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REGISTERED NUMBER: 03842464 (England and Wales)















Hamilton Allen Associates Limited

Report of the Directors and

Financial Statements for the Year Ended 30 September 2024






Hamilton Allen Associates Limited (Registered number: 03842464)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Report of the Directors 2

Report of the Independent Auditors 4

Income Statement 7

Other Comprehensive Income 8

Balance Sheet 9

Statement of Changes in Equity 10

Cash Flow Statement 11

Notes to the Cash Flow Statement 12

Notes to the Financial Statements 14


Hamilton Allen Associates Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Mr SA Jones
Mr DH Porter
Mr M A Bonsall





SECRETARY: Mr SA Jones





REGISTERED OFFICE: 14 Penrhyn Road
Colwyn Bay
Conwy
LL29 8LG





REGISTERED NUMBER: 03842464 (England and Wales)





AUDITORS: Pritchett & Co Business Advisers Limited
Chartered Accountants and Statutory Auditors
16 Wynnstay Road
Colwyn Bay
Conwy
LL29 8NB

Hamilton Allen Associates Limited (Registered number: 03842464)

Report of the Directors
for the Year Ended 30 September 2024

The directors present their report with the financial statements of the company for the year ended 30 September 2024.

DIVIDENDS
No dividends have been paid out during the year.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 October 2023 to the date of this report.

Mr SA Jones
Mr DH Porter
Mr M A Bonsall

STATEMENT OF DIRECTORS' RESPONSIBILITIES
The directors are responsible for preparing the Report of the Directors 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 United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). 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 and then apply them consistently;
-make judgements and accounting estimates that are reasonable and prudent;
-state whether applicable accounting standards have been followed, subject to any material
departures disclosed and explained in the financial statements;
-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 enable them to ensure that the financial statements comply with the Companies Act 2006. They 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.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

Hamilton Allen Associates Limited (Registered number: 03842464)

Report of the Directors
for the Year Ended 30 September 2024


AUDITORS
The auditors, Pritchett & Co Business Advisers Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:





Mr SA Jones - Director


25 June 2025

Report of the Independent Auditors to the Members of
Hamilton Allen Associates Limited

Opinion
We have audited the financial statements of Hamilton Allen Associates Limited (the 'company') for the year ended 30 September 2024 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity, Cash Flow Statement and Notes to the Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:
-give a true and fair view of the state of the company's affairs as at 30 September 2024 and of its profit for the year then ended;
-have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Report of the Independent Auditors to the Members of
Hamilton Allen Associates Limited


Other information
The directors are responsible for the other information. The other information comprises the information in the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Report of the Directors has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of directors' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit.

Responsibilities of directors
As explained more fully in the Statement of Directors' Responsibilities set out on page two, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Report of the Independent Auditors to the Members of
Hamilton Allen Associates Limited


Auditors' responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

- Evaluate management's incentives and opportunities for fraudulent manipulation of the financial statements, including the risk of override of controls.

- Discussion with management to obtain an understanding of the entity's policies and procedures on fraud risks, including knowledge of any actual, suspected or alleged fraud.

- Obtain an understanding of the entity's policies and procedures on compliance with laws and regulations, including documentation of any instances of non-compliance.

- Designing audit procedures to incorporate unpredictability around the nature, timing or extent of our testing.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.




ANDREW MORRIS (Senior Statutory Auditor)
for and on behalf of Pritchett & Co Business Advisers Limited
Chartered Accountants and Statutory Auditors
16 Wynnstay Road
Colwyn Bay
Conwy
LL29 8NB

26 June 2025

Hamilton Allen Associates Limited (Registered number: 03842464)

Income Statement
for the Year Ended 30 September 2024

30/9/24 30/9/23
Notes £    £   

TURNOVER 53,622 60,240

Administrative expenses 6,987 17,463
OPERATING PROFIT 4 46,635 42,777


Interest payable and similar expenses 5 271 2,220
PROFIT BEFORE TAXATION 46,364 40,557

Tax on profit 6 12,204 7,250
PROFIT FOR THE FINANCIAL YEAR 34,160 33,307

Hamilton Allen Associates Limited (Registered number: 03842464)

Other Comprehensive Income
for the Year Ended 30 September 2024

30/9/24 30/9/23
Notes £    £   

PROFIT FOR THE YEAR 34,160 33,307


OTHER COMPREHENSIVE INCOME - -
TOTAL COMPREHENSIVE INCOME
FOR THE YEAR

34,160

33,307

Hamilton Allen Associates Limited (Registered number: 03842464)

Balance Sheet
30 September 2024

30/9/24 30/9/23
Notes £    £    £   
FIXED ASSETS
Tangible assets 7 853,364 497,645
Investments 8 75,734 75,734
929,098 573,379

CURRENT ASSETS
Debtors 9 - 282
Cash at bank 1,881 7,391
1,881 7,673
CREDITORS
Amounts falling due within one year 10 365,013 49,246
NET CURRENT LIABILITIES (363,132 ) (41,573 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

565,966

531,806

PROVISIONS FOR LIABILITIES 12 16,273 16,273
NET ASSETS 549,693 515,533

CAPITAL AND RESERVES
Called up share capital 13 100 100
Retained earnings 14 549,593 515,433
SHAREHOLDERS' FUNDS 549,693 515,533

The financial statements were approved by the Board of Directors and authorised for issue on 25 June 2025 and were signed on its behalf by:





Mr SA Jones - Director


Hamilton Allen Associates Limited (Registered number: 03842464)

Statement of Changes in Equity
for the Year Ended 30 September 2024

Called up
share Retained Total
capital earnings equity
£    £    £   
Balance at 1 October 2022 100 482,126 482,226

Changes in equity
Total comprehensive income - 33,307 33,307
Balance at 30 September 2023 100 515,433 515,533

