REGISTERED NUMBER: 00411572 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

HOWES BOOKSHOPS LIMITED

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

135

180

135

180

CURRENT ASSETS

Stocks

6

6,055

24,050

Debtors

7

324

534

Cash at bank

5,199

3,465

11,578

28,049

CREDITORS

Amounts falling due within one year

8

7,289

21,732

NET CURRENT ASSETS

4,289

6,317

TOTAL ASSETS LESS CURRENT LIABILITIES

4,424

6,497

CAPITAL AND RESERVES

Called up share capital

9

3,000

3,000

Retained earnings

1,424

3,497

SHAREHOLDERS' FUNDS

4,424

6,497

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 March 2026 and were signed on its behalf by:

Mr M A Bartley - Director

1.	STATUTORY INFORMATION

Howes Bookshops Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

00411572

Registered office:

Unit 2.02

High Weald House

Glovers End

Bexhill

East Sussex

TN39 5ES

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.

INTANGIBLE ASSETS

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

TANGIBLE FIXED ASSETS

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

Fixtures and fittings

-

25% on reducing balance

STOCKS

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

Cost

At 1 January 2025

and 31 December 2025

1,720

Amortisation

At 1 January 2025

and 31 December 2025

1,720

Net book value

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

Cost

At 1 January 2025

and 31 December 2025

41,060

383

41,443

Depreciation

At 1 January 2025

40,880

383

41,263

Charge for year

45

-

45

At 31 December 2025

40,925

383

41,308

Net book value

At 31 December 2025

135

-

135

At 31 December 2024

180

-

180

6.

STOCKS

2025

2024

£

£

Finished goods

6,055

24,050

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

VAT

264

474

Prepayments and accrued income

60

60

324

534

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors

104

159

Directors' current accounts

6,030

20,418

Accruals and deferred income

1,155

1,155

7,289

21,732

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

3,000

Ordinary

£1

3,000

3,000

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr M A Bartley.