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Registered number: 13070089
Howell Fusion Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2025
Blue Rocket Accounting
8 Twisleton Court Priory Hill
Dartford
Kent
DA1 2EN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13070089
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 2,400
Tangible Assets 5 1,072 1,040
1,072 3,440
CURRENT ASSETS
Debtors 6 21,156 17,316
Cash at bank and in hand 1,499 3,272
22,655 20,588
Creditors: Amounts Falling Due Within One Year 7 (23,689 ) (24,015 )
NET CURRENT ASSETS (LIABILITIES) (1,034 ) (3,427 )
TOTAL ASSETS LESS CURRENT LIABILITIES 38 13
NET ASSETS 38 13
CAPITAL AND RESERVES
Called up share capital 8 10 10
Profit and Loss Account 28 3
SHAREHOLDERS' FUNDS 38 13
Page 1
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For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Miss Amy Howell
Director
26/05/2026
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Howell Fusion Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13070089 . The registered office is 8 Twisleton Court, Priory Hill, Dartford, Kent, DA1 2EN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% on cost
Fixtures & Fittings 20% on cost
2.5. Foreign Currencies
Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2025 12,000
As at 31 December 2025 12,000
Amortisation
As at 1 January 2025 9,600
Provided during the period 2,400
As at 31 December 2025 12,000
Net Book Value
As at 31 December 2025 -
As at 1 January 2025 2,400
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2025 - 4,327 4,327
Additions 863 159 1,022
As at 31 December 2025 863 4,486 5,349
Depreciation
As at 1 January 2025 - 3,287 3,287
Provided during the period 95 895 990
As at 31 December 2025 95 4,182 4,277
Net Book Value
As at 31 December 2025 768 304 1,072
As at 1 January 2025 - 1,040 1,040
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 6,206 9,731
Other debtors 14,950 7,585
21,156 17,316
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 942 -
Other creditors 803 (821)
Taxation and social security 21,944 24,836
23,689 24,015
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 10 10
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2025 Amounts advanced Amounts repaid Amounts written off As at 31 December 2025
£ £ £ £ £
Miss Amy Howell 447 6,916 - - 7,363
The above loan is unsecured, interest free and repayable on demand.
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