Howard's Domestics Limited


Directors	Darren Howard
	Vivien Howard


Company Secretary	Vivien Howard


Registered Address	80 Milnrow Road Shaw
	Oldham
	OL2 8ER


Registered Number	08122632 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		72,986		60,256
			72,986		60,256
Current assets
Stocks		5,500		5,500
Debtors	4	80,757		68,356
Cash at bank and on hand		147,340		126,969
		233,597		200,825
Creditors amounts falling due within one year	5	(99,990)		(97,231)
Net current assets (liabilities)			133,607		103,594
Total assets less current liabilities			206,593		163,850
Creditors amounts falling due after one year	6		(17,072)		(20,734)
Provisions for liabilities			(5,343)		(1,787)
Net assets			184,178		141,329
Capital and reserves
Called up share capital			2		2
Profit and loss account			184,176		141,327
Shareholders' funds			184,178		141,329

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 25 September 2025, and are signed on its behalf by:

Darren Howard
Director
Registered Company No. 08122632

Howard's Domestics Limited

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

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

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	The company operates a defined contribution pension scheme. Contributions payable to the company pension scheme are charged to profit or loss in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

	Finance leases and hire purchase contracts
	Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability. Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Finance leases and hire purchase contracts

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

	Stocks and work in progress
	Inventory is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

	Government grants or assistance
	Government grants in respect of the Coronavirus Job Retention Scheme are recognised within the Income Statement on an accruals basis.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	47		45

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 April 24	101,017
	Additions	11,500
	At 31 March 25	112,517
	Depreciation and impairment
	At 01 April 24	40,761
	Charge for year	6,691
	On disposals	(7,921)
	At 31 March 25	39,531
	Net book value
	At 31 March 25	72,986
	At 31 March 24	60,256

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	75,807	68,356
Prepayments and accrued income	4,950	-
Total	80,757	68,356

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	15,069	13,034
Bank borrowings and overdrafts	15,000	14,874
Taxation and social security	65,786	62,113
Finance lease and HP contracts	3,999	4,852
Other creditors	136	1,476
Accrued liabilities and deferred income	-	882
Total	99,990	97,231

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	5,076	20,734
Other creditors	11,996	-
Total	17,072	20,734

7.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	15,995		4,852