2023-01-012023-12-312023-12-31false08812623HEMMO & CO LTD2024-09-10iso4217:GBPxbrli:pure088126232023-01-01088126232023-12-31088126232023-01-012023-12-31088126232022-01-01088126232022-12-31088126232022-01-012022-12-3108812623bus:SmallEntities2023-01-012023-12-3108812623bus:AuditExempt-NoAccountantsReport2023-01-012023-12-3108812623bus:FullAccounts2023-01-012023-12-3108812623bus:PrivateLimitedCompanyLtd2023-01-012023-12-3108812623core:WithinOneYear2023-12-3108812623core:AfterOneYear2023-12-3108812623core:WithinOneYear2022-12-3108812623core:AfterOneYear2022-12-3108812623core:ShareCapital2023-12-3108812623core:SharePremium2023-12-3108812623core:RevaluationReserve2023-12-3108812623core:OtherReservesSubtotal2023-12-3108812623core:RetainedEarningsAccumulatedLosses2023-12-3108812623core:ShareCapital2022-12-3108812623core:SharePremium2022-12-3108812623core:RevaluationReserve2022-12-3108812623core:OtherReservesSubtotal2022-12-3108812623core:RetainedEarningsAccumulatedLosses2022-12-3108812623core:LandBuildings2023-12-3108812623core:PlantMachinery2023-12-3108812623core:Vehicles2023-12-3108812623core:FurnitureFittings2023-12-3108812623core:OfficeEquipment2023-12-3108812623core:NetGoodwill2023-12-3108812623core:IntangibleAssetsOtherThanGoodwill2023-12-3108812623core:ListedExchangeTraded2023-12-3108812623core:UnlistedNon-exchangeTraded2023-12-3108812623core:LandBuildings2022-12-3108812623core:PlantMachinery2022-12-3108812623core:Vehicles2022-12-3108812623core:FurnitureFittings2022-12-3108812623core:OfficeEquipment2022-12-3108812623core:NetGoodwill2022-12-3108812623core:IntangibleAssetsOtherThanGoodwill2022-12-3108812623core:ListedExchangeTraded2022-12-3108812623core:UnlistedNon-exchangeTraded2022-12-3108812623core:LandBuildings2023-01-012023-12-3108812623core:PlantMachinery2023-01-012023-12-3108812623core:Vehicles2023-01-012023-12-3108812623core:FurnitureFittings2023-01-012023-12-3108812623core:OfficeEquipment2023-01-012023-12-3108812623core:NetGoodwill2023-01-012023-12-3108812623core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3108812623core:ListedExchangeTraded2023-01-012023-12-3108812623core:UnlistedNon-exchangeTraded2023-01-012023-12-3108812623core:MoreThanFiveYears2023-01-012023-12-3108812623core:Non-currentFinancialInstruments2023-12-3108812623core:Non-currentFinancialInstruments2022-12-3108812623dpl:CostSales2023-01-012023-12-3108812623dpl:DistributionCosts2023-01-012023-12-3108812623core:LandBuildings2023-01-012023-12-3108812623core:PlantMachinery2023-01-012023-12-3108812623core:Vehicles2023-01-012023-12-3108812623core:FurnitureFittings2023-01-012023-12-3108812623core:OfficeEquipment2023-01-012023-12-3108812623dpl:AdministrativeExpenses2023-01-012023-12-3108812623core:NetGoodwill2023-01-012023-12-3108812623core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3108812623dpl:GroupUndertakings2023-01-012023-12-3108812623dpl:ParticipatingInterests2023-01-012023-12-3108812623dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-3108812623core:ListedExchangeTraded2023-01-012023-12-3108812623dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-3108812623core:UnlistedNon-exchangeTraded2023-01-012023-12-3108812623dpl:CostSales2022-01-012022-12-3108812623dpl:DistributionCosts2022-01-012022-12-3108812623core:LandBuildings2022-01-012022-12-3108812623core:PlantMachinery2022-01-012022-12-3108812623core:Vehicles2022-01-012022-12-3108812623core:FurnitureFittings2022-01-012022-12-3108812623core:OfficeEquipment2022-01-012022-12-3108812623dpl:AdministrativeExpenses2022-01-012022-12-3108812623core:NetGoodwill2022-01-012022-12-3108812623core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3108812623dpl:GroupUndertakings2022-01-012022-12-3108812623dpl:ParticipatingInterests2022-01-012022-12-3108812623dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-012022-12-3108812623core:ListedExchangeTraded2022-01-012022-12-3108812623dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-012022-12-3108812623core:UnlistedNon-exchangeTraded2022-01-012022-12-3108812623core:NetGoodwill2023-12-3108812623core:IntangibleAssetsOtherThanGoodwill2023-12-3108812623core:LandBuildings2023-12-3108812623core:PlantMachinery2023-12-3108812623core:Vehicles2023-12-3108812623core:FurnitureFittings2023-12-3108812623core:OfficeEquipment2023-12-3108812623core:AfterOneYear2023-12-3108812623core:WithinOneYear2023-12-3108812623core:ListedExchangeTraded2023-12-3108812623core:UnlistedNon-exchangeTraded2023-12-3108812623core:ShareCapital2023-12-3108812623core:SharePremium2023-12-3108812623core:RevaluationReserve2023-12-3108812623core:OtherReservesSubtotal2023-12-3108812623core:RetainedEarningsAccumulatedLosses2023-12-3108812623core:NetGoodwill2022-12-3108812623core:IntangibleAssetsOtherThanGoodwill2022-12-3108812623core:LandBuildings2022-12-3108812623core:PlantMachinery2022-12-3108812623core:Vehicles2022-12-3108812623core:FurnitureFittings2022-12-3108812623core:OfficeEquipment2022-12-3108812623core:AfterOneYear2022-12-3108812623core:WithinOneYear2022-12-3108812623core:ListedExchange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HEMMO & CO LTD