Changes in equity
Total comprehensive income - 34,160 34,160
Balance at 30 September 2024 100 549,593 549,693

Hamilton Allen Associates Limited (Registered number: 03842464)

Cash Flow Statement
for the Year Ended 30 September 2024

30/9/24 30/9/23
Notes £    £   
Cash flows from operating activities
Cash generated from operations 1 48,211 51,895
Interest paid (271 ) (2,220 )
Tax paid (7,454 ) (8,976 )
Net cash from operating activities 40,486 40,699

Cash flows from investing activities
Purchase of tangible fixed assets (356,846 ) (16,713 )
Net cash from investing activities (356,846 ) (16,713 )

Cash flows from financing activities
Movement in related party loan 325,267 -
Loan repayments in year (14,417 ) (41,619 )
Net cash from financing activities 310,850 (41,619 )

Decrease in cash and cash equivalents (5,510 ) (17,633 )
Cash and cash equivalents at
beginning of year

2

7,391

25,024

Cash and cash equivalents at end
of year

2

1,881

7,391

Hamilton Allen Associates Limited (Registered number: 03842464)

Notes to the Cash Flow Statement
for the Year Ended 30 September 2024

1. RECONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM
OPERATIONS

30/9/24 30/9/23
£    £   
Profit before taxation 46,364 40,557
Depreciation charges 1,127 1,409
Finance costs 271 2,220
47,762 44,186
Decrease in trade and other debtors 282 18
Increase in trade and other creditors 167 7,691
Cash generated from operations 48,211 51,895

2. CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Year ended 30 September 2024
30/9/24 1/10/23
£    £   
Cash and cash equivalents 1,881 7,391
Year ended 30 September 2023
30/9/23 1/10/22
£    £   
Cash and cash equivalents 7,391 25,024


Hamilton Allen Associates Limited (Registered number: 03842464)

Notes to the Cash Flow Statement
for the Year Ended 30 September 2024

3. ANALYSIS OF CHANGES IN NET (DEBT)/FUNDS

At 1/10/23 Cash flow At 30/9/24
£    £    £   
Net cash
Cash at bank 7,391 (5,510 ) 1,881
7,391 (5,510 ) 1,881
Debt
Debts falling due within 1 year (14,417 ) 14,417 -
(14,417 ) 14,417 -
Total (7,026 ) 8,907 1,881

Hamilton Allen Associates Limited (Registered number: 03842464)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Hamilton Allen Associates 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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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
No provision for depreciation of land and buildings has been made on the grounds that there would be no material effect after taking account of the estimated residual value and their expected useful lives.

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.

Hamilton Allen Associates Limited (Registered number: 03842464)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

3. EMPLOYEES AND DIRECTORS


30/9/24 30/9/23
£    £   
Directors' remuneration - -

4. OPERATING PROFIT

The operating profit is stated after charging:

30/9/24 30/9/23
£    £   
Depreciation - owned assets 1,127 1,409

5. INTEREST PAYABLE AND SIMILAR EXPENSES
30/9/24 30/9/23
£    £   
Bank loan interest 271 2,220

6. TAXATION

Analysis of the tax charge
The tax charge on the profit for the year was as follows:
30/9/24 30/9/23
£    £   
Current tax:
UK corporation tax 12,204 7,250
Tax on profit 12,204 7,250

Hamilton Allen Associates Limited (Registered number: 03842464)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

7. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST
At 1 October 2023 492,010 7,044 499,054
Additions 356,846 - 356,846
At 30 September 2024 848,856 7,044 855,900
DEPRECIATION
At 1 October 2023 - 1,409 1,409
Charge for year - 1,127 1,127
At 30 September 2024 - 2,536 2,536
NET BOOK VALUE
At 30 September 2024 848,856 4,508 853,364
At 30 September 2023 492,010 5,635 497,645

Land and buildings are included at their revalued amounts. The directors are satisfied that the above amount fairly reflects the current market value.

8. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
30/9/24 30/9/23
£    £   
Investment 75,734 75,734

9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£    £   
Trade debtors - 282

Hamilton Allen Associates Limited (Registered number: 03842464)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£    £   
Bank loans (see note 11) - 14,417
Trade creditors 1,585 1,418
Amounts owed to group undertakings 350,228 24,961
Tax 12,000 7,250
Accrued expenses 1,200 1,200
365,013 49,246

11. LOANS

An analysis of the maturity of loans is given below:

30/9/24 30/9/23
£    £   
Amounts falling due within one year or on demand:
Bank loans - 14,417

Bank loans included in creditors are secured on the properties held by the company.

12. PROVISIONS FOR LIABILITIES
30/9/24 30/9/23
£    £   
Deferred tax 16,273 16,273

Deferred
tax
£   
Balance at 1 October 2023 16,273
Balance at 30 September 2024 16,273

13. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30/9/24 30/9/23
value: £    £   
100 Ordinary £1 100 100

Hamilton Allen Associates Limited (Registered number: 03842464)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

14. RESERVES
Retained
earnings
£   

At 1 October 2023 515,433
Profit for the year 34,160
At 30 September 2024 549,593

Included in reserves is a non distributable amount of £69,376 which represents the increase in value of land and buildings, less the provision for potential future tax charge.

The remaining profit and loss reserve represents historic and current retained earnings.

15. ULTIMATE CONTROLLING PARTY

The company is a subsidiary undertaking of 75point3 Limited, registered office: 14 Penrhyn Road, Colwyn Bay, Conwy, LL29 8LG, a company incorporated in the UK.

16. RELATED PARTIES

During the year the company has received rent from a group company amounting to £30,000 (2023: £36,000)

Included in creditors is an amount due to a group company of £350,228 (2023: £24,961).