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Company Registration No. 13143116 (England and Wales)
Hwb Narberth Ltd Unaudited accounts for the year ended 31 January 2025
Hwb Narberth Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Hwb Narberth Ltd Company Information for the year ended 31 January 2025
Directors
James Beaven Robert Faulkner Christopher Lees-Price
Company Number
13143116 (England and Wales)
Registered Office
UNIT 16-17 THE SALTERNS TENBY SA70 7NJ WALES
Accountants
Ann Stephens & Co The Lodge Allensbank Narberth Pembs SA67 8RF
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Hwb Narberth Ltd Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
61,843 
68,328 
Current assets
Inventories
3,100 
6,815 
Debtors
5
(902)
(908)
Cash at bank and in hand
6,188 
(8,894)
8,386 
(2,987)
Creditors: amounts falling due within one year
6
(56,741)
(52,833)
Net current liabilities
(48,355)
(55,820)
Total assets less current liabilities
13,488 
12,508 
Creditors: amounts falling due after more than one year
7
(5,840)
(12,848)
Net assets/(liabilities)
7,648 
(340)
Capital and reserves
Called up share capital
42 
42 
Profit and loss account
7,606 
(382)
Shareholders' funds
7,648 
(340)
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 September 2025 and were signed on its behalf by
Robert Faulkner Director Company Registration No. 13143116
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Hwb Narberth Ltd Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Hwb Narberth Ltd is a private company, limited by shares, registered in England and Wales, registration number 13143116. The registered office is UNIT 16-17 THE SALTERNS, TENBY, SA70 7NJ, WALES.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
33% reducing balance
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2024
10,622 
74,135 
405 
85,162 
Additions
- 
1,913 
- 
1,913 
At 31 January 2025
10,622 
76,048 
405 
87,075 
Depreciation
At 1 February 2024
5,272 
11,269 
293 
16,834 
Charge for the year
1,338 
6,947 
113 
8,398 
At 31 January 2025
6,610 
18,216 
406 
25,232 
Net book value
At 31 January 2025
4,012 
57,832 
(1)
61,843 
At 31 January 2024
5,350 
62,866 
112 
68,328 
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Hwb Narberth Ltd Notes to the Accounts for the year ended 31 January 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
(6,408)
(8,219)
Trade debtors
6,560 
8,365 
Amounts due from group undertakings etc.
(1,054)
(1,054)
(902)
(908)
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
7,008 
7,008 
Trade creditors
9,529 
5,099 
Taxes and social security
10,621 
1,713 
Other creditors
3,563 
1,853 
Loans from directors
23,228 
33,508 
Accruals
2,792 
3,652 
56,741 
52,833 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
5,840 
12,848 
8
Average number of employees
During the year the average number of employees was 12 (2024: 16).
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