IRIS Accounts Production v25.2.0.378 04844872 Board of Directors Board of Directors 1.4.24 31.3.25 31.3.25 false true false false false true false Ordinary 'A' 1.00000 Ordinary 'B' 1.00000 Ordinary 'C' 1.00000 Ordinary 'A' 1.00000 Ordinary 'B' 1.00000 Ordinary 'C' 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh048448722024-03-31048448722025-03-31048448722024-04-012025-03-31048448722023-03-31048448722023-04-012024-03-31048448722024-03-3104844872ns15:EnglandWales2024-04-012025-03-3104844872ns14:PoundSterling2024-04-012025-03-3104844872ns10:Director12024-04-012025-03-3104844872ns10:Director22024-04-012025-03-3104844872ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3104844872ns10:SmallEntities2024-04-012025-03-3104844872ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3104844872ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3104844872ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3104844872ns10:FullAccounts2024-04-012025-03-310484487212024-04-012025-03-3104844872ns10:OrdinaryShareClass12024-04-012025-03-3104844872ns10:OrdinaryShareClass22024-04-012025-03-3104844872ns10:OrdinaryShareClass32024-04-012025-03-3104844872ns5:CurrentFinancialInstruments2025-03-3104844872ns5:CurrentFinancialInstruments2024-03-3104844872ns5:ShareCapital2025-03-3104844872ns5:ShareCapital2024-03-3104844872ns5:FurtherSpecificReserve1ComponentTotalEquity2025-03-3104844872ns5:FurtherSpecificReserve1ComponentTotalEquity2024-03-3104844872ns5:RetainedEarningsAccumulatedLosses2025-03-3104844872ns5:RetainedEarningsAccumulatedLosses2024-03-3104844872ns10:RegisteredOffice2024-04-012025-03-3104844872ns5:NetGoodwill2024-04-012025-03-3104844872ns5:NetGoodwill2024-03-3104844872ns5:NetGoodwill2025-03-3104844872ns5:NetGoodwill2024-03-3104844872ns5:FurnitureFittings2024-03-3104844872ns5:FurnitureFittings2024-04-012025-03-3104844872ns5:FurnitureFittings2025-03-3104844872ns5:FurnitureFittings2024-03-3104844872ns5:WithinOneYear2025-03-3104844872ns5:WithinOneYear2024-03-3104844872ns10:OrdinaryShareClass12025-03-3104844872ns10:OrdinaryShareClass22025-03-3104844872ns10:OrdinaryShareClass32025-03-3104844872ns5:RetainedEarningsAccumulatedLosses2024-03-3104844872ns5:FurtherSpecificReserve1ComponentTotalEquity2024-03-3104844872ns5:RetainedEarningsAccumulatedLosses2024-04-012025-03-31
REGISTERED NUMBER: 04844872 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

MARTIN HAMMETT ASSOCIATES LIMITED

MARTIN HAMMETT ASSOCIATES LIMITED (REGISTERED NUMBER: 04844872)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Balance Sheet 1

Notes to the Financial Statements 3


MARTIN HAMMETT ASSOCIATES LIMITED (REGISTERED NUMBER: 04844872)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 - 817
- 817

CURRENT ASSETS
Stocks - 1,106
Cash at bank 8,421 157,228
8,421 158,334
CREDITORS
Amounts falling due within one year 6 9,767 31,991
NET CURRENT (LIABILITIES)/ASSETS (1,346 ) 126,343
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,346

)

127,160

CAPITAL AND RESERVES
Called up share capital 8 100 100
Other reserves 9 - 496
Retained earnings 9 (1,446 ) 126,564
SHAREHOLDERS' FUNDS (1,346 ) 127,160

MARTIN HAMMETT ASSOCIATES LIMITED (REGISTERED NUMBER: 04844872)

BALANCE SHEET - continued
31 MARCH 2025


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 August 2025 and were signed on its behalf by:




Mr M Hammett - Director



Miss N J Davies - Director


MARTIN HAMMETT ASSOCIATES LIMITED (REGISTERED NUMBER: 04844872)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Martin Hammett Associates Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 04844872

Registered office: Grenville House
9 Boutport Street
Barnstaple
Devon
EX31 1TZ

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.

Turnover
The turnover shown in the profit and loss account represents commissions and fees receivable.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Amortisation
Amortisation is calculated so as to write off the cost of an asset over the useful economic life of that asset as follows:

Goodwill - 10 % straight line

Goodwill is now fully amortised.

Depreciation
Depreciation is calculated so as to write off the cost of an asset over the useful economic life of the asset as follows:

Fixtures, fittings and equipment - 10% and 33% reducing balance

Work in progress
Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

MARTIN HAMMETT ASSOCIATES LIMITED (REGISTERED NUMBER: 04844872)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


2. ACCOUNTING POLICIES - continued

Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

Pension costs
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 110,000
AMORTISATION
At 1 April 2024
and 31 March 2025 110,000
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 -

MARTIN HAMMETT ASSOCIATES LIMITED (REGISTERED NUMBER: 04844872)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2024
and 31 March 2025 22,120
DEPRECIATION
At 1 April 2024 21,303
Charge for year 817
At 31 March 2025 22,120
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 817

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors - 1,811
Taxation and social security 8,747 27,519
Other creditors 1,020 2,661
9,767 31,991

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2025 2024
£    £   
Within one year - 15,000

MARTIN HAMMETT ASSOCIATES LIMITED (REGISTERED NUMBER: 04844872)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
51 Ordinary 'A' £1 51 51
29 Ordinary 'B' £1 29 29
20 Ordinary 'C' £1 20 20
100 100

9. RESERVES
Retained Other
earnings reserves Totals
£    £    £   

At 1 April 2024 126,564 496 127,060
Profit for the year 36,628 36,628
Dividends (165,134 ) (165,134 )
Transfer 496 (496 ) -
At 31 March 2025 (1,446 ) - (1,446 )

10. FAIR VALUE GAINS

2025 2024
£    £   
Fair value gains
Change in value of financial assets held at fair value through profit
and loss

0

1,163