Company No:
Contents
| DIRECTOR | A Jarvis |
| SECRETARY | A Jarvis |
| REGISTERED OFFICE | 68 Kinnerton Street Belgravia |
| London | |
| SW1X 8ER | |
| United Kingdom |
| COMPANY NUMBER | 09282763 (England and Wales) |
| ACCOUNTANT | S&W Partners Newcastle Limited |
| 17 Queens Lane | |
| Newcastle | |
| NE1 1RN |
The director presents this annual report and the unaudited financial statements of the Company for the financial year ended 31 December 2024.
DIRECTOR
The director, who served during the financial year and to the date of this report except as noted, was as follows:
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Approved and signed by:
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A Jarvis
Director |
We are subject to the ethical and other professional requirements of the Institute of Chartered Accountants in England and Wales (ICAEW), which are detailed at https://www.icaew.com/regulations.
It is your duty to ensure that A J Hamilton Limited 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 A J Hamilton Limited. You consider that A J Hamilton Limited is exempt from the statutory audit requirement for the financial year.
We have not been instructed to carry out an audit or a review of the financial statements of A J Hamilton Limited. 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.
Accountants
Newcastle
NE1 1RN
| 2024 | 2023 | |||
| £ | £ | |||
| Turnover |
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| Cost of sales | (
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| Gross (loss)/profit | (
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| Administrative expenses | (
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| Operating loss and loss before taxation | (
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| Tax on loss |
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| Loss for the financial year | (
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| Note | 2024 | 2023 | ||
| £ | £ | |||
| Fixed assets | ||||
| Tangible assets | 3 |
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| 1,108 | 3,795 | |||
| Current assets | ||||
| Debtors | 4 |
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| Cash at bank and in hand | 5 |
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| 9,890 | 11,573 | |||
| Creditors: amounts falling due within one year | 6 | (
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| Net current liabilities | (919,801) | (858,340) | ||
| Total assets less current liabilities | (918,693) | (854,545) | ||
| Net liabilities | (
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| Capital and reserves | ||||
| Called-up share capital | 7 |
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| Profit and loss account | (
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| Total shareholder's deficit | (
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Director's responsibilities:
The financial statements of A J Hamilton Limited (registered number:
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A Jarvis
Director |
| Called-up share capital | Profit and loss account | Total | |||
| £ | £ | £ | |||
| At 01 January 2023 |
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| Loss for the financial year |
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| Total comprehensive loss |
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| At 31 December 2023 |
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| At 01 January 2024 |
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| Loss for the financial year |
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| Total comprehensive loss |
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| At 31 December 2024 |
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The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
A J Hamilton Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 68 Kinnerton Street Belgravia, London, SW1X 8ER, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The functional currency of A J Hamilton Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.
These financial statements are separate financial statements.
Exchange differences are recognised in the Profit and Loss Account in the period in which they arise on monetary items.
Revenue arising from the provision of services is recognised by reference to the stage of completion as follows:
[include details of the specific recognition and measurement policies for each significant type of service provided]
When the stage of completion cannot be measured reliably revenue is recognised up to the extent of recoverable expenses and accordingly no profit is recognised.
| Plant and machinery etc. |
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The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.
Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
| 2024 | 2023 | ||
| Number | Number | ||
| Monthly average number of persons employed by the Company during the year, including the director |
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| Plant and machinery etc. | Total | ||
| £ | £ | ||
| Cost | |||
| At 01 January 2024 |
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| At 31 December 2024 |
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| Accumulated depreciation | |||
| At 01 January 2024 |
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| Charge for the financial year |
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| rounding element |
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| At 31 December 2024 |
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| Net book value | |||
| At 31 December 2024 | 1,108 | 1,108 | |
| At 31 December 2023 | 3,795 | 3,795 |
| 2024 | 2023 | ||
| £ | £ | ||
| Trade debtors |
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| 2024 | 2023 | ||
| £ | £ | ||
| Cash at bank and in hand |
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| 2024 | 2023 | ||
| £ | £ | ||
| Trade creditors |
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| Other taxation and social security |
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| Other creditors |
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| 2024 | 2023 | ||
| £ | £ | ||
| Allotted, called-up and fully-paid | |||
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| Nil
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| 1 | 1 |
| 2024 | 2023 | ||
| £ | £ | ||
| Turnover | |||
| Sales |
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| Other revenue |
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| 7,640 | 13,675 | ||
| Cost of sales | |||
| Direct costs | (
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| Gross (loss)/profit | (
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| Gross (loss)/profit percentage | (429.48%) | 56.46% | |
| Administrative expenses | |||
| Travel and subsistence |
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| Computer expenses | (
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| Internet, telephone and fax | (
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| Printing, postage and stationery | (
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| Bank charges | (
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| Subscriptions | (
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| Insurance | (
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| Depreciation | (
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| Repairs and maintenance | (
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| Software | (
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| Loss on foreign exchange transactions | (
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| Accountancy fees | (
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| Bookkeeping | (
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| Legal and professional fees | (
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| Advertising and PR | (
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| General |
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| Sundry expenses | (
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| (31,336) | (92,929) | ||
| Operating loss and loss before taxation | (
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