PROPERTIES UNDER THE HAMMER AUCTION LTD

Company Registration Number:
08820911 (England and Wales)

Unaudited statutory accounts for the year ended 30 March 2025

Period of accounts

Start date: 1 April 2024

End date: 30 March 2025

PROPERTIES UNDER THE HAMMER AUCTION LTD

Contents of the Financial Statements

for the Period Ended 30 March 2025

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

PROPERTIES UNDER THE HAMMER AUCTION LTD

Profit And Loss Account

for the Period Ended 30 March 2025

2025 2024


£

£
Turnover: 1,441,251 0
Gross profit(or loss): 1,441,251 0
Administrative expenses: ( 466,549 )
Operating profit(or loss): 974,702 0
Profit(or loss) before tax: 974,702 0
Profit(or loss) for the financial year: 974,702 0

PROPERTIES UNDER THE HAMMER AUCTION LTD

Balance sheet

As at 30 March 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 374,845 18,441
Total fixed assets: 374,845 18,441
Current assets
Stocks: 4 455
Cash at bank and in hand: 274,585
Total current assets: 274,585 455
Creditors: amounts falling due within one year: 5 ( 7,458 ) ( 10,423 )
Net current assets (liabilities): 267,127 (9,968)
Total assets less current liabilities: 641,972 8,473
Creditors: amounts falling due after more than one year: 6 ( 16,001 ) ( 16,001 )
Total net assets (liabilities): 625,971 (7,528)
Capital and reserves
Called up share capital: 625,971 1
Other reserves: (7,529 )
Total Shareholders' funds: 625,971 (7,528)

The notes form part of these financial statements

PROPERTIES UNDER THE HAMMER AUCTION LTD

Balance sheet statements

For the year ending 30 March 2025 the company was entitled to exemption 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.

This report was approved by the board of directors on 9 April 2025
and signed on behalf of the board by:

Name: Sai Darman
Status: Director

The notes form part of these financial statements

PROPERTIES UNDER THE HAMMER AUCTION LTD

Notes to the Financial Statements

for the Period Ended 30 March 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

PROPERTIES UNDER THE HAMMER AUCTION LTD

Notes to the Financial Statements

for the Period Ended 30 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 5 3

PROPERTIES UNDER THE HAMMER AUCTION LTD

Notes to the Financial Statements

for the Period Ended 30 March 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2024 18,441 18,441
Additions 356,404 356,404
Disposals
Revaluations
Transfers
At 30 March 2025 374,845 374,845
Depreciation
At 1 April 2024
Charge for year
On disposals
Other adjustments
At 30 March 2025
Net book value
At 30 March 2025 374,845 374,845
At 31 March 2024 18,441 18,441

PROPERTIES UNDER THE HAMMER AUCTION LTD

Notes to the Financial Statements

for the Period Ended 30 March 2025

4. Stocks

2025 2024
£ £
Stocks 455
Total   455

PROPERTIES UNDER THE HAMMER AUCTION LTD

Notes to the Financial Statements

for the Period Ended 30 March 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Amounts due under finance leases and hire purchase contracts 7,458 10,423
Total 7,458 10,423

PROPERTIES UNDER THE HAMMER AUCTION LTD

Notes to the Financial Statements

for the Period Ended 30 March 2025

6. Creditors: amounts falling due after more than one year note

2025 2024
£ £
Other creditors 16,001 16,001
Total 16,001 16,001