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REGISTERED NUMBER: 02406057 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

FOR

HAMERTON PROPERTIES LIMITED

HAMERTON PROPERTIES LIMITED (REGISTERED NUMBER: 02406057)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31st March 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


HAMERTON PROPERTIES LIMITED

COMPANY INFORMATION
for the year ended 31st March 2024







DIRECTOR: R D Fuller





SECRETARY: A R Fuller





REGISTERED OFFICE: Priestley House
Priestley Gardens
Chadwell Heath
Romford
Essex
RM6 4SN





REGISTERED NUMBER: 02406057 (England and Wales)





ACCOUNTANTS: Chegwidden & Co
Chartered Accountants
Priestley House
Priestley Gardens
Chadwell Heath
Essex, RM6 4SN

HAMERTON PROPERTIES LIMITED (REGISTERED NUMBER: 02406057)

ABRIDGED BALANCE SHEET
31st March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 441,181 441,575

CURRENT ASSETS
Cash at bank 113 113

CREDITORS
Amounts falling due within one year 479,425 455,241
NET CURRENT LIABILITIES (479,312 ) (455,128 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(38,131

)

(13,553

)

PROVISIONS FOR LIABILITIES 5 18,084 16,024
NET LIABILITIES (56,215 ) (29,577 )

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Revaluation reserve 6 260,251 262,311
Retained earnings (317,466 ) (292,888 )
(56,215 ) (29,577 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

HAMERTON PROPERTIES LIMITED (REGISTERED NUMBER: 02406057)

ABRIDGED BALANCE SHEET - continued
31st March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 8th August 2024 and were signed by:





R D Fuller - Director


HAMERTON PROPERTIES LIMITED (REGISTERED NUMBER: 02406057)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31st March 2024

1. STATUTORY INFORMATION

Hamerton Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Depreciation is provided at the following annual rates in order to write off asset over its estimated useful life.

Fixtures & fittings - 25% reducing balance

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 2 (2023 - 2 ) .

HAMERTON PROPERTIES LIMITED (REGISTERED NUMBER: 02406057)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31st March 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST OR VALUATION
At 1st April 2023
and 31st March 2024 467,254
DEPRECIATION
At 1st April 2023 25,679
Charge for year 394
At 31st March 2024 26,073
NET BOOK VALUE
At 31st March 2024 441,181
At 31st March 2023 441,575

Cost or valuation at 31st March 2024 is represented by:

Totals
£   
Valuation in 2023 278,335
Cost 188,919
467,254

5. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 18,084 16,024

Deferred
tax
£   
Balance at 1st April 2023 16,024
Provided during year 2,060
Balance at 31st March 2024 18,084

6. RESERVES
Revaluation
reserve
£   
At 1st April 2023 262,311
Revaluation (2,060 )

At 31st March 2024 260,251