Acorah Software Products - Accounts Production 19.4.351 false true 31 March 2025 1 April 2024 false 1 April 2025 31 March 2026 31 March 2026 10571914 Mrs Janet Howley Mr Iain Howley Mrs Janet Howley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10571914 2025-03-31 10571914 2026-03-31 10571914 2025-04-01 2026-03-31 10571914 frs-core:CurrentFinancialInstruments 2026-03-31 10571914 frs-core:FurnitureFittings 2026-03-31 10571914 frs-core:FurnitureFittings 2025-04-01 2026-03-31 10571914 frs-core:FurnitureFittings 2025-03-31 10571914 frs-core:MotorVehicles 2026-03-31 10571914 frs-core:MotorVehicles 2025-04-01 2026-03-31 10571914 frs-core:MotorVehicles 2025-03-31 10571914 frs-core:PlantMachinery 2026-03-31 10571914 frs-core:PlantMachinery 2025-04-01 2026-03-31 10571914 frs-core:PlantMachinery 2025-03-31 10571914 frs-core:WithinOneYear 2026-03-31 10571914 frs-core:ShareCapital 2026-03-31 10571914 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 10571914 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 10571914 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 10571914 frs-bus:SmallEntities 2025-04-01 2026-03-31 10571914 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 10571914 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 10571914 frs-bus:Director1 2025-04-01 2026-03-31 10571914 frs-bus:Director2 2025-04-01 2026-03-31 10571914 frs-bus:CompanySecretary1 2025-04-01 2026-03-31 10571914 frs-countries:EnglandWales 2025-04-01 2026-03-31 10571914 2024-03-31 10571914 2025-03-31 10571914 2024-04-01 2025-03-31 10571914 frs-core:CurrentFinancialInstruments 2025-03-31 10571914 frs-core:WithinOneYear 2025-03-31 10571914 frs-core:ShareCapital 2025-03-31 10571914 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31
Registered number: 10571914
Howley Energy & Water Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
mca business ltd
The American Barns
Banbury Road
Lighthorne
Warwick
CV35 0AE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10571914
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 54,807 63,536
54,807 63,536
CURRENT ASSETS
Debtors 5 25,153 52,405
Cash at bank and in hand 8,592 67,335
33,745 119,740
Creditors: Amounts Falling Due Within One Year 6 (38,898 ) (85,284 )
NET CURRENT ASSETS (LIABILITIES) (5,153 ) 34,456
TOTAL ASSETS LESS CURRENT LIABILITIES 49,654 97,992
NET ASSETS 49,654 97,992
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 49,554 97,892
SHAREHOLDERS' FUNDS 49,654 97,992
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For the year ending 31 March 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 Iain Howley
Director
07/10/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Howley Energy & Water Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10571914 . The registered office is 8 Burghley Close, Nuneaton, Warwickshire, CV11 6SJ.
The presentation currency of the financial statements is the Pound Sterling (£).
All monetary amounts are rounded to the nearest pound.
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 20% reducing balance
Motor Vehicles 10% reducing balance
Fixtures & Fittings 10% reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
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2.5. Taxation
Corporation 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 2)
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 April 2025 28,082 56,546 7,465 92,093
Additions 595 - - 595
Disposals (9,393 ) - (541 ) (9,934 )
As at 31 March 2026 19,284 56,546 6,924 82,754
Depreciation
As at 1 April 2025 19,304 5,655 3,598 28,557
Provided during the period 1,875 5,089 387 7,351
Disposals (7,739 ) - (222 ) (7,961 )
As at 31 March 2026 13,440 10,744 3,763 27,947
Net Book Value
As at 31 March 2026 5,844 45,802 3,161 54,807
As at 1 April 2025 8,778 50,891 3,867 63,536
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5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 25,005 52,270
Corporation tax recoverable assets 148 -
Directors' loan accounts - 135
25,153 52,405
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts - 17,315
Trade creditors 8,937 480
Bank loans and overdrafts 4,939 8,709
Other loans 21,594 -
Corporation tax - 35,096
Other taxes and social security - 92
VAT 2,251 23,092
Accruals and deferred income 1,100 500
Directors' loan accounts 77 -
38,898 85,284
7. Obligations Under Finance Leases and Hire Purchase
2026 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 17,315
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
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