Owls Hall Environmental Ltd - Filleted accounts

Registered number

04408559

Owls Hall Environmental Ltd

Filleted Accounts

31 March 2025

Owls Hall Environmental Ltd
Registered number:		04408559
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		13,414			15,334
Tangible assets	4		1,138,375			1,180,951
			1,151,789			1,196,285

Current assets
Stocks		152,583			217,482
Debtors	5	139,068			199,183
Cash at bank and in hand		136,062			138,497
		427,713			555,162

Creditors: amounts falling due within one year	6	(532,171)			(542,558)

Net current (liabilities)/assets			(104,458)			12,604

Total assets less current liabilities			1,047,331			1,208,889

Creditors: amounts falling due after more than one year	7		(318,598)			(392,378)

Provisions for liabilities			(44,212)			(54,924)


Net assets			684,521			761,587

Capital and reserves
Called up share capital			240			240
Share premium			79,960			79,960
Profit and loss account			604,321			681,387

Shareholders' funds			684,521			761,587

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

Mr C I Finbow
Director
Approved by the board on 9 December 2025

Owls Hall Environmental Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			none
	Plant machinery, fixtures fittings and equipment			over 5 and 10 years
	Motor vehicles			25% reducing balance.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	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.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company, including the director.					17		16


3	Intangible fixed assets							£
	Trademarks and website

	Cost
	At 1 April 2024							23,082
	At 31 March 2025							23,082

	Amortisation
	At 1 April 2024							7,748
	Provided during the year							1,920
	At 31 March 2025							9,668

	Net book value
	At 31 March 2025							13,414
	At 31 March 2024							15,334

	Patents trademarks etc is being written off in equal annual instalments over its estimated economic life of 20 years. The website is being written off in equal annual instalments over its estimated economic life of 10 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	877,191		602,163		198,162		1,677,516
	Additions	-		19,850		-		19,850
	Disposals	-		(18,940)		-		(18,940)
	At 31 March 2025	877,191		603,073		198,162		1,678,426

	Depreciation
	At 1 April 2024	-		407,289		89,276		496,565
	Charge for the year	-		35,094		27,221		62,315
	On disposals	-		(18,829)		-		(18,829)
	At 31 March 2025	-		423,554		116,497		540,051

	Net book value
	At 31 March 2025	877,191		179,519		81,665		1,138,375
	At 31 March 2024	877,191		194,874		108,886		1,180,951


5	Debtors					2025		2024
£							£

	Trade debtors					104,417		169,479
	Other debtors					34,651		29,704
						139,068		199,183


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					24,154		17,231
	Obligations under finance lease and hire purchase contracts					32,710		36,369
	Trade creditors					162,808		198,892
	Amounts owed to group undertakings and undertakings in which the company has a participating interest					121,950		110,366
	Taxation and social security costs					39,668		45,250
	Other creditors					150,881		134,450
						532,171		542,558


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					249,810		289,764
	Obligations under finance lease and hire purchase contracts					68,788		102,614
						318,598		392,378


8	Loans					2025		2024
£							£
	Creditors include:
	Instalments falling due for payment after more than five years					229,341		263,740


	Secured bank loans					229,341		263,740

	Lloyds Bank PLC and Union Pensions Trustees (Eastern) Limited have charges over assets of the company


9	Other financial commitments					2025		2024
£							£

	Total future minimum payments under non-cancellable operating leases					1,362		3,224


10	Controlling party

	CI Finbow is director and shareholder of Owls Hall Farm Ltd. Owls Hall Environmental Ltd owes Owls Hall Farm Limited £121,950 at year end 2025 (£110,367 - 2024)


11	Other information


	Owls Hall Environmental Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Owls Hall Farm
	Blackmore End
	Braintree
	Essex
	CM7 4DF