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REGISTERED NUMBER: 10501675 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

HOWARDS DECORATORS (NORTH WEST) LTD

HOWARDS DECORATORS (NORTH WEST) LTD (REGISTERED NUMBER: 10501675)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

HOWARDS DECORATORS (NORTH WEST) LTD

COMPANY INFORMATION
for the Year Ended 30 November 2024







DIRECTOR: B Howard





REGISTERED OFFICE: Vantage House
3 East Terrace Business Park
Euxton Lane, Euxton
Chorley
Lancashire
PR7 6TB





REGISTERED NUMBER: 10501675 (England and Wales)





ACCOUNTANTS: Studholme-Bell Limited
Chartered Accountants
& Business Advisors
Vantage House
3 East Terrace Business Park
Euxton Lane, Euxton
Chorley
Lancashire
PR7 6TB

HOWARDS DECORATORS (NORTH WEST) LTD (REGISTERED NUMBER: 10501675)

BALANCE SHEET
30 November 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 48,538 40,081

CURRENT ASSETS
Stocks 8,889 15,186
Debtors 6 108,936 129,286
Cash at bank and in hand 89,720 81,636
207,545 226,108
CREDITORS
Amounts falling due within one year 7 64,525 74,276
NET CURRENT ASSETS 143,020 151,832
TOTAL ASSETS LESS CURRENT
LIABILITIES

191,558

191,913

CREDITORS
Amounts falling due after more than one
year

8

(132,777

)

(153,491

)

PROVISIONS FOR LIABILITIES (12,135 ) -
NET ASSETS 46,646 38,422

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 46,645 38,421
46,646 38,422

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

HOWARDS DECORATORS (NORTH WEST) LTD (REGISTERED NUMBER: 10501675)

BALANCE SHEET - continued
30 November 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 August 2025 and were signed by:





B Howard - Director


HOWARDS DECORATORS (NORTH WEST) LTD (REGISTERED NUMBER: 10501675)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2024


1. STATUTORY INFORMATION

Howards Decorators (North West) Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with FRS102 Section 1A for small entities. There were no material departures from that standard.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The principle accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year and have also been consistently applied within the same accounts.

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.

Revenue recognition
Revenue is recognised when goods have been delivered to customers such that the risks and rewards of ownership have transferred to them.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks have been valued at the lower of cost and estimated selling price, less costs to sell. In respect of work in progress and finished goods, cost included a relevant proportion of overheads according to the stage of manufacture/completion.

Financial instruments
The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank loans and directors' loans.

Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the statement of income and retained earnings.

Taxation
Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.

Tax deferred or accelerated is accounted for in respect of all material timing differences.

HOWARDS DECORATORS (NORTH WEST) LTD (REGISTERED NUMBER: 10501675)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 2024


3. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Property, plant and equipment acquired under finance leases or hire purchase contracts are capitalised and depreciated in the same manner as other intangible assets. The related obligations, net of future finance charges, are included in creditors.

Rentals payable under operating leases are charged to the profit and loss account on a straight-line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2023 - 12 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 December 2023 22,181 26,770 4,158 53,109
Additions 451 17,129 1,660 19,240
At 30 November 2024 22,632 43,899 5,818 72,349
DEPRECIATION
At 1 December 2023 4,436 5,438 3,154 13,028
Charge for year 3,568 6,847 368 10,783
At 30 November 2024 8,004 12,285 3,522 23,811
NET BOOK VALUE
At 30 November 2024 14,628 31,614 2,296 48,538
At 30 November 2023 17,745 21,332 1,004 40,081

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 108,519 128,767
Other debtors 417 519
108,936 129,286

HOWARDS DECORATORS (NORTH WEST) LTD (REGISTERED NUMBER: 10501675)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans and overdrafts 5,556 5,556
Trade creditors 12,408 34
Tax 2,792 2,076
Social security and other taxes 10,890 10,938
VAT 24,699 38,853
Other creditors 696 4,518
Accruals and deferred income 7,484 12,301
64,525 74,276

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.24 30.11.23
£    £   
Bank loans - 1-2 years 5,556 5,556
Bank loans - 2-5 years 16,667 16,667
Bank loans more 5 yr by instal 3,241 8,797
Directors Loan Account 107,313 122,471
132,777 153,491

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 3,241 8,797

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
HOWARDS DECORATORS (NORTH WEST) LTD


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Howards Decorators (North West) Ltd for the year ended 30 November 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Howards Decorators (North West) Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Howards Decorators (North West) Ltd and state those matters that we have agreed to state to the director of Howards Decorators (North West) Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Howards Decorators (North West) Ltd and its director for our work or for this report.

It is your duty to ensure that Howards Decorators (North West) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Howards Decorators (North West) Ltd. You consider that Howards Decorators (North West) Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Howards Decorators (North West) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Studholme-Bell Limited
Chartered Accountants
& Business Advisors
Vantage House
3 East Terrace Business Park
Euxton Lane, Euxton
Chorley
Lancashire
PR7 6TB


12 August 2025