Howling Wolf Ltd - Accounts

Howling Wolf Ltd - Accounts

HOWLING WOLF LTD - Company Information

Print Friendly Version

2021-12-01 2022-11-30 false Capium Accounts Production 1.1 07838475 bus:AbridgedAccounts 2021-12-01 2022-11-30 07838475 bus:FRS102 2021-12-01 2022-11-30 07838475 bus:AuditExemptWithAccountantsReport 2021-12-01 2022-11-30 07838475 bus:SmallCompaniesRegimeForAccounts 2021-12-01 2022-11-30 07838475 bus:PrivateLimitedCompanyLtd 2021-12-01 2022-11-30 07838475 2021-12-01 2022-11-30 07838475 2022-11-30 07838475 bus:RegisteredOffice 2021-12-01 2022-11-30 07838475 core:WithinOneYear 2022-11-30 07838475 core:AfterOneYear 2022-11-30 07838475 bus:Director1 2021-12-01 2022-11-30 07838475 bus:Director1 2022-11-30 07838475 bus:Director1 2020-12-01 2021-11-30 07838475 bus:Director2 2021-12-01 2022-11-30 07838475 bus:Director2 2022-11-30 07838475 bus:Director2 2020-12-01 2021-11-30 07838475 2020-12-01 07838475 bus:CompanySecretary1 2021-12-01 2022-11-30 07838475 bus:LeadAgentIfApplicable 2021-12-01 2022-11-30 07838475 2020-12-01 2021-11-30 07838475 2021-11-30 07838475 core:WithinOneYear 2021-11-30 07838475 core:AfterOneYear 2021-11-30 07838475 bus:EntityAccountantsOrAuditors 2020-12-01 2021-11-30 07838475 bus:OrdinaryShareClass1 2021-12-01 2022-11-30 07838475 bus:OrdinaryShareClass1 2022-11-30 07838475 bus:OrdinaryShareClass1 2020-12-01 2021-11-30 07838475 bus:OrdinaryShareClass1 2021-11-30 07838475 core:ComputerEquipment 2021-12-01 2022-11-30 07838475 core:ComputerEquipment 2022-11-30 07838475 core:ComputerEquipment 2021-11-30 07838475 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-11-30 07838475 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2021-11-30 07838475 core:CostValuation core:Non-currentFinancialInstruments 2022-11-30 07838475 core:CostValuation core:Non-currentFinancialInstruments 2021-11-30 07838475 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2022-11-30 07838475 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2022-11-30 07838475 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2022-11-30 07838475 core:Non-currentFinancialInstruments 2022-11-30 07838475 core:Non-currentFinancialInstruments 2021-11-30 07838475 core:ShareCapital 2022-11-30 07838475 core:ShareCapital 2021-11-30 07838475 core:RetainedEarningsAccumulatedLosses 2022-11-30 07838475 core:RetainedEarningsAccumulatedLosses 2021-11-30 07838475 dpl:Item1 2021-12-01 07838475 dpl:Item1 2022-11-30 07838475 dpl:Item1 2020-12-01 07838475 dpl:Item1 2021-11-30 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 07838475
England and Wales

 

 

 


Abridged Accounts

for the year ended 30 November 2022

for

HOWLING WOLF LTD

Howling Wolf Ltd
Contents Page
For the year ended 30 November 2022
Chartered Accountant's report to the board of directors on the preparation of the unaudited statutory accounts of Howling Wolf Ltd for the year ended 30 November 2022.


In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Howling Wolf Ltd for the year ended 30 November 2022 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the companys accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Howling Wolf Ltd, as a body, in accordance with the terms of our engagement letter dated 14th July 2016. Our work has been undertaken solely to prepare for your approval the financial statements of Howling Wolf Ltd and state those matters that we have agreed to state to the Board of Directors of Howling Wolf Ltd, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Howling Wolf Ltd and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that Howling Wolf Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Howling Wolf Ltd. You consider that Howling Wolf Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Howling Wolf Ltd. 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 statutory financial statements.



....................................................
KWSR & CO LTD
136 Merton High Street
London
SW19 1BA
17 March 2023
1
 
 		 Notes
 		 2022
£		   2021
£
Fixed assets      
Tangible fixed assets 3,909    5,321 
3,909    5,321 
Current assets      
Debtors: amounts falling due within one year 13,618    19,605 
Cash at bank and in hand 4,505    - 
18,123    19,605 
Creditors: amount falling due within one year (21,686)   (24,825)
Net current liabilities (3,563)   (5,220)
 
Total assets less current liabilities 346    101 
Net assets 346    101 
 

Capital and reserves 		     
Called up share capital 2    2 
Profit and loss account 344    99 
Shareholder's funds 346    101 
 


For the year ended 30 November 2022 the company was entitled to exemption from audit under section 477 of the companies act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the companies act 2006 with respect to accounting records and the preparation of accounts.
These financial statements 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 Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 17 March 2023 and were signed on its behalf by:


--------------------------------
Adam Francis De Wolff
Director
2
General Information
Howling Wolf Ltd is a private company, limited by shares, registered in England and Wales, registration number 07838475, registration address 22 Pinfold Road, Streatham, London, SW16 2SN.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment 5 years on Straight Line
2.

Average number of employees

Average number of employees during the year was 1 (2021 : 1).
3.

Tangible fixed assets

Cost or valuation Computer Equipment   Total
  £   £
At 01 December 2021 7,059    7,059 
Additions -    - 
Disposals -    - 
At 30 November 2022 7,059    7,059 
Depreciation
At 01 December 2021 1,738    1,738 
Charge for year 1,412    1,412 
On disposals -    - 
At 30 November 2022 3,150    3,150 
Net book values
Closing balance as at 30 November 2022 3,909    3,909 
Opening balance as at 01 December 2021 5,321    5,321 


4.

Share Capital

Allotted, called up and fully paid
2022
£		   2021
£
2 Ordinary shares of £1.00 each 2    2 
2    2 

5.

Director’s loan

Director's Current Account

At the end of the year, the director owed £10,182 (2021: £14,796) to the Company. Interest of £248 @ 2.5% p.a. has been charged on overdrawn balance for the year.
3