REGISTERED NUMBER: 07240295 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

HAM INTERIORS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr T P Cox

REGISTERED OFFICE:

Mercury House

19-21 Chapel Street

Marlow

Buckinghamshire

SL7 3HN

REGISTERED NUMBER:

07240295 (England and Wales)

ACCOUNTANTS:

Richardson Jones

Chartered Accountants

Mercury House

19-21 Chapel Street

Marlow

Buckinghamshire

SL7 3HN

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

250,537

216,258

250,537

216,258

CURRENT ASSETS

Stocks

583,724

621,399

Debtors

6

1,187,038

1,390,696

Cash at bank

81,399

157,116

1,852,161

2,169,211

CREDITORS

Amounts falling due within one year

7

1,849,437

1,687,527

NET CURRENT ASSETS

2,724

481,684

TOTAL ASSETS LESS CURRENT LIABILITIES

253,261

697,942

CREDITORS

Amounts falling due after more than one year

8

97,187

84,236

NET ASSETS

156,074

613,706

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

156,073

613,705

SHAREHOLDERS' FUNDS

156,074

613,706

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 September 2025 and were signed by:

Mr T P Cox - Director

1.	STATUTORY INFORMATION

Ham Interiors 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" 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

Turnover represents net invoiced sales of goods and services excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of twelve years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of six years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance, 20% on cost and at variable rates on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2023 - 20 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

516,721

102,000

618,721

AMORTISATION

At 1 January 2024

and 31 December 2024

516,721

102,000

618,721

NET BOOK VALUE

At 31 December 2024

-

-

-

At 31 December 2023

-

-

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

495,040

Additions

93,424

At 31 December 2024

588,464

DEPRECIATION

At 1 January 2024

278,782

Charge for year

59,145

At 31 December 2024

337,927

NET BOOK VALUE

At 31 December 2024

250,537

At 31 December 2023

216,258

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

1,004,020

1,078,851

Other debtors

183,018

311,845

1,187,038

1,390,696

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts

22,060

39,680

Trade creditors

270,288

261,263

Taxation and social security

226,668

174,693

Other creditors

1,330,421

1,211,891

1,849,437

1,687,527

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

13,349

53,333

Hire purchase contracts

83,838

30,903

97,187

84,236

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

£

Mr T P Cox

Balance outstanding at start of year

60,135

269,101

Amounts advanced

111,817

71,034

Amounts repaid

(60,135

)

(280,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

111,817

60,135

Interest has been charged by the company on the directors loan balance at the official rate during the year.

10.	ULTIMATE CONTROLLING PARTY

The company is controlled by Mr T P Cox by virtue of his 100% interest in the issued share capital.