REGISTERED NUMBER: 05405039 (England and Wales)

Glyn Hamer Mill Mix Ltd

Unaudited Financial Statements

for the Year Ended 30 April 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R G Hamer

Mrs H C Hamer

SECRETARY:

Mrs H C Hamer

REGISTERED OFFICE:

Lower Pool Farm

Leysters

Leominster

Herefordshire

HR6 0HW

REGISTERED NUMBER:

05405039 (England and Wales)

ACCOUNTANTS:

Streets Dyke Ruscoe Ltd

110 Corve Street

Ludlow

SHROPSHIRE

SY8 1DJ

FIXED ASSETS

Tangible assets

4

1,337,583

1,007,235

CURRENT ASSETS

Stocks

30,000

30,000

Debtors

5

231,820

219,872

Cash at bank

192,800

133,347

454,620

383,219

CREDITORS

Amounts falling due within one year

6

360,187

299,720

NET CURRENT ASSETS

94,433

83,499

TOTAL ASSETS LESS CURRENT LIABILITIES

1,432,016

1,090,734

CREDITORS

Amounts falling due after more than one year

7

(593,508

)

(371,495

)

PROVISIONS FOR LIABILITIES

(318,569

)

(235,573

)

NET ASSETS

519,939

483,666

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

519,839

483,566

SHAREHOLDERS' FUNDS

519,939

483,666

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

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

The financial statements were approved by the Board of Directors and authorised for issue on 24 November 2025 and were signed on its behalf by:

R G Hamer - Director

Mrs H C Hamer - Director

1.	STATUTORY INFORMATION

Glyn Hamer Mill Mix Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Buildings

-

2% on cost

Improvements to property

-

2% on cost

Plant and machinery

-

20% on reducing balance, 10% on cost, 10% on reducing balance and Straight line over 3 years

Fixtures and fittings

-

20% on reducing balance and 10% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost and 25% on cost

Stocks

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

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 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 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 year was 6 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Buildings

property

machinery

£

£

£

COST

At 1 May 2024

6,000

73,255

2,002,026

Additions

-

49,238

560,594

Disposals

-

-

(171,234

)

At 30 April 2025

6,000

122,493

2,391,386

DEPRECIATION

At 1 May 2024

360

13,163

1,094,070

Charge for year

120

1,739

335,905

Eliminated on disposal

-

-

(171,234

)

At 30 April 2025

480

14,902

1,258,741

NET BOOK VALUE

At 30 April 2025

5,520

107,591

1,132,645

At 30 April 2024

5,640

60,092

907,956

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 May 2024

3,049

41,296

7,275

2,132,901

Additions

-

79,426

3,892

693,150

Disposals

-

-

-

(171,234

)

At 30 April 2025

3,049

120,722

11,167

2,654,817

DEPRECIATION

At 1 May 2024

1,247

10,305

6,521

1,125,666

Charge for year

215

23,703

1,120

362,802

Eliminated on disposal

-

-

-

(171,234

)

At 30 April 2025

1,462

34,008

7,641

1,317,234

NET BOOK VALUE

At 30 April 2025

1,587

86,714

3,526

1,337,583

At 30 April 2024

1,802

30,991

754

1,007,235

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 May 2024

914,488

37,480

951,968

Additions

515,593

63,674

579,267

Transfer to ownership

(498,580

)

-

(498,580

)

At 30 April 2025

931,501

101,154

1,032,655

DEPRECIATION

At 1 May 2024

319,388

9,447

328,835

Charge for year

71,255

20,572

91,827

Transfer to ownership

(153,025

)

-

(153,025

)

At 30 April 2025

237,618

30,019

267,637

NET BOOK VALUE

At 30 April 2025

693,883

71,135

765,018

At 30 April 2024

595,100

28,033

623,133

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

223,073

193,484

Tax

3,414

18,863

Prepayments

5,333

7,525

231,820

219,872

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

80,679

75,377

Hire purchase contracts

167,515

87,136

Trade creditors

5,671

26,060

Tax

9,500

-

Social security and other taxes

7,200

5,514

VAT

52,790

83,056

Other creditors

877

1,668

Directors' current accounts

30,315

15,336

Accrued expenses

5,640

5,573

360,187

299,720

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

97,062

177,741

Hire purchase contracts

496,446

193,754

593,508

371,495

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

177,741

253,118

Hire purchase contracts

663,961

280,890

841,702

534,008

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2025 and 30 April 2024:

2025

2024

£

£

R G Hamer

Balance outstanding at start of year

(7,667

)

60,027

Amounts advanced

98,178

94,950

Amounts repaid

(105,667

)

(162,644

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(15,156

)

(7,667

)

Mrs H C Hamer

Balance outstanding at start of year

(7,669

)

60,025

Amounts advanced

98,178

94,950

Amounts repaid

(105,667

)

(162,644

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(15,158

)

(7,669

)

No repayment terms have been set for the loan included within debtors and no interest has been charged by the company.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R G Hamer.