REGISTERED NUMBER: 04230640 (England and Wales)

Financial Statements

for the Year Ended 30 April 2025

for

Howard & Sons Exports Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C M Howard

R T Howard

R J Howard

C M Howard

Mrs G A Howard

J Howard

SECRETARY:

R J Howard

REGISTERED OFFICE:

The Old Post Office

41-43 Market Place

Chippenham

Wiltshire

SN15 3HR

REGISTERED NUMBER:

04230640 (England and Wales)

ACCOUNTANTS:

Mander Duffill

Chartered Accountants

The Old Post Office

41-43 Market Place

Chippenham

Wiltshire

SN15 3HR

FIXED ASSETS

Intangible assets

4

97,000

194,000

Tangible assets

5

14,272

82,601

111,272

276,601

CURRENT ASSETS

Stocks

1,694,227

1,643,286

Debtors

6

450,942

156,336

Cash at bank and in hand

189,022

117,924

2,334,191

1,917,546

CREDITORS

Amounts falling due within one year

7

1,076,326

878,346

NET CURRENT ASSETS

1,257,865

1,039,200

TOTAL ASSETS LESS CURRENT LIABILITIES

1,369,137

1,315,801

PROVISIONS FOR LIABILITIES

3,568

21,579

NET ASSETS

1,365,569

1,294,222

CAPITAL AND RESERVES

Called up share capital

120

120

Retained earnings

1,365,449

1,294,102

SHAREHOLDERS' FUNDS

1,365,569

1,294,222

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 13 January 2026 and were signed on its behalf by:

C M Howard - Director

1.	STATUTORY INFORMATION

Howard & Sons Exports Ltd 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.

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.

Turnover

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

Goodwill

Goodwill represents the excess of the cost of an acquisition over the fair value of the net identifiable assets and liabilities acquired, both tangible and intangible.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Stocks

Stocks have been valued at the lower of cost and estimated selling price less costs to sell after including due provision for slow moving and obsolete items. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacture or completion.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 16 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2024

and 30 April 2025

485,000

AMORTISATION

At 1 May 2024

291,000

Charge for year

97,000

At 30 April 2025

388,000

NET BOOK VALUE

At 30 April 2025

97,000

At 30 April 2024

194,000

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2024

607,930

Additions

35,508

Disposals

(36,740

)

At 30 April 2025

606,698

DEPRECIATION

At 1 May 2024

525,329

Charge for year

76,533

Eliminated on disposal

(9,436

)

At 30 April 2025

592,426

NET BOOK VALUE

At 30 April 2025

14,272

At 30 April 2024

82,601

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

66,339

102,552

Other debtors

384,603

53,784

450,942

156,336

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade creditors

384,677

453,968

Other creditors

691,649

424,378

1,076,326

878,346

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Howard & Son Holdings Ltd.

Registered in England and Wales

Registered Office: The Old Post Office, 41-43 The Market Place, Chippenham, SN15 3HR