ACCOUNTS - Final Accounts preparation

Company Registration Number: 08793813

HAMBLETON USA LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

HAMBLETON USA LIMITED

REGISTERED NUMBER: 08793813

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£

Fixed assets
Investments	3		1,726,467		1,726,467
			1,726,467		1,726,467
Current assets
Cash at bank and in hand	4	1,233		1,242
		1,233		1,242
Creditors: amounts falling due within one year	5	-		(9)
Net current assets			1,233		1,233
Total assets less current liabilities			1,727,700		1,727,700

Net assets			1,727,700		1,727,700

Capital and reserves
Called up share capital	1,047,290	1,047,290
Share premium account	679,278	679,278
Profit and loss account	1,132	1,132
	1,727,700	1,727,700

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

Jeanne Bianco

Director

Date: 30 September 2025

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HAMBLETON USA LIMITED

REGISTERED NUMBER: 08793813

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 DECEMBER 2024

The notes on pages 3 to 4 form part of these financial statements.

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HAMBLETON USA LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.Accounting policies

1.1

Company information

Hambleton USA Limited is a private company limited by shares incorporated in England and Wales. The registered office is Dalton Airfield, Dalton, Thirsk, North Yorkshire, YO7 3JN.

1.2

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

1.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

1.4

Foreign exchange

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date.

1.5

Investments

Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairement losses.

1.6

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resourced received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

1.7

Dividends

Dividend distribution to the company's shareholders is recognised as a liability in the financial statement in the reporting period in which the dividends are declared.

1.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

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HAMBLETON USA LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Employees

The average monthly number of employees, including directors, during the year was 0 (2023 - 0).

3.	Fixed asset investments

		Shares in subsidiaries and associates
		£
	Cost or valuation
	At 1 January 2024	1,726,467
	At 31 December 2024	1,726,467

Significant undertakings
The following were associates of the Company:
Name	Registered office	Class of shares	Holding

	National Tube Supply Company	USA	Common stock	33%
	National Tube Supply Canada Inc	Canada	Common stock	33%

4.	Cash and cash equivalents
		2024	2023
		£	£

Cash at bank and in hand	1,233	1,242
	1,233	1,242

5.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Other creditors	-	9
	-	9

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