Glenn Howells Architects Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03993695 (England and Wales)

GLENN HOWELLS ARCHITECTS LIMITED

TRADING AS

HOWELLS

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G P Howells

D Bansal

R Bray

REGISTERED OFFICE:

321, Bradford Street

Digbeth

Birmingham

West Midlands

B5 6ET

REGISTERED NUMBER:

03993695 (England and Wales)

ACCOUNTANTS:

Sephton & Company LLP

Chartered Certified Accountants

Marston House

5 Elmdon Lane

Marston Green

Solihull

West Midlands

B37 7DL

BANKERS:

Handelsbanken

3rd Floor, 67 Temple Row

Birmingham

B2 5LS

CURRENT ASSETS

Debtors

4

2,243,509

2,229,497

Cash at bank

136,085

286,897

2,379,594

2,516,394

CREDITORS

Amounts falling due within one year

5

1,351,827

1,039,283

NET CURRENT ASSETS

1,027,767

1,477,111

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,027,767

1,477,111

CREDITORS

Amounts falling due after more than one
year

6

(450,000

)

(450,000

)

PROVISIONS FOR LIABILITIES

(176,406

)

(204,979

)

NET ASSETS

401,361

822,132

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

401,360

822,131

SHAREHOLDERS' FUNDS

401,361

822,132

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 December 2025 and were signed on its behalf by:

G P Howells - Director

D Bansal - Director

1.	STATUTORY INFORMATION

Glenn Howells Architects Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Significant judgements and estimates

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Turnover

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.

DEBTORS

31/3/25

31/3/24

£

Amounts falling due within one year:

Trade debtors

2,036,936

1,986,247

Other debtors

162,325

176,858

2,199,261

2,163,105

Amounts falling due after more than one year:

Other debtors

44,248

66,392

Aggregate amounts

2,243,509

2,229,497

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

Trade creditors

523,852

251,427

Amounts owed to group undertakings

2,412

Taxation and social security

45,569

65,653

Other creditors

779,994

719,791

1,351,827

1,039,283

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31/3/25

31/3/24

£

Other creditors

450,000

7.	SECURED DEBTS

The following secured debts are included within creditors:

31/3/25

31/3/24

£

Debentures

500,000

GHA (Property) Limited hold a fixed and floating charge over the assets dated 6 February 2024.

8.	RELATED PARTY DISCLOSURES

G H A Services LLP

During the period the Company traded with G H A Services LLP a limited liability partnership in which the directors Mr G P Howells and Mr D Bansal are partners.

G H A Services LLP invoiced the Company £7,770,204 (2024 £12,398,702) in respect of architectural and management charges during the period.

As at the balance sheet date G H A Services LLP owed the Company £nil (2024 £78,224, this amount was included in Trade Debtors.

As at the balance sheet date G H A Services LLP owed the Company £52,850 (2024 £55,024, this amount was included in Other Debtors.

As at the balance sheet date the Company owed G H A Services LLP £82,420 (2024 £nil), this amount was included in Trade Creditors.

Bradford Street Properties (Number 2) LLP

During the period the Company traded with Bradford Street Properties (Number 2) LLP a limited liability partnership in which the director Mr G P Howells is a partner.

The Company invoiced Bradford Street Properties (Number 2) LLP £21,013 (2024 £45,000) in respect of architectural charges during the period.

As at the balance sheet date Bradford Street Properties (Number 2) LLP owed the Company £nil (2024 £nil), this amount was included in Trade Debtors.