Herberts Ltd - Accounts

Herberts Ltd
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	4	483	568
		483	568
Current assets
Stocks	5	3,252	3,436
Debtors: amounts falling due within one year	6	900	730
Cash at bank and in hand		82,317	96,332
		86,469	100,498
Creditors: amount falling due within one year	7	(65,793)	(68,891)
Net current assets		20,676	31,607

Total assets less current liabilities		21,159	32,175
Net assets		21,159	32,175

Capital and reserves
Called up share capital	8	200	200
Profit and loss account		20,959	31,975
Shareholders' funds		21,159	32,175

For the year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 18 June 2026 and were signed on its behalf by:

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Mr R G White
Director

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Mrs N Fernandez
Director

Herberts Ltd
Notes to the Financial Statements
For the year ended 31 March 2026

General Information

Herberts Ltd is a private company, limited by shares, registered in England and Wales, registration number 04367964, registration address 18 Winchester St, Salisbury, Wiltshire , United Kingdom, SP1 1HG.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Cost of sales

The cost of sales is the accumulated total of all costs used to create a product or service, which has been sold.

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.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 20 years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings

15% Reducing Balance

Stocks

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

2.	Average number of employees Average number of employees during the year was 6 (2025 : 6).

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 01 April 2025	72,550	72,550
Additions	-	-
Disposals	-	-
At 31 March 2026	72,550	72,550
Amortisation
At 01 April 2025	72,550	72,550
Charge for year	-	-
On disposals	-	-
At 31 March 2026	72,550	72,550
Net book values
At 31 March 2026	-	-
At 31 March 2025	-	-

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Total
	£	£
At 01 April 2025	6,710	6,710
Additions	-	-
Disposals	-	-
At 31 March 2026	6,710	6,710
Depreciation
At 01 April 2025	6,142	6,142
Charge for year	85	85
On disposals	-	-
At 31 March 2026	6,227	6,227
Net book values
Closing balance as at 31 March 2026	483	483
Opening balance as at 01 April 2025	568	568

Stocks

	2026 £		2025 £
Stocks	3,252		3,436
	3,252		3,436

Debtors: amounts falling due within one year

	2026 £		2025 £
Prepayments & Accrued Income	900		730
	900		730

Creditors: amount falling due within one year

	2026 £	2025 £
Corporation Tax	2,245	5,240
PAYE & Social Security	1,503	547
Wages & Salaries Control Account	0	1,097
Directors' Current Accounts	58,781	58,223
VAT	3,264	3,784
	65,793	68,891

Share Capital

Allotted, called up and fully paid	2026 £	2025 £
100 Ordinary shares of £1.00 each	100	100
50 Ordinary A shares of £1.00 each	50	50
50 Ordinary B shares of £1.00 each	50	50
	200	200

9.	Director’s loan

Mr R G White

Particulars	2026 £	2025 £
Opening Balance	(58,223)	(58,156)
Advances to director	254	245
Repayments by director	(812)	(312)
Closing Balance	(58,781)	(58,223)

The loan is interest free and repayable on demand..

10.	Dividend During the year, total dividends of £20,500 (2025 - £20,000) were paid to the directors.

Registered Number: 04367964
England and Wales
HERBERTS LTD

Unaudited Financial Statements

Period of accounts Start date: 01 April 2025 End date: 31 March 2026