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REGISTERED NUMBER: 04082620



Hammersmith Property Co Limited

Financial Statements for the Year Ended 31 March 2023






Hammersmith Property Co Limited (Registered number: 04082620)

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










Page

Company Information 1

Statement of Financial Position 2 to 3

Notes to the Financial Statements 4 to 6


Hammersmith Property Co Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Mr M Mckeever





REGISTERED OFFICE: 1 Beauchamp Court
10 Victors Way
Barnet
Hertfordshire
EN5 5TZ





REGISTERED NUMBER: 04082620





ACCOUNTANTS: BBK Partnership
Chartered Accountants
& Statutory Auditors
1 Beauchamp Court
10 Victors Way
Barnet
Hertfordshire
EN5 5TZ

Hammersmith Property Co Limited (Registered number: 04082620)

Statement of Financial Position
31 March 2023

31.3.23 31.3.22
Notes £    £   
FIXED ASSETS
Investment property 4 291,058 291,058

CURRENT ASSETS
Debtors 5 24,265 24,264
Cash at bank 72,547 55,991
96,812 80,255
CREDITORS
Amounts falling due within one year 6 (162,164 ) (41,263 )
NET CURRENT (LIABILITIES)/ASSETS (65,352 ) 38,992
TOTAL ASSETS LESS CURRENT
LIABILITIES

225,706

330,050

CREDITORS
Amounts falling due after more than one year 7 (14,250 ) (155,434 )
NET ASSETS 211,456 174,616

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 10 211,454 174,614
SHAREHOLDERS' FUNDS 211,456 174,616

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 her 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.

Hammersmith Property Co Limited (Registered number: 04082620)

Statement of Financial Position - continued
31 March 2023


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 director and authorised for issue on 6 December 2023 and were signed by:





Mr M Mckeever - Director


Hammersmith Property Co Limited (Registered number: 04082620)

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


1. STATUTORY INFORMATION

Hammersmith Property Co Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

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

Hammersmith Property Co Limited (Registered number: 04082620)

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


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022
and 31 March 2023 291,058
NET BOOK VALUE
At 31 March 2023 291,058
At 31 March 2022 291,058

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other debtors 24,265 24,264

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts (see note 8) 145,571 30,865
Tax 13,333 7,388
Accrued expenses 3,260 3,010
162,164 41,263

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Bank loans (see note 8) 14,250 155,434

8. LOANS

An analysis of the maturity of loans is given below:

31.3.23 31.3.22
£    £   
Amounts falling due within one year or on demand:
Bank loans 149,563 30,865
Loan interest (3,992 ) -
145,571 30,865

Hammersmith Property Co Limited (Registered number: 04082620)

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


8. LOANS - continued
31.3.23 31.3.22
£    £   
Amounts falling due between two and five years:
Bank loans - 2-5 years - 149,563
Loan Interest - (12,879 )
Bounce Back Loan 14,250 18,750
14,250 155,434

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
2 Ordinary £1 2 2

10. RESERVES
Retained
earnings
£   

At 1 April 2022 174,614
Profit for the year 56,840
Dividends (20,000 )
At 31 March 2023 211,454