Company Registration No. 10539859 (England and Wales)
A HOWARTH & SONS LTD
Unaudited accounts
for the year ended 31 January 2021
A HOWARTH & SONS LTD
Unaudited accounts
Contents
A HOWARTH & SONS LTD
Company Information
for the year ended 31 January 2021
Directors
Andrew Howarth
Daniel Howarth
Company Number
10539859 (England and Wales)
Registered Office
32 GRENVILLE AVENUE
WALTON-LE-DALE
PRESTON
PR5 4UA
ENGLAND
Accountants
My Clear Accounts Limited
39 Fieldside Avenue
Euxton
Chorley
Lancashire
PR7 6JF
A HOWARTH & SONS LTD
Statement of financial position
as at
31 January 2021
Tangible assets
11,166
5,764
Cash at bank and in hand
10,653
25,496
Creditors: amounts falling due within one year
(12,942)
(30,885)
Net current assets/(liabilities)
3,513
(2,889)
Total assets less current liabilities
14,679
2,875
Creditors: amounts falling due after more than one year
(13,094)
-
Called up share capital
2
2
Profit and loss account
1,583
2,873
Shareholders' funds
1,585
2,875
For the year ending 31 January 2021 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 July 2021 and were signed on its behalf by
Andrew Howarth
Director
Company Registration No. 10539859
A HOWARTH & SONS LTD
Notes to the Accounts
for the year ended 31 January 2021
A HOWARTH & SONS LTD is a private company, limited by shares, registered in England and Wales, registration number 10539859. The registered office is 32 GRENVILLE AVENUE, WALTON-LE-DALE, PRESTON, PR5 4UA, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight line
Motor vehicles
25% Reducing balance
Computer equipment
25% Straight line
Government grants received in the year:
£4,247 Coronavirus Job Retention Scheme
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2020
3,530
9,890
360
13,780
Additions
-
9,594
1,140
10,734
Disposals
-
(2,000)
-
(2,000)
At 31 January 2021
3,530
17,484
1,500
22,514
At 1 February 2020
2,070
5,718
228
8,016
Charge for the year
882
3,231
375
4,488
On disposals
-
(1,156)
-
(1,156)
At 31 January 2021
2,952
7,793
603
11,348
At 31 January 2021
578
9,691
897
11,166
At 31 January 2020
1,460
4,172
132
5,764
A HOWARTH & SONS LTD
Notes to the Accounts
for the year ended 31 January 2021
5
Debtors: amounts falling due within one year
2021
2020
Accrued income and prepayments
200
2,500
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
1,400
-
Trade creditors
1,052
12,512
Taxes and social security
3,805
7,685
Loans from directors
202
1,154
7
Creditors: amounts falling due after more than one year
2021
2020
Aggregate of amounts that fall due for payment after five years
1,400
-
£14,000 taken through the Government's Bounce Back Loan Scheme (BBLS) in June 2020 due to the Coronavirus outbreak. Repayments start August 2021 repayable over 5 years
8
Share capital
2021
2020
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 3 (2020: 3).