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REGISTERED NUMBER: 10069453 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

HEMMING CAPITAL LIMITED
TRADING AS
HEMMING CAPITAL LIMITED

HEMMING CAPITAL LIMITED (REGISTERED NUMBER: 10069453)
TRADING AS HEMMING CAPITAL LIMITED






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


HEMMING CAPITAL LIMITED
TRADING AS HEMMING CAPITAL LIMITED

COMPANY INFORMATION
for the Year Ended 30 September 2024







DIRECTOR: J E Enright





REGISTERED OFFICE: Langley House
Park Road
London
N2 8EY





REGISTERED NUMBER: 10069453 (England and Wales)





ACCOUNTANTS: Accura Accountants Limited ASA
N2 8EY

HEMMING CAPITAL LIMITED (REGISTERED NUMBER: 10069453)
TRADING AS HEMMING CAPITAL LIMITED

STATEMENT OF FINANCIAL POSITION
30 September 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 5,485 6,857
Investments 5 42,088 76,439
47,573 83,296

CURRENT ASSETS
Debtors 6 7,510 -
Cash at bank 107 1,431
7,617 1,431
CREDITORS
Amounts falling due within one year 7 52,935 69,706
NET CURRENT LIABILITIES (45,318 ) (68,275 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,255

15,021

CREDITORS
Amounts falling due after more than one
year

8

(34,759

)

(44,407

)

PROVISIONS FOR LIABILITIES (1,371 ) (1,296 )
NET LIABILITIES (33,875 ) (30,682 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (33,876 ) (30,683 )
(33,875 ) (30,682 )

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

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

The director acknowledges his 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.

HEMMING CAPITAL LIMITED (REGISTERED NUMBER: 10069453)
TRADING AS HEMMING CAPITAL LIMITED

STATEMENT OF FINANCIAL POSITION - continued
30 September 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 director and authorised for issue on 26 June 2025 and were signed by:





J E Enright - Director


HEMMING CAPITAL LIMITED (REGISTERED NUMBER: 10069453)
TRADING AS HEMMING CAPITAL LIMITED

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

1. STATUTORY INFORMATION

Hemming Capital 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.

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.

The financial statements have been prepared on the going concern basis. The Statement of Financial Position shows net liabilities, the director is of the opinion that the shareholders will continue to support it, and provide adequate funding when necessary to enable it to meet its obligations for the foreseeable future, being for a period of at least twelve months from the date of approval of the financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, 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.

Motor Vehicles - 20% Reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

HEMMING CAPITAL LIMITED (REGISTERED NUMBER: 10069453)
TRADING AS HEMMING CAPITAL LIMITED

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

2. ACCOUNTING POLICIES - continued

Impairment of assets
A review of indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversals at each reporting date.

Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any material unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment or to provide termination benefits.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income

3. EMPLOYEES AND DIRECTORS

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

HEMMING CAPITAL LIMITED (REGISTERED NUMBER: 10069453)
TRADING AS HEMMING CAPITAL LIMITED

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023 44,000
Transfer to ownership (22,000 )
At 30 September 2024 22,000
DEPRECIATION
At 1 October 2023 37,143
Charge for year 1,372
Transfer to ownership (22,000 )
At 30 September 2024 16,515
NET BOOK VALUE
At 30 September 2024 5,485
At 30 September 2023 6,857

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

Plant and
machinery
etc
£   
COST
At 1 October 2023 22,000
Transfer to ownership (22,000 )
At 30 September 2024 -
DEPRECIATION
At 1 October 2023 22,000
Transfer to ownership (22,000 )
At 30 September 2024 -
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

HEMMING CAPITAL LIMITED (REGISTERED NUMBER: 10069453)
TRADING AS HEMMING CAPITAL LIMITED

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

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 October 2023 76,439
Disposals (34,351 )
At 30 September 2024 42,088
NET BOOK VALUE
At 30 September 2024 42,088
At 30 September 2023 76,439

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 4,285 -
Other debtors 3,225 -
7,510 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 3,143 3,143
Trade creditors 30,005 30,006
Taxation and social security 14,927 14,880
Other creditors 4,860 21,677
52,935 69,706

Included within other creditors are accrued expenses of £2,000 (2023: £2,000)

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans 34,759 44,407

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 4,583

HEMMING CAPITAL LIMITED (REGISTERED NUMBER: 10069453)
TRADING AS HEMMING CAPITAL LIMITED

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

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

30.9.24 30.9.23
£    £   
J E Enright
Balance outstanding at start of year (16,659 ) (281 )
Amounts advanced 38,951 2,679
Amounts repaid (19,067 ) (19,057 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 3,225 (16,659 )