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REGISTERED NUMBER: 10802748 (England and Wales)

















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

HAMER PROPERTY INVESTMENTS LIMITED

HAMER PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 10802748)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HAMER PROPERTY INVESTMENTS LIMITED

COMPANY INFORMATION
for the Year Ended 30 June 2024







DIRECTORS: T J Hamer
Mrs J L Hamer





REGISTERED OFFICE: 161 Adel Lane
Leeds
West Yorkshire
LS16 8BY





REGISTERED NUMBER: 10802748 (England and Wales)





ACCOUNTANTS: Cresswells
12 Market Street
Hebden Bridge
West Yorkshire
HX7 6AD

HAMER PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 10802748)

BALANCE SHEET
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1 1
Investment property 5 252,400 252,000
252,401 252,001

CURRENT ASSETS
Debtors 6 723 295
Cash at bank 2,887 1,454
3,610 1,749
CREDITORS
Amounts falling due within one year 7 31,351 34,022
NET CURRENT LIABILITIES (27,741 ) (32,273 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

224,660

219,728

CREDITORS
Amounts falling due after more than
one year

8

261,100

261,000
NET LIABILITIES (36,440 ) (41,272 )

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 9 9,783 9,783
Retained earnings (46,323 ) (51,155 )
SHAREHOLDERS' FUNDS (36,440 ) (41,272 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

HAMER PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 10802748)

BALANCE SHEET - continued
30 June 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 March 2025 and were signed on its behalf by:





T J Hamer - Director


HAMER PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 10802748)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Hamer Property Investments 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.

The balance sheet shows that liabilities exceed assets, resulting in a deficit of £36,440 (2023 - £41,272). The directors have confirmed their support, and have indicated that they will not withdraw their support for a period of at least twelve months from the date of approval of the financial statements The financial statements have therefore been prepared on a going concern basis.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - over 3 years

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 ) .

HAMER PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 10802748)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 July 2023
and 30 June 2024 750
DEPRECIATION
At 1 July 2023
and 30 June 2024 749
NET BOOK VALUE
At 30 June 2024 1
At 30 June 2023 1

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023 252,000
Additions 400
At 30 June 2024 252,400
NET BOOK VALUE
At 30 June 2024 252,400
At 30 June 2023 252,000

Fair value at 30 June 2024 is represented by:
£   
Valuation in 2021 15,935
Valuation in 2022 (12,930 )
Valuation in 2023 6,778
Cost 242,617
252,400

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 242,617 242,217

Investment property was valued on an open market basis on 30 June 2023 by directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Prepayments and accrued income 723 295

HAMER PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 10802748)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 960 2,000
Other creditors 5,248 5,248
Directors' current accounts 22,082 23,285
Accrued expenses 3,061 3,489
31,351 34,022

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 960 2,000
Bank loans - 2-5 years 3,140 2,000
Directors' loan accounts 257,000 257,000
261,100 261,000

9. RESERVES
Fair
value
reserve
£   
At 1 July 2023
and 30 June 2024 9,783