Registered Number
08812623
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2023

HEMMO & CO LTD
Company Information
for the year from 1 January 2023 to 31 December 2023

Directors

HEMMING, Brian
HEMMING, Nicola Jane

Registered Address

The Old School House The Old School House
Ch7 5sn
Llanferres
CH7 5SN

Registered Number

08812623 (England and Wales)
HEMMO & CO LTD
Balance Sheet as at
31 December 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets3255,022171,883
255,022171,883
Current assets
Stocks4423,269381,032
Debtors530,641335,404
Cash at bank and on hand109,82453,052
1,063,734769,488
Creditors amounts falling due within one year5(692,436)(445,750)
Net current assets (liabilities)371,298323,738
Total assets less current liabilities626,320495,621
Creditors amounts falling due after one year6(240,378)(169,189)
Accruals and deferred income(2,500)(14,246)
Net assets383,442312,186
Capital and reserves
Profit and loss account383,442312,186
Shareholders' funds383,442312,186
The financial statements were approved and authorised for issue by the Board of Directors on 10 September 2024, and are signed on its behalf by:
HEMMING, Brian
Director
Registered Company No. 08812623
HEMMO & CO LTD
Notes to the Financial Statements
for the year ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Land and buildings5
Plant and machinery7
Fixtures and fittings7
Vehicles7
Office Equipment7
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
Stocks and work in progress
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20232022
Average number of employees during the year98
3.Tangible fixed assets

Land & buildings

Plant & machinery

Vehicles

Fixtures & fittings

Office Equipment

Total

££££££
Cost or valuation
At 01 January 2340,10112,703147,8267549,593210,977
Additions42,261176141,737-10,198194,372
Disposals--(65,593)--(65,593)
At 31 December 2382,36212,879223,97075419,791339,756
Depreciation and impairment
At 01 January 238,0205,37917,7727547,16939,094
Charge for year16,4721,93233,596-3,43455,434
On disposals--(9,794)--(9,794)
At 31 December 2324,4927,31141,57475410,60384,734
Net book value
At 31 December 2357,8705,568182,396-9,188255,022
At 31 December 2232,0817,324130,054-2,424171,883
4.Stocks

2023

2022

££
Finished goods423,269381,032
Total423,269381,032
5.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables400,239301,880
Bank borrowings and overdrafts163,86334,938
Taxation and social security91,09447,755
Finance lease and HP contracts2,61738,473
Dividends payable-6,000
Other creditors34,62316,704
Total692,436445,750
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
6.Creditors: amounts due after one year

2023

2022

££
Bank borrowings and overdrafts116,72985,732
Other creditors123,64983,457
Total240,378169,189
7.Obligations under finance leases

2023

2022

££
Finance lease and HP contracts123,64983,457