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Company Registration No. 11955617 (England and Wales)
Hamilton Collins Limited Unaudited accounts for the year ended 30 April 2024
Hamilton Collins Limited Unaudited accounts Contents
Page
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Hamilton Collins Limited Company Information for the year ended 30 April 2024
Directors
P Hamilton RA Collins
Company Number
11955617 (England and Wales)
Registered Office
Suite E, Canal Wharf, Eshton Road Gargrave Skipton BD23 3SE
Accountants
Pearson & Associates Suite E, Canal Wharf Eshton Road Gargrave, Skipton North Yorkshire BD23 3SE
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Hamilton Collins Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,166,577 
1,179,561 
Current assets
Debtors
22,000 
147,127 
Cash at bank and in hand
7,183 
24,107 
29,183 
171,234 
Creditors: amounts falling due within one year
(473,842)
(493,453)
Net current liabilities
(444,659)
(322,219)
Total assets less current liabilities
721,918 
857,342 
Creditors: amounts falling due after more than one year
(567,780)
(730,729)
Net assets
154,138 
126,613 
Capital and reserves
Share premium
2 
2 
Profit and loss account
154,136 
126,611 
Shareholders' funds
154,138 
126,613 
For the year ending 30 April 2024 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 25 September 2024 and were signed on its behalf by
P Hamilton Director Company Registration No. 11955617
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Hamilton Collins Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Hamilton Collins Limited is a private company, limited by shares, registered in England and Wales, registration number 11955617. The registered office is Suite E, Canal Wharf, Eshton Road, Gargrave, Skipton, BD23 3SE.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Land & buildings
5% on Cost
Motor vehicles
25% Reducing Balance
Fixtures & fittings
10% on Cost
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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Hamilton Collins Limited Notes to the Accounts for the year ended 30 April 2024
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2023
1,107,373 
7,728 
106,268 
1,221,369 
At 30 April 2024
1,107,373 
7,728 
106,268 
1,221,369 
Depreciation
At 1 May 2023
4,494 
4,286 
33,028 
41,808 
Charge for the year
1,497 
861 
10,626 
12,984 
At 30 April 2024
5,991 
5,147 
43,654 
54,792 
Net book value
At 30 April 2024
1,101,382 
2,581 
62,614 
1,166,577 
At 30 April 2023
1,102,879 
3,442 
73,240 
1,179,561 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
22,000 
11,000 
Other debtors
- 
136,127 
22,000 
147,127 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
14,938 
18,422 
Loans from directors
458,904 
475,031 
473,842 
493,453 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
565,780 
728,729 
Other creditors
2,000 
2,000 
567,780 
730,729 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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