REGISTERED NUMBER: 10273149 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 December 2024

for

Simon Hammond Wall and Floor Tiling Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

S Hammond

Mrs R Hammond

SECRETARY:

Mrs R Hammond

REGISTERED OFFICE:

Brick Kiln Cottage

Roddy Lane

Kingsley

Frodsham

Cheshire

WA6 8HG

REGISTERED NUMBER:

10273149 (England and Wales)

FIXED ASSETS

Tangible assets

4

18,138

23,760

CURRENT ASSETS

Debtors

5

6,300

22,433

CREDITORS

Amounts falling due within one year

6

(22,238

)

(26,472

)

NET CURRENT LIABILITIES

(15,938

)

(4,039

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,200

19,721

CREDITORS

Amounts falling due after more than one year

7

(2,858

)

(8,553

)

NET (LIABILITIES)/ASSETS

(658

)

11,168

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(758

)

11,068

(658

)

11,168

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 December 2024 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

S Hammond - Director

1.	STATUTORY INFORMATION

The principle activity of Simon Hammond Wall and Floor Tiling Limited is that of a wall and floor tiling.

The company is a private company limited by shares and is incorporated in England and Wales. The address of the principal place of business and of the registered office is Brick Klin Cottage, Roddy Lane, Kingsley, Frodsham. WA6 8HG The registered number can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£). Monetary amounts in these financial statements are rounded to the nearest £.

2.	ACCOUNTING POLICIES

Summary of significant accounting policies

The principle accounting policies applied in the preparation of these financial statements are set out below.

These policies have been consistently applied to all years presented, unless otherwise stated.

Basis of preparation

The financial statements are prepared on the going concern basis under the historical cost convention and comply with the United Kingdom Accounting Standards and Companies Act 2006.

Going Concern

No material uncertainties, that may cast doubt about the ability of the company to continue as a going concern have been identified by the directors. The results are in line with forecasts and with continued director support, the company is expected to be showing a profit in the foreseeable future. Therefore, the director considers it appropriate to prepare the financial statements on the going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Financial instruments

The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank loans and directors' current accounts and loans.

Bank loans and directors loans are initially measured at the present value of future payments, discounted at a market rate of interest and subsequently at amortised cost using the effective interest method.

Directors current balances (being those repayable on demand), trade debtors, other debtors and creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment.If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 31 December 2023

67,778

1,018

68,796

Additions

-

574

574

At 30 December 2024

67,778

1,592

69,370

DEPRECIATION

At 31 December 2023

44,275

761

45,036

Charge for year

5,876

320

6,196

At 30 December 2024

50,151

1,081

51,232

NET BOOK VALUE

At 30 December 2024

17,627

511

18,138

At 30 December 2023

23,503

257

23,760

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

6,300

20,896

Other debtors

-

1,537

6,300

22,433

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

14,185

18,642

Trade creditors

-

1,273

Taxation and social security

4,787

4,145

Other creditors

3,266

2,412

22,238

26,472

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

2,858

8,553