The Howard Arms (Ilmington) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 09451419

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		-		25,000
Tangible Assets	5		1,017,842		1,052,554

			1,017,842		1,077,554
CURRENT ASSETS
Stocks	6	20,358		23,245
Debtors	7	122,709		95,778
Cash at bank and in hand		2,586		3,270

		145,653		122,293
Creditors: Amounts Falling Due Within One Year	8	(244,757 )		(245,108 )

NET CURRENT ASSETS (LIABILITIES)			(99,104 )		(122,815 )

TOTAL ASSETS LESS CURRENT LIABILITIES			918,738		954,739

Creditors: Amounts Falling Due After More Than One Year	9		-		(322,471 )

NET ASSETS			918,738		632,268

CAPITAL AND RESERVES
Called up share capital	10		1,440,000		1,100,000
Profit and Loss Account			(521,262 )		(467,732 )

SHAREHOLDERS' FUNDS			918,738		632,268

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The Howard Arms (Ilmington) Limited

Balance Sheet (continued)

As At 31 May 2025

For the year ending 31 May 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr A S Knight

Director

10/10/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

The Howard Arms (Ilmington) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09451419 . The registered office is 13 The Courtyard, Timothy's Bridge Road, Stratford upon Avon, Warwickshire, CV37 9NP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Going Concern Disclosure

These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company for at least 12 months from the balance sheet date.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.4. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	5% on cost
Fixtures & Fittings	25% on cost and 10% on cost

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 45 (2024: 42)

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The Howard Arms (Ilmington) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 June 2024	250,000

As at 31 May 2025	250,000

Amortisation
As at 1 June 2024	225,000
Provided during the period	25,000

As at 31 May 2025	250,000

Net Book Value
As at 31 May 2025	-

As at 1 June 2024	25,000

5. Tangible Assets

	Land & Property
	Freehold	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 June 2024	1,235,351	253,804	1,489,155
Additions	18,968	4,300	23,268

As at 31 May 2025	1,254,319	258,104	1,512,423

Depreciation
As at 1 June 2024	259,993	176,608	436,601
Provided during the period	30,674	27,306	57,980

As at 31 May 2025	290,667	203,914	494,581

Net Book Value
As at 31 May 2025	963,652	54,190	1,017,842

As at 1 June 2024	975,358	77,196	1,052,554

6. Stocks

	2025	2024
	£	£
Stock	20,358	23,245

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The Howard Arms (Ilmington) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	102,267	87,078
Other debtors	20,442	8,700

	122,709	95,778

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	76,026	65,863
Bank loans and overdrafts	27,677	18,880
Other creditors	74,523	66,312
Taxation and social security	66,531	94,053

	244,757	245,108

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	-	262,471
Other loans	-	60,000

	-	322,471

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,440,000	1,100,000

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