Halling Howells Ltd - Accounts to registrar (filleted) - small 23.1.2

Halling Howells Ltd - Accounts to registrar (filleted) - small 23.1.2

HALLING HOWELLS LTD - Company Information

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REGISTERED NUMBER: 06777929 (England and Wales)


Unaudited Financial Statements for the Year Ended 31 March 2023

for

Halling Howells Ltd
Halling Howells Ltd (Registered number: 06777929)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


Halling Howells Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTOR: D O Howells





REGISTERED OFFICE: 6a St Andrews Court
Wellington Street
Thame
Oxfordshire
OX9 3WT





REGISTERED NUMBER: 06777929 (England and Wales)





ACCOUNTANTS: Fizz Accounting Limited
6a St Andrews Court
Wellington Street
Thame
Oxfordshire
OX9 3WT
Page 1
Halling Howells Ltd (Registered number: 06777929)

Abridged Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,974 6,625

CURRENT ASSETS
Debtors 100,895 44,711
Investments 11,784 11,624
Cash at bank 97,600 123,620
210,279 179,955
CREDITORS
Amounts falling due within one year 58,368 47,977
NET CURRENT ASSETS 151,911 131,978
TOTAL ASSETS LESS CURRENT LIABILITIES 157,885 138,603

PROVISIONS FOR LIABILITIES 1,135 1,259
NET ASSETS 156,750 137,344

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 156,650 137,244
SHAREHOLDERS' FUNDS 156,750 137,344

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 July 2023 and were signed by:




D O Howells - Director


The notes form part of these financial statements

Page 2
Halling Howells Ltd (Registered number: 06777929)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Halling Howells Ltd 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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on cost

Government grants
Government grants are accounted for on an accruals basis, and released in the same period as the costs they relate to.

Financial instruments
Current asset investments are held at historic cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

Page 3 continued...
Halling Howells Ltd (Registered number: 06777929)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2022 31,003
Additions 2,694
Disposals (874 )
At 31 March 2023 32,823
DEPRECIATION
At 1 April 2022 24,378
Charge for year 2,762
Eliminated on disposal (291 )
At 31 March 2023 26,849
NET BOOK VALUE
At 31 March 2023 5,974
At 31 March 2022 6,625

5. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year the company made a loan to its director. After a partial repayment, £39,050 was outstanding at year end and was repaid, in full, shortly afterwards.

Page 4