ACCOUNTS - Final Accounts preparation

Cash and cash equivalents

Registered number: 10027598

HOW IT ENDED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 JANUARY 2025

HOW IT ENDED

REPORT TO THE DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF HOW IT ENDED
FOR THE PERIOD ENDED 31 JANUARY 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of How It Ended for the period ended 31 January 2025 which comprise the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas -framework-preparation -of-accounts.

This report is made solely to the Board of Directors of How It Ended, as a body, in accordance with the terms of our engagement letter dated 24 October 2017. Our work has been undertaken solely to prepare for your approval the financial statements of How It Ended and state those matters that we have agreed to state to the Board of Directors of How It Ended, as a body, in this report in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at https://icas.com/icas -framework-preparation -of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than How It Ended and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that How It Ended has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of How It Ended. You consider that How It Ended is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or review of the financial statements of How It Ended. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Milton Avis LLP

Chartered Accountants

Pitt House

120 Baker Street

London

W1U 6TU

30 December 2025

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HOW IT ENDED

REGISTERED NUMBER: 10027598

BALANCE SHEET

AS AT 31 JANUARY 2025

	31 January	29 February
	2025	2024
Note	£	£


Current assets
Cash at bank and in hand	105		-
	105		-
Creditors: amounts falling due within one year	(12,647)		(2,295)
Net current liabilities		(12,542)		(2,295)
Total assets less current liabilities		(12,542)		(2,295)

Net liabilities		(12,542)		(2,295)

Capital and reserves
Profit and loss account	(12,542)	(2,295)
	(12,542)	(2,295)

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................ Georgina Eva Sampson	................................................ Teresa Catherine Burns
Director	Director

Date: 30 December 2025

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HOW IT ENDED

REGISTERED NUMBER: 10027598

BALANCE SHEET (CONTINUED)

AS AT 31 JANUARY 2025

The notes on pages 4 to 5 form part of these financial statements.

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HOW IT ENDED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2025

1.	General information

The company is a private company limited by guarantee and was incorporated on 26 February 2016 and is registered in England and Wales. Its registered office is 120 Baker Street, London, W1U 6TU.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The presentation currency is pounds sterling.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

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HOW IT ENDED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2025

Employees

The average monthly number of employees, including directors, during the period was 0 (2024 - 2).

Cash at bank and in hand	105	-
	105	-

Other creditors	12,647	2,295
	12,647	2,295

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