Company Registration No. 11339953 (England and Wales)
Howlett Machine Tool Services Limited
Unaudited accounts
for the year ended 30 April 2026
Howlett Machine Tool Services Limited
Statement of financial position
as at 30 April 2026
Tangible assets
1,738
3,308
Cash at bank and in hand
6,596
17,493
Creditors: amounts falling due within one year
(37,072)
(27,573)
Net current assets
7,815
13,200
Total assets less current liabilities
9,553
16,508
Creditors: amounts falling due after more than one year
(6,081)
(8,054)
Provisions for liabilities
Called up share capital
5
5
Profit and loss account
3,136
7,820
Shareholders' funds
3,141
7,825
For the year ending 30 April 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 August 2026 and were signed on its behalf by
Ian Howlett
Director
Company Registration No. 11339953
Howlett Machine Tool Services Limited
Notes to the Accounts
for the year ended 30 April 2026
Howlett Machine Tool Services Limited is a private company, limited by shares, registered in England and Wales, registration number 11339953. The registered office is 15 BARTON MEADOW, WELFORD ON AVON, STRATFORD-UPON-AVON, WARWICKSHIRE, CV37 8DU, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% on a straight line basis
Fixtures & fittings
5 Years on a straight line basis
Computer equipment
3 Years on a straight line basis
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Howlett Machine Tool Services Limited
Notes to the Accounts
for the year ended 30 April 2026
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2025
1,499
4,246
5,745
At 30 April 2026
1,499
4,246
5,745
At 1 May 2025
25
2,412
2,437
Charge for the year
300
1,270
1,570
At 30 April 2026
325
3,682
4,007
At 30 April 2026
1,174
564
1,738
At 30 April 2025
1,474
1,834
3,308
Amounts falling due within one year
Trade debtors
36,291
20,780
6
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
1,972
1,972
Trade creditors
9,884
2,036
Taxes and social security
18,163
17,729
Other creditors
3,461
2,291
Loans from directors
102
-
7
Creditors: amounts falling due after more than one year
2026
2025
Howlett Machine Tool Services Limited
Notes to the Accounts
for the year ended 30 April 2026
8
Deferred taxation
2026
2025
Accelerated capital allowances
331
629
Provision at start of year
629
617
(Credited)/charged to the profit and loss account
(298)
12
Provision at end of year
331
629
Allotted, called up and fully paid:
5 Ordinary shares of £1 each
5
5
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
As at 30 April 2026, the outstanding balance was £102. The loan is at 3.75% interest.
11
Average number of employees
During the year the average number of employees was 2 (2025: 2).