REGISTERED NUMBER: 09276152 (England and Wales)

Unaudited Financial Statements

for the Period 1 January 2024 to 31 March 2025

for

Hamaton Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

I S Smith

REGISTERED OFFICE:

Unit C

Whiteacres

Cambridge Road

Whetstone

Leicestershire

LE8 6ZG

REGISTERED NUMBER:

09276152 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

Park House

37 Clarence Street

Leicester

Leicestershire

LE1 3RW

FIXED ASSETS

Tangible assets

4

8,291

11,195

Investments

5

21,838

21,838

30,129

33,033

CURRENT ASSETS

Stocks

190,102

400,584

Debtors

6

1,475,512

1,113,138

Cash at bank and in hand

115,252

127,752

1,780,866

1,641,474

CREDITORS

Amounts falling due within one year

7

(1,481,901

)

(1,400,431

)

NET CURRENT ASSETS

298,965

241,043

TOTAL ASSETS LESS CURRENT LIABILITIES

329,094

274,076

PROVISIONS FOR LIABILITIES

(1,804

)

(2,222

)

NET ASSETS

327,290

271,854

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

327,190

271,754

SHAREHOLDERS' FUNDS

327,290

271,854

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 October 2025 and were signed by:

I S Smith - Director

1.	STATUTORY INFORMATION

Hamaton 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.

Preparation of consolidated financial statements

The financial statements contain information about Hamaton Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on cost

Computer equipment

-

33 1/3% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell, 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.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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.

Research and development

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

Foreign currencies

The company's functional and presentational currency is GBP.

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Operating leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 period was 8 (2023 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2024

12,853

13,847

20,776

47,476

Additions

-

550

2,183

2,733

Disposals

-

-

(3,041

)

(3,041

)

At 31 March 2025

12,853

14,397

19,918

47,168

DEPRECIATION

At 1 January 2024

9,014

8,934

18,333

36,281

Charge for period

1,137

2,478

1,912

5,527

Eliminated on disposal

-

-

(2,931

)

(2,931

)

At 31 March 2025

10,151

11,412

17,314

38,877

NET BOOK VALUE

At 31 March 2025

2,702

2,985

2,604

8,291

At 31 December 2023

3,839

4,913

2,443

11,195

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

COST

At 1 January 2024

and 31 March 2025

21,838

NET BOOK VALUE

At 31 March 2025

21,838

At 31 December 2023

21,838

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.12.23

£

£

Trade debtors

180,341

180,613

Amounts owed by group undertakings

736,438

531,415

Other debtors

558,733

401,110

1,475,512

1,113,138

Other debtors includes prepayments and accrued income of £7,004 (2023: £40,092).

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.12.23

£

£

Trade creditors

46,098

7,713

Amounts owed to group undertakings

769,721

956,336

Taxation and social security

52,383

69,185

Other creditors

613,699

367,197

1,481,901

1,400,431

Other creditors includes accruals and deferred income of £21,074 (2023: £20,617).

8.	OTHER FINANCIAL COMMITMENTS

The total amount of financial commitments, guarantees and contingencies that are not included in the balance sheet is £108,322 (2023: £129,392).

9.	RELATED PARTY DISCLOSURES

The ultimate controlling party is I S Smith.