REGISTERED NUMBER: 04772150 (England and Wales)

Howton Contractors Limited

Unaudited Financial Statements

for the Year Ended 31 March 2026

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

M J Moss

Mrs J J Moss

SECRETARY:

Mrs J J Moss

REGISTERED OFFICE:

Howton Farm

Pillaton

SALTASH

Cornwall

PL12 6QY

REGISTERED NUMBER:

04772150 (England and Wales)

ACCOUNTANTS:

ATC Advisors

Chartered Accountants

Unit 2 Dunheved Court

Pennygillam Way

LAUNCESTON

Cornwall

PL15 7ED

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

2,988,480

2,997,197

Investments

6

65

65

2,988,545

2,997,262

CURRENT ASSETS

Stocks

227,490

198,163

Debtors

7

224,053

184,362

Cash at bank

70,499

336,501

522,042

719,026

CREDITORS

Amounts falling due within one year

8

237,582

580,256

NET CURRENT ASSETS

284,460

138,770

TOTAL ASSETS LESS CURRENT LIABILITIES

3,273,005

3,136,032

CREDITORS

Amounts falling due after more than one year

9

(194,191

)

(195,607

)

PROVISIONS FOR LIABILITIES

(152,941

)

(154,712

)

NET ASSETS

2,925,873

2,785,713

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

2,924,873

2,784,713

SHAREHOLDERS' FUNDS

2,925,873

2,785,713

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 10 October 2026 and were signed on its behalf by:

M J Moss - Director

1.	STATUTORY INFORMATION

Howton Contractors 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.

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.

Turnover

Is the amount derived from ordinary activities,and stated after trade discounts, other sales taxes and net of VAT.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Land and buildings

-

4% on cost

Plant and machinery etc

-

25% on reducing balance and 20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - 1 ).

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

45,000

AMORTISATION

At 1 April 2025

and 31 March 2026

45,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

property

Buildings

machinery

£

£

£

COST

At 1 April 2025

2,341,543

40,741

1,017,971

Additions

-

-

289,646

Disposals

-

-

(292,650

)

At 31 March 2026

2,341,543

40,741

1,014,967

DEPRECIATION

At 1 April 2025

-

3,933

694,251

Charge for year

-

1,630

96,514

Eliminated on disposal

-

-

(169,575

)

Transfer to ownership

-

-

68,091

At 31 March 2026

-

5,563

689,281

NET BOOK VALUE

At 31 March 2026

2,341,543

35,178

325,686

At 31 March 2025

2,341,543

36,808

323,720

Motor

Computer

Tractors

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

423,470

42,486

5,409

3,871,620

Additions

-

-

-

289,646

Disposals

-

(6,600

)

-

(299,250

)

At 31 March 2026

423,470

35,886

5,409

3,862,016

DEPRECIATION

At 1 April 2025

160,329

12,071

3,839

874,423

Charge for year

65,785

10,841

424

175,194

Eliminated on disposal

-

(6,506

)

-

(176,081

)

Transfer to ownership

(68,091

)

-

-

-

At 31 March 2026

158,023

16,406

4,263

873,536

NET BOOK VALUE

At 31 March 2026

265,447

19,480

1,146

2,988,480

At 31 March 2025

263,141

30,415

1,570

2,997,197

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

Tractors

vehicles

Totals

£

£

£

£

COST

At 1 April 2025

309,250

301,900

18,750

629,900

Additions

285,000

-

-

285,000

Disposals

(292,650

)

-

-

(292,650

)

Transfer to ownership

-

(147,950

)

-

(147,950

)

At 31 March 2026

301,600

153,950

18,750

474,300

DEPRECIATION

At 1 April 2025

152,962

84,013

2,337

239,312

Charge for year

57,059

34,507

4,104

95,670

Eliminated on disposal

(169,575

)

-

-

(169,575

)

Transfer to ownership

-

(68,091

)

-

(68,091

)

At 31 March 2026

40,446

50,429

6,441

97,316

NET BOOK VALUE

At 31 March 2026

261,154

103,521

12,309

376,984

At 31 March 2025

156,288

217,887

16,413

390,588

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2025

and 31 March 2026

65

NET BOOK VALUE

At 31 March 2026

65

At 31 March 2025

65

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

196,707

140,720

Other debtors

27,346

43,642

224,053

184,362

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts (see note 10)

53,436

58,716

Trade creditors

72,587

63,989

Taxation and social security

47,917

27,264

Other creditors

63,642

430,287

237,582

580,256

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts (see note 10)

194,191

195,607

10.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2026

2025

£

£

Net obligations repayable:

Within one year

53,436

58,716

Between one and five years

194,191

195,607

247,627

254,323

Non-cancellable

operating leases

2026

2025

£

£

Within one year

29,789

30,507

11.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Hire purchase contracts

247,627

254,323

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the director and shareholder MJ Moss.