Howden Services Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04470877

Howden Services Limited

Filleted Unaudited Financial Statements

Year ended

28 December 2024

Howden Services Limited

Financial Statements

Year ended 28 December 2024

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Howden Services Limited

Statement of Financial Position

28 December 2024

	2024		2023
Note	£	£	£	£

Fixed assets

Intangible assets	5	45,472	9,050
Tangible assets	6	5,000	5,000
		--------	--------
		50,472	14,050

Current assets

Debtors	7	–	88,903
Cash at bank and in hand		89	1,538
		----	--------
		89	90,441

Creditors: amounts falling due within one year	8	11,696		51,485
		--------		--------
Net current (liabilities)/assets			( 11,607)		38,956
			--------		--------
Total assets less current liabilities			38,865		53,006

Creditors: amounts falling due after more than one year	9	38,229	47,967
		--------	--------
Net assets		636	5,039
		--------	--------

Capital and reserves

Called up share capital	1	1
Profit and loss account	635	5,038
	----	-------
Shareholders funds	636	5,039
	----	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 28 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Howden Services Limited

Statement of Financial Position (continued)

28 December 2024

These financial statements were approved by the board of directors and authorised for issue on 24 September 2025 , and are signed on behalf of the board by:

T E Leighton
Director

Company registration number: 04470877

Howden Services Limited

Notes to the Financial Statements

Year ended 28 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 15 Pinfold Street, Eastrington, Goole, East Yorkshire, DN14 7PY.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

(a) Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

(b) Going concern

Following the challenges arising as a consequence of the Covid-19 pandemic in 2020/21, more latterly the UK economy has been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the director has considered the effect of these matters on the company with the information available to it, and does not believe that it it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the director has prepared these financial statements on a going concern basis.

(c) Current & deferred tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

(d) Intangible assets (including research and development)

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

(e) Research and development

Research expenditure is written off in the period in which it is incurred. Development expenditure incurred is capitalised as an intangible asset only when all of the following criteria are met: - It is technically feasible to complete the intangible asset so that it will be available for use or sale; - There is the intention to complete the intangible asset and use or sell it; - There is the ability to use or sell the intangible asset; - The use or sale of the intangible asset will generate probable future economic benefits; - There are adequate technical, financial and other resources available to complete the development and to use or sell the intangible asset; and - The expenditure attributable to the intangible asset during its development can be measured reliably. Expenditure that does not meet the above criteria is expensed as incurred.

(f) Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

(g) Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Plant & Machinery	-	20% straight line

(h) Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

(i) Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2022: 1).

5. Intangible assets

	Development costs
	£
Cost
At 29 December 2023	5,250
Additions	40,222
	--------
At 28 December 2024	45,472
	--------
Amortisation
At 29 December 2023 and 28 December 2024	–
	--------
Carrying amount
At 28 December 2024	45,472
	--------
At 28 December 2023	5,250
	--------

6. Tangible assets

	Freehold property	Plant and machinery	Total
	£	£	£
Cost
At 29 December 2023 and 28 December 2024	5,000	4,300	9,300
	-------	-------	-------
Depreciation
At 29 December 2023 and 28 December 2024	–	4,300	4,300
	-------	-------	-------
Carrying amount
At 28 December 2024	5,000	–	5,000
	-------	-------	-------
At 28 December 2023	5,000	–	5,000
	-------	-------	-------

7. Debtors

	2024	2023
	£	£
Trade debtors	–	21,057
Other debtors	–	67,846
	----	--------
	–	88,903
	----	--------

8. Creditors: amounts falling due within one year

	2024	2023
	£	£
Bank loans and overdrafts	4,500	–
Trade creditors	5,961	51,485
Other creditors	1,235	–
	--------	--------
	11,696	51,485
	--------	--------

9. Creditors: amounts falling due after more than one year

	2024	2023
	£	£
Bank loans and overdrafts	38,229	47,967
	--------	--------

10. Director's advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

	2024
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
T E Leighton	67,846	60,861	( 129,942)	( 1,235)
	--------	--------	----------	-------

	2023
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
T E Leighton	116,202	805,069	( 853,425)	67,846
	----------	----------	----------	--------