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Company Registration No. 11090433 (England and Wales)
Hamsard 2018 Limited Unaudited accounts for the year ended 31 December 2024
Hamsard 2018 Limited Unaudited accounts Contents
Page
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Hamsard 2018 Limited Company Information for the year ended 31 December 2024
Directors
D Hersheson L Hersheson R Hersheson
Company Number
11090433 (England and Wales)
Registered Office
29 Berners Street London W1T 3LR
Accountants
Multiply Accountancy Limited 71-75 Shelton Street London WC2H 9JQ
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Hamsard 2018 Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
358,637 
392,956 
Investments
9 
9 
358,646 
392,965 
Current assets
Debtors
747,561 
1,204,527 
Cash at bank and in hand
12,728 
157,700 
760,289 
1,362,227 
Creditors: amounts falling due within one year
(897,102)
(856,296)
Net current (liabilities)/assets
(136,813)
505,931 
Total assets less current liabilities
221,833 
898,896 
Creditors: amounts falling due after more than one year
(23,923)
(547,592)
Provisions for liabilities
Deferred tax
(49,538)
(41,346)
Net assets
148,372 
309,958 
Capital and reserves
Called up share capital
99 
99 
Profit and loss account
148,273 
309,859 
Shareholders' funds
148,372 
309,958 
For the year ending 31 December 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 July 2025 and were signed on its behalf by
L Hersheson Director Company Registration No. 11090433
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Hamsard 2018 Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Hamsard 2018 Limited is a private company, limited by shares, registered in England and Wales, registration number 11090433. The registered office is 29 Berners Street, London, W1T 3LR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
20 years straight line
Plant & machinery
25% reducing balance
Fixtures & fittings
5 years straight line
Computer equipment
5 years straight line
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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Hamsard 2018 Limited Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
477,265 
354,135 
831,400 
Additions
5,651 
986 
6,637 
At 31 December 2024
482,916 
355,121 
838,037 
Depreciation
At 1 January 2024
140,313 
298,131 
438,444 
Charge for the year
23,887 
17,069 
40,956 
At 31 December 2024
164,200 
315,200 
479,400 
Net book value
At 31 December 2024
318,716 
39,921 
358,637 
At 31 December 2023
336,952 
56,004 
392,956 
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 January 2024
9 
Valuation at 31 December 2024
9 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
24,314 
4,756 
Accrued income and prepayments
58,982 
6,565 
Other debtors
664,265 
1,193,206 
747,561 
1,204,527 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
32,385 
38,699 
Trade creditors
32,436 
26,733 
Taxes and social security
34,123 
55,594 
Other creditors
780,314 
697,746 
Accruals
17,844 
37,524 
897,102 
856,296 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
23,923 
47,592 
Other creditors
- 
500,000 
23,923 
547,592 
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Hamsard 2018 Limited Notes to the Accounts for the year ended 31 December 2024
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
D Hersheson
364,683 
- 
364,683 
- 
R Hersheson
364,683 
- 
364,683 
- 
729,366 
- 
729,366 
- 
Interest was charged on the loans at a rate of 2.25%. The loans were repaid in full within 9 months. The Directors loan balances shown above were settled by way of an inter group transfer to Hersheson Group Limited as part of a restructure that occurred in September 2024.
10
Transactions with related parties
At the balance sheet date the following balances existed with companies under common control: Within other debtors, £20,593 (2023: £nil) was due from Hamsard 3469 Limited. Within other creditors, £nil (2023: £6,232) was due to Hamsard 3469 Limited.
11
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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