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Registered number: 02497027
Hampstead Bazaar Limited
Unaudited Financial Statements
For The Year Ended 30 April 2025
Farringdon & Co
Chartered Accountants
176 Franciscan Road
London
SW17 8HH
Hampstead Bazaar Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Hampstead Bazaar Limited
Balance Sheet
As At 30 April 2025
Balance Sheet
Registered number: 02497027

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 560 |  | 640
Tangible Assets | 5 |  | 5,745 |  | 7,306
Investment Properties | 6 |  | 1,500,000 |  | 1,500,000
|  |  | 1,506,305 |  | 1,507,946
CURRENT ASSETS
Stocks | 7 | 62,002 |  | 72,568 |
Debtors | 8 | 297,757 |  | 271,932 |
Cash at bank and in hand |  | 31,448 |  | 99,882 |
|  | 391,207 |  | 444,382 |
Creditors: Amounts Falling Due Within One Year | 9 | (44,385 ) |  | (54,667 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 346,822 |  | 389,715
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,853,127 |  | 1,897,661
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (125,958 ) |  | (125,958 )
NET ASSETS |  |  | 1,727,169 |  | 1,771,703
CAPITAL AND RESERVES
Called up share capital | 10 |  | 100 |  | 100
Revaluation reserve | 11 |  | 765,392 |  | 765,392
Profit and Loss Account |  |  | 961,677 |  | 1,006,211
SHAREHOLDERS' FUNDS |  |  | 1,727,169 |  | 1,771,703

Page 1
Page 2
Hampstead Bazaar Limited
Balance Sheet (continued)
As At 30 April 2025
For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr M S Khan Director
06/12/2025

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Hampstead Bazaar Limited
Notes to the Financial Statements
For The Year Ended 30 April 2025
Notes to the Financial Statements
1. General Information
Hampstead Bazaar Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02497027 . The registered office is 176 Franciscan Road, London, SW17 8HH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Revenue from rents is recognised by reference to the due date for collection.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.
Amortisation is recognised so as to write off the cost or valuation of the assents less their residual values over their useful lives on the following bases:
Trademark: amortised over 10 years
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold | over the term of lease
Plant & Machinery | 33% reducing balance

2.5. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
Page 3
Page 4
Hampstead Bazaar Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
2.6. Stocks and Work in Progress
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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 3)
3 3
Page 4
Page 5
Hampstead Bazaar Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
4. Intangible Assets

| Other
--- | ---
| £
Cost
As at 1 May 2024 | 800
As at 30 April 2025 | 800
Amortisation
As at 1 May 2024 | 160
Provided during the period | 80
As at 30 April 2025 | 240
Net Book Value
As at 30 April 2025 | 560
As at 1 May 2024 | 640

5. Tangible Assets

| Land & Property
--- | ---
| Leasehold | Plant & Machinery | Total
| £ | £ | £
Cost
As at 1 May 2024 | 55,292 | 101,087 | 156,379
As at 30 April 2025 | 55,292 | 101,087 | 156,379
Depreciation
As at 1 May 2024 | 55,292 | 93,781 | 149,073
Provided during the period | - | 1,561 | 1,561
As at 30 April 2025 | 55,292 | 95,342 | 150,634
Net Book Value
As at 30 April 2025 | - | 5,745 | 5,745
As at 1 May 2024 | - | 7,306 | 7,306

6. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 1 May 2024 and 30 April 2025 | 1,500,000

Page 5
Page 6
Hampstead Bazaar Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
7. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Finished goods | 62,002 |  | 72,568

8. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | 297,757 |  | 271,932

9. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | - |  | 8,462
Other creditors | 40,003 |  | 41,821
Taxation and social security | 4,382 |  | 4,384
| 44,385 |  | 54,667

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

11. Reserves

| Revaluation Reserve
--- | ---
| £
As at 1 May 2024 | 765,392
As at 30 April 2025 | 765,392

Page 6