REGISTERED NUMBER: 16115723 (England and Wales)

Unaudited Financial Statements

for the Period 3 December 2024 to 31 January 2026

for

Howells Trading Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs N K Howells

W H Howells

REGISTERED OFFICE:

Aberdeunant

Llanerfyl

Welshpool

Powys

SY21 OER

REGISTERED NUMBER:

16115723 (England and Wales)

ACCOUNTANTS:

Morgan Griffiths LLP

Chartered Accountants

Cross Chambers

9 High Street

Newtown

Powys

SY16 2NY

FIXED ASSETS

Investments

4

2,581,196

CURRENT ASSETS

Cash at bank

14,584

CREDITORS

Amounts falling due within one year

5

256,341

NET CURRENT LIABILITIES

(241,757

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,339,439

CREDITORS

Amounts falling due after more than one year

6

2,098,114

NET ASSETS

241,325

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

241,225

241,325

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2026 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 6 July 2026 and were signed on its behalf by:

Mrs N K Howells - Director

1.	STATUTORY INFORMATION

Howells Trading Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Preparation of consolidated financial statements

The financial statements contain information about Howells Trading Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the period 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

2,581,196

At 31 January 2026

2,581,196

NET BOOK VALUE

At 31 January 2026

2,581,196

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Bank loans and overdrafts

241,666

Other creditors

14,675

256,341

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans

966,667

Amounts owed to group undertakings

350,000

Other creditors

781,447

2,098,114

7.	SECURED DEBTS

The following secured debts are included within creditors:

£

Bank loans

1,208,333

There is a fixed and floating charge over all assets of the company with HSBC Bank PLC dated 27th January 2025.

8.	RELATED PARTY DISCLOSURES

The company owes £781,446 to RM Group. No interest is being charged on this loan and no set repayment date has been agreed.

The company owes £350,000 to its subsidiary Contact Attachments Limited. No interest is being charged on this loan and there is no set repayment date.