J L & D Hammond Holdings Limited 14576537 false 2023-01-06 2024-03-31 2024-03-31 The principal activity of the company is Holding Company Digita Accounts Production Advanced 6.30.9574.0 true false true 14576537 2023-01-06 2024-03-31 14576537 2024-03-31 14576537 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2024-03-31 14576537 core:CurrentFinancialInstruments 2024-03-31 14576537 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 14576537 core:Non-currentFinancialInstruments 2024-03-31 14576537 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 14576537 bus:SmallEntities 2023-01-06 2024-03-31 14576537 bus:AuditExemptWithAccountantsReport 2023-01-06 2024-03-31 14576537 bus:FilletedAccounts 2023-01-06 2024-03-31 14576537 bus:SmallCompaniesRegimeForAccounts 2023-01-06 2024-03-31 14576537 bus:RegisteredOffice 2023-01-06 2024-03-31 14576537 bus:Director1 2023-01-06 2024-03-31 14576537 bus:Director2 2023-01-06 2024-03-31 14576537 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2023-01-06 2024-03-31 14576537 bus:PrivateLimitedCompanyLtd 2023-01-06 2024-03-31 14576537 bus:Agent1 2023-01-06 2024-03-31 14576537 countries:AllCountries 2023-01-06 2024-03-31 14576537 core:CostValuation 2023-01-05 iso4217:GBP xbrli:pure xbrli:shares

Registrar

Registration number: 14576537

J L & D Hammond Holdings Limited

Unaudited Filleted Financial Statements

for the Period from 6 January 2023 to 31 March 2024

 

J L & D Hammond Holdings Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

J L & D Hammond Holdings Limited

Company Information

Directors

S J Alty

S J M Alty

Registered office

3 Warners Mill
Silks Way
Braintree
Essex
CM7 3GB

Bankers

Barclays Bank PLC
Rayleigh
Leicester
Leicestershire
LE87 2BB

Accountants

Lambert Chapman LLP
Chartered accountants
3 Warners Mill
Silks Way
Braintree
Essex
CM7 3GB

 

J L & D Hammond Holdings Limited

(Registration number: 14576537)
Balance Sheet as at 31 March 2024

Note

2024
£

Fixed assets

 

Investments

4

268,996

Current assets

 

Cash at bank and in hand

 

202

Creditors: Amounts falling due within one year

5

(20,376)

Net current liabilities

 

(20,174)

Total assets less current liabilities

 

248,822

Creditors: Amounts falling due after more than one year

5

(68,770)

Net assets

 

180,052

Capital and reserves

 

Called up share capital

6

100

Retained earnings

179,952

Shareholders' funds

 

180,052

For the financial period ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 24 July 2024 and signed on its behalf by:
 

S J M Alty
Director

 

J L & D Hammond Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 6 January 2023 to 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is: 3 Warners Mill, Silks Way, Braintree, Essex, CM7 3GB, United Kingdom.

The principal place of business is: 94 Well Lane, Galleywood, Chelmsford, Essex, CM2 8QZ.

These financial statements were authorised for issue by the Board on 24 July 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

These financial statements are presented in Sterling (£), which is the company's functional currency.

Group accounts not prepared

The company is part of a small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts.

Going concern

The financial statements have been prepared on a going concern basis.

Tax

Current Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on material temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

 

J L & D Hammond Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 6 January 2023 to 31 March 2024

Investments

Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

4

Investments

2024
£

Investments in subsidiaries

268,996

Subsidiaries

£

Cost or valuation

At 6 January 2023

268,996

Provision

Carrying amount

At 31 March 2024

268,996

 

J L & D Hammond Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 6 January 2023 to 31 March 2024

5

Creditors

Creditors: amounts falling due within one year

Note

2024
£

Due within one year

 

Loans and borrowings

7

16,926

Amounts owed to group undertakings

839

Taxation and social security

 

48

Accruals and deferred income

 

1,188

Other creditors

 

1,375

 

20,376

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £16,926.

Creditors: amounts falling due after more than one year

Note

2024
£

Due after one year

 

Loans and borrowings

7

68,770

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £68,770.

6

Share capital

Allotted, called up and fully paid shares

2024

No.

£

Ordinary of £1 each

1,300

1,300

   

7

Loans and borrowings

Current loans and borrowings

2024
£

Bank borrowings

16,926

Non-current loans and borrowings

2024
£

Bank borrowings

68,770