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
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
Hamsard 2018 Limited
Statement of financial position
as at 31 December 2024
Tangible assets
358,637
392,956
Cash at bank and in hand
12,728
157,700
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
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
Hamsard 2018 Limited
Notes to the Accounts
for the year ended 31 December 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 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.
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
At 31 December 2024
482,916
355,121
838,037
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
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
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
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
8
Creditors: amounts falling due after more than one year
2024
2023
Hamsard 2018 Limited
Notes to the Accounts
for the year ended 31 December 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
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).