Howard Engineering Developments Limited

	Page
Accountants' Report	1
Balance Sheet	2—3
Statement of Changes in Equity	4
Notes to the Financial Statements	5—7

Chartered Accountants' report to the directors on the preparation of the unaudited statutory accounts of Howard Engineering Developments Limited for the year ended 28 February 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Howard Engineering Developments Limited for the year ended 28 February 2026 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the directors of Howard Engineering Developments Limited , as a body, in accordance with the terms of our engagement letter dated 19 February 2019. Our work has been undertaken solely to prepare for your approval the accounts of Howard Engineering Developments Limited and state those matters that we have agreed to state to the directors of Howard Engineering Developments Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Howard Engineering Developments Limited and its directors, as a body, for our work or for this report.

It is your duty to ensure that Howard Engineering Developments Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Howard Engineering Developments Limited . You consider that Howard Engineering Developments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of Howard Engineering Developments Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

23rd July 2026

Brindley Goldstein Limited

103 High Street

Waltham Cross

EN8 7AN

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Howard Engineering Developments Limited

Balance Sheet

As At 28 February 2026

Balance Sheet

Registered number: 11834420

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		74,102		38,538

			74,102		38,538
CURRENT ASSETS
Stocks	5	16,500		7,400
Debtors	6	18,481		3,099
Cash at bank and in hand		29,341		43,578

		64,322		54,077
Creditors: Amounts Falling Due Within One Year	7	(21,185 )		(13,980 )

NET CURRENT ASSETS (LIABILITIES)			43,137		40,097

TOTAL ASSETS LESS CURRENT LIABILITIES			117,239		78,635

NET ASSETS			117,239		78,635

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			117,139		78,535

SHAREHOLDERS' FUNDS			117,239		78,635

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Howard Engineering Developments Limited

Balance Sheet (continued)

As At 28 February 2026

For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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

Mr Timothy Howard

Director

23rd July 2026

The notes on pages 5 to 7 form part of these financial statements.

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Howard Engineering Developments Limited

Statement of Changes in Equity

For The Year Ended 28 February 2026

Statement of Changes in Equity

	Share Capital	Profit and Loss Account	Total
	£	£	£
As at 29 February 2024	100	48,788	48,888
Profit for the year and total comprehensive income	-	29,747	29,747

As at 28 February 2025 and 1 March 2025	100	78,535	78,635


Profit for the year and total comprehensive income	-	38,604	38,604

As at 28 February 2026	100	117,139	117,239

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Howard Engineering Developments Limited

Notes to the Financial Statements

For The Year Ended 28 February 2026

Notes to the Financial Statements

1. General Information

Howard Engineering Developments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11834420 . The registered office is 103 High Street, Waltham Cross, EN8 7AN.

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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

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. 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	10% straight line
Motor Vehicles	20% straight line
Computer Equipment	33 1/3% straight line

2.4. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. 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.

...CONTINUED

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Howard Engineering Developments Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

2.5. Taxation - continued

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2025: 1)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 March 2025	19,031	44,590	705	64,326
Additions	-	44,879	1,010	45,889

As at 28 February 2026	19,031	89,469	1,715	110,215

Depreciation
As at 1 March 2025	11,418	14,311	59	25,788
Provided during the period	1,903	8,131	291	10,325

As at 28 February 2026	13,321	22,442	350	36,113

Net Book Value
As at 28 February 2026	5,710	67,027	1,365	74,102

As at 1 March 2025	7,613	30,279	646	38,538

5. Stocks

	2026	2025
	£	£
Stock	16,500	7,400

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	7,165	641
VAT	11,316	2,458

	18,481	3,099

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Howard Engineering Developments Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Corporation tax	863	3,148
Other taxes and social security	490	-
Other creditors	-	3,372
Directors' loan accounts	19,832	7,460

	21,185	13,980

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

9. Related Party Transactions

The company was under the control of Mr.T.Howard and Mrs L.Howard throughout the current year. Mr.T.Howard and Mrs L.Howard are both personally interested in 50% of the company's issued share capital.

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