HOWELL GROUP LIMITED

HOWELL GROUP LIMITED

THE HAULAGE GROUP LTD - Company Information

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HOWELL GROUP LIMITED

Company Registration Number:
04896945 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2017

Period of accounts

Start date: 01 June 2016

End date: 31 May 2017

HOWELL GROUP LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2017

Balance sheet
Notes

HOWELL GROUP LIMITED

Balance sheet

As at 31 May 2017


Notes
2017
2016


£
£
Fixed assets
Tangible assets: 3 1,955,869 1,575,641
Total fixed assets: 1,955,869 1,575,641
Current assets
Stocks: 163,100 163,250
Debtors: 4 1,482,672 1,814,124
Cash at bank and in hand: 161,266 345,883
Total current assets: 1,807,038 2,323,257
Creditors: amounts falling due within one year: 5 (800,631) (1,151,621)
Net current assets (liabilities): 1,006,407 1,171,636
Total assets less current liabilities: 2,962,276 2,747,277
Creditors: amounts falling due after more than one year: 6 (1,261,655) (1,065,139)
Provision for liabilities: (43,500) (60,000)
Total net assets (liabilities): 1,657,121 1,622,138
Capital and reserves
Called up share capital: 640 640
Revaluation reserve:7772,525781,508
Profit and loss account: 883,956 839,990
Shareholders funds: 1,657,121 1,622,138

The notes form part of these financial statements

HOWELL GROUP LIMITED

Balance sheet statements

For the year ending 31 May 2017 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 26 February 2018
and signed on behalf of the board by:

Name: G.Johnston
Status: Director

The notes form part of these financial statements

HOWELL GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

HOWELL GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2017

2. Employees

2017 2016
Average number of employees during the period 10 10

HOWELL GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2017

3. Tangible Assets

Total
Cost £
At 01 June 2016 1,883,827
Additions 805,615
Disposals (425,500)
At 31 May 2017 2,263,942
Depreciation
At 01 June 2016 308,186
Charge for year 147,807
On disposals (147,920)
At 31 May 2017 308,073
Net book value
At 31 May 2017 1,955,869
At 31 May 2016 1,575,641

HOWELL GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2017

4. Debtors

2017 2016
££
Debtors due after more than one year: 820,190 820,190

HOWELL GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2017

5. Creditors: amounts falling due within one year note

800631

HOWELL GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2017

6. Creditors: amounts falling due after more than one year note

1065139

HOWELL GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2017

7. Revaluation reserve

2017
£
Balance at 01 June 2016 781,508
Surplus or deficit after revaluation (8,983)
Balance at 31 May 2017 772,525

HOWELL GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2017

8. Loans to directors

Name of director receiving advance or credit: G.JOHNSTON
Description of the loan: directors loan
£
Balance at 01 June 2016 144,802
Advances or credits repaid: 119,854
Balance at 31 May 2017 24,948