Caseware UK (AP4) 2023.0.135 2023.0.135 2023-05-01falsefalse00trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07594629 2023-05-01 2024-04-30 07594629 2022-05-01 2023-04-30 07594629 2024-04-30 07594629 2023-04-30 07594629 c:CompanySecretary1 2023-05-01 2024-04-30 07594629 c:Director1 2023-05-01 2024-04-30 07594629 c:Director2 2023-05-01 2024-04-30 07594629 c:Director3 2023-05-01 2024-04-30 07594629 c:RegisteredOffice 2023-05-01 2024-04-30 07594629 d:CurrentFinancialInstruments 2024-04-30 07594629 d:CurrentFinancialInstruments 2023-04-30 07594629 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 07594629 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 07594629 d:ShareCapital 2024-04-30 07594629 d:ShareCapital 2023-04-30 07594629 d:RetainedEarningsAccumulatedLosses 2024-04-30 07594629 d:RetainedEarningsAccumulatedLosses 2023-04-30 07594629 c:OrdinaryShareClass1 2023-05-01 2024-04-30 07594629 c:OrdinaryShareClass1 2024-04-30 07594629 c:OrdinaryShareClass1 2023-04-30 07594629 c:FRS102 2023-05-01 2024-04-30 07594629 c:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 07594629 c:FullAccounts 2023-05-01 2024-04-30 07594629 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 07594629 2 2023-05-01 2024-04-30 07594629 e:PoundSterling 2023-05-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 07594629










Hammill Properties Limited








Unaudited

Directors' report and financial statements

For the year ended 30 April 2024

 
Hammill Properties Limited
 

Company Information


Directors
Mr F McKinnon 
Mr R McKinnon 
Mr M W Quinn 




Company secretary
Mr H Evans



Registered number
07594629



Registered office
Highland Court Farm
Bridge

Canterbury

England

CT4 5HW




Accountants
Kreston Reeves LLP
Chartered Accountants

37 St Margaret's Street

Canterbury

Kent

CT1 2TU





 
Hammill Properties Limited
 

Contents



Page
Directors' report
1
Accountants' report
2
Balance sheet
3
Notes to the financial statements
4 - 6


 
Hammill Properties Limited
 

 
Directors' report
For the year ended 30 April 2024

The directors present their report and the financial statements for the year ended 30 April 2024.

Directors' responsibilities statement

The directors are responsible for preparing the Directors' report and the financial statements in accordance with applicable law and regulations.
 
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.

 In preparing these financial statements, the directors are required to:


select suitable accounting policies for the Company's financial statements and then apply them consistently;

make judgments and accounting estimates that are reasonable and prudent;

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Principal activity

The principal activity of the company continued to be that of property development.

This report was approved by the board and signed on its behalf.
 





Mr M W Quinn
Director
Date: 31 January 2025

Page 1

 
Hammill Properties Limited
 
  
Chartered accountants' report to the board of directors on the preparation of the unaudited statutory financial statements of Hammill Properties Limited for the year ended 30 April 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Hammill Properties Limited for the year ended 30 April 2024 which comprise  the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of Hammill Properties Limited, as a body, in accordance with the terms of our engagement letter dated 26/01/2022Our work has been undertaken solely to prepare for your approval the financial statements of Hammill Properties Limited and state those matters that we have agreed to state to the Board of directors of Hammill Properties Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hammill Properties Limited and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Hammill Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Hammill Properties Limited. You consider that Hammill Properties Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Hammill Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Kreston Reeves LLP
Chartered Accountants
37 St Margaret's Street
Canterbury
Kent
CT1 2TU
31 January 2025
Page 2

 
Hammill Properties Limited
Registered number: 07594629

Balance sheet
As at 30 April 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 3 
1,054,906
502,131

Cash at bank and in hand
  
4,381
695,921

  
1,059,287
1,198,052

Creditors: amounts falling due within one year
 4 
(704,425)
(833,856)

Net current assets
  
 
 
354,862
 
 
364,196

Total assets less current liabilities
  
354,862
364,196

  

Net assets
  
354,862
364,196


Capital and reserves
  

Called up share capital 
 6 
1,000
1,000

Profit and loss account
  
353,862
363,196

  
354,862
364,196


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Mr M W Quinn
Director
Date: 31 January 2025

The notes on pages 4 to 6 form part of these financial statements.

Page 3

 
Hammill Properties Limited
 

 
Notes to the financial statements
For the year ended 30 April 2024

1.


General information

Hammill Properties Limited is a Company registered in the UK with registration number 07594629. The registered office of the Company is Highland Court Farm, Bridge, Canterbury, CT4 5HW.                                                              
The principal activity of the company for the year under review was that of property development.                                                                 
The financial statements are presented in pound Sterling, and rounded to the nearest pound.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
Hammill Properties Limited
 

 
Notes to the financial statements
For the year ended 30 April 2024

2.Accounting policies (continued)

 
2.6

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.7

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

  
2.8

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. 
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company  operates and generates income. 

Page 5

 
Hammill Properties Limited
 

 
Notes to the financial statements
For the year ended 30 April 2024

3.


Debtors

2024
2023
£
£


Other debtors
1,053,458
467,080

Prepayments and accrued income
1,448
35,051

1,054,906
502,131



4.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other loans
2,587
2,587

Trade creditors
1,838
23,520

Other creditors
-
107,749

Accruals and deferred income
700,000
700,000

704,425
833,856



5.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Other loans
2,587
2,587


2,587
2,587






6.


Share Capital

2024
2023
£
£
Allotted, called up and fully paid



1,000 (2023 - 1,000) Ordinary shares of £1.00 each
1,000
1,000



7.


Controlling party

There was considered to be no ultimate controlling party in the year due to no shareholder holding more than 50% of the company's share capital.


Page 6