Company Registration No. 11855358 (England and Wales)
Hb Stoves Ltd
Unaudited accounts
for the year ended 31 March 2025
Hb Stoves Ltd
Unaudited accounts
Contents
Hb Stoves Ltd
Company Information
for the year ended 31 March 2025
Directors
Harry Mayne Burton
Katie Anna-Nicole Whiting
Company Number
11855358 (England and Wales)
Registered Office
The Forge
Church Road
Wickmere
Norwich
Norfolk
NR11 7NA
England
Accountants
JHW Azoth Ltd
13 The Close
Norwich
Norfolk
NR1 4DS
Hb Stoves Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
37,754
42,103
Cash at bank and in hand
18,222
38,755
Creditors: amounts falling due within one year
(31,099)
(66,743)
Net current assets
13,093
2,483
Total assets less current liabilities
50,847
44,586
Provisions for liabilities
Deferred tax
(10,525)
(10,525)
Called up share capital
100
100
Profit and loss account
40,222
33,961
Shareholders' funds
40,322
34,061
For the year ending 31 March 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 December 2025 and were signed on its behalf by
Harry Mayne Burton
Director
Company Registration No. 11855358
Hb Stoves Ltd
Notes to the Accounts
for the year ended 31 March 2025
Hb Stoves Ltd is a private company, limited by shares, registered in England and Wales, registration number 11855358. The registered office is The Forge, Church Road, Wickmere, Norwich, Norfolk, NR11 7NA, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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:
Hb Stoves Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
37,161
43,585
1,614
6,267
88,627
Additions
6,033
-
-
-
6,033
At 31 March 2025
43,194
43,585
1,614
6,267
94,660
At 1 April 2024
24,462
17,176
252
4,634
46,524
Charge for the year
4,136
5,282
273
691
10,382
At 31 March 2025
28,598
22,458
525
5,325
56,906
At 31 March 2025
14,596
21,127
1,089
942
37,754
At 31 March 2024
12,699
26,409
1,362
1,633
42,103
Amounts falling due within one year
Other debtors
19,979
21,277
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
20,013
30,000
Taxes and social security
4,834
6,217
Loans from directors
2,042
26,297
7
Average number of employees
During the year the average number of employees was 4 (2024: 4).