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REGISTERED NUMBER: 07116383















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Hampshire Property Maintenance Ltd.

Hampshire Property Maintenance Ltd. (Registered number: 07116383)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 8

Hampshire Property Maintenance Ltd.

Company Information
for the Year Ended 31 December 2024







DIRECTORS: M Abbott
J Daborn





REGISTERED OFFICE: 177 Nyetimber Lane
Bognor Regis
West Sussex
PO21 3HT





REGISTERED NUMBER: 07116383





ACCOUNTANTS: Year-End Resolutions Ltd
177 Nyetimber Lane
Bognor Regis
West Sussex
PO21 3HT

Hampshire Property Maintenance Ltd. (Registered number: 07116383)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Property, plant and equipment 4 98,680 51,838

CURRENT ASSETS
Debtors 5 82,458 209,900
Cash at bank and in hand 93,081 93,609
175,539 303,509
CREDITORS
Amounts falling due within one year 6 129,784 146,086
NET CURRENT ASSETS 45,755 157,423
TOTAL ASSETS LESS CURRENT
LIABILITIES

144,435

209,261

CREDITORS
Amounts falling due after more than one
year

7

(83,688

)

(45,395

)

PROVISIONS FOR LIABILITIES - (6,488 )
NET ASSETS 60,747 157,378

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 60,745 157,376
SHAREHOLDERS' FUNDS 60,747 157,378

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Hampshire Property Maintenance Ltd. (Registered number: 07116383)

Balance Sheet - continued
31 December 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 15 April 2025 and were signed on its behalf by:





M Abbott - Director


Hampshire Property Maintenance Ltd. (Registered number: 07116383)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Hampshire Property Maintenance Ltd. is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover
Revenue 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost, 25% on cost and 20% on cost

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Hampshire Property Maintenance Ltd. (Registered number: 07116383)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 15 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2024 867 663 188,315 2,775 192,620
Additions - - 111,505 3,776 115,281
Disposals - - (96,665 ) - (96,665 )
At 31 December 2024 867 663 203,155 6,551 211,236
DEPRECIATION
At 1 January 2024 867 646 136,494 2,775 140,782
Charge for year - 3 37,634 1,246 38,883
Eliminated on disposal - - (67,109 ) - (67,109 )
At 31 December 2024 867 649 107,019 4,021 112,556
NET BOOK VALUE
At 31 December 2024 - 14 96,136 2,530 98,680
At 31 December 2023 - 17 51,821 - 51,838

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 January 2024 147,840
Additions 111,505
Disposals (96,665 )
At 31 December 2024 162,680
DEPRECIATION
At 1 January 2024 102,039
Charge for year 34,624
Eliminated on disposal (67,109 )
At 31 December 2024 69,554
NET BOOK VALUE
At 31 December 2024 93,126
At 31 December 2023 45,801

Hampshire Property Maintenance Ltd. (Registered number: 07116383)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 71,322 209,900
Other debtors 11,136 -
82,458 209,900

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Hire purchase contracts (see note 8) 25,978 28,140
Trade creditors 41,822 43,850
Taxation and social security 51,313 66,274
Other creditors 10,671 7,822
129,784 146,086

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Hire purchase contracts (see note 8) 83,688 34,028
Other creditors - 11,367
83,688 45,395

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
31.12.24 31.12.23
£    £   
Gross obligations repayable:
Within one year 31,017 31,393
Between one and five years 91,377 36,620
122,394 68,013

Finance charges repayable:
Within one year 5,039 3,253
Between one and five years 7,689 2,592
12,728 5,845

Net obligations repayable:
Within one year 25,978 28,140
Between one and five years 83,688 34,028
109,666 62,168

Hampshire Property Maintenance Ltd. (Registered number: 07116383)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

8. LEASING AGREEMENTS - continued

Non-cancellable operating leases
31.12.24 31.12.23
£    £   
Within one year 1,001 999

9. ULTIMATE CONTROLLING PARTY

The company is under the control of the directors who own 100% of the issued share capital.

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Hampshire Property Maintenance Ltd.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Hampshire Property Maintenance Ltd. for the year ended 31 December 2024 which comprise the Income Statement, 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Hampshire Property Maintenance Ltd., as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Hampshire Property Maintenance Ltd. and state those matters that we have agreed to state to the Board of Directors of Hampshire Property Maintenance Ltd., as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Hampshire Property Maintenance Ltd. 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 Hampshire Property Maintenance Ltd.. You consider that Hampshire Property Maintenance Ltd. is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Hampshire Property Maintenance Ltd.. 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.






Year-End Resolutions Ltd
177 Nyetimber Lane
Bognor Regis
West Sussex
PO21 3HT


15 April 2025