Howards Facilities Management Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07519076

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Howards Facilities Management Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G Curl

SECRETARY:

Stones Book Keeping Services (Sussex) Limited

REGISTERED OFFICE:

3 Brighton Road

Newhaven

BN9 9NA

REGISTERED NUMBER:

07519076

FIXED ASSETS

Tangible assets

4

13,364

16,705

Investments

5

121,700

135,064

138,405

CURRENT ASSETS

Debtors

6

4,368

960

Cash at bank and in hand

13,804

13,666

18,172

14,626

CREDITORS

Amounts falling due within one year

7

94,386

89,668

NET CURRENT LIABILITIES

(76,214

)

(75,042

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

58,850

63,363

CREDITORS

Amounts falling due after more than
one year

8

(15,168

)

(23,558

)

PROVISIONS FOR LIABILITIES

(506

)

(632

)

NET ASSETS

43,176

39,173

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

43,076

39,073

SHAREHOLDERS' FUNDS

43,176

39,173

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 30 September 2025 and were signed by:

G Curl - Director

1.	STATUTORY INFORMATION

Howards Facilities Management Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 1 ).

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

COST

At 1 January 2024

and 31 December
2024

4,199

55,000

19,886

1,399

80,484

DEPRECIATION

At 1 January 2024

3,801

42,090

16,489

1,399

63,779

Charge for year

80

2,582

679

-

3,341

At 31 December 2024

3,881

44,672

17,168

1,399

67,120

NET BOOK VALUE

At 31 December 2024

318

10,328

2,718

-

13,364

At 31 December 2023

398

12,910

3,397

-

16,705

5.	FIXED ASSET INVESTMENTS

Other

investment

£

COST

At 1 January 2024

and 31 December 2024

121,700

NET BOOK VALUE

At 31 December 2024

121,700

At 31 December 2023

121,700

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

Trade debtors

4,368

960

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

Trade creditors

13,552

2,311

Tax

1,646

548

Social security and other taxes

1,684

VAT

16,179

12,269

Directors' loan accounts

58,597

70,418

Accrued expenses

2,728

2,438

94,386

89,668

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

31/12/24

31/12/23

£

Bank loans - 2-5 years

15,168

23,558

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the Balance sheet date the directors loan account shown on the balance sheet was owed to the director, Mr G Curl.Interest is charged for this loan at 3.5%. There is no set repayment date.The loan is repayable on demand.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is G Curl.