REGISTERED NUMBER: 06649083 (England and Wales)

HAMMONDS GROUP LIMITED

Unaudited Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Hammonds

C Hammonds

Mrs P M Hammonds

P R Hammonds

REGISTERED OFFICE:

59-61 Charlotte Street

St Pauls Square

Birmingham

West Midlands

B3 1PX

REGISTERED NUMBER:

06649083 (England and Wales)

ACCOUNTANTS:

Michael Dufty Partnership Limited

59-61 Charlotte Street

St Pauls Square

Birmingham

West Midlands

B3 1PX

FIXED ASSETS

Tangible assets

4

437,047

301,039

CURRENT ASSETS

Stocks

67,746

28,317

Debtors

5

253,510

276,919

Cash at bank

191,192

233,412

512,448

538,648

CREDITORS

Amounts falling due within one year

6

312,064

289,033

NET CURRENT ASSETS

200,384

249,615

TOTAL ASSETS LESS CURRENT LIABILITIES

637,431

550,654

CREDITORS

Amounts falling due after more than one year

7

263,561

431,454

NET ASSETS

373,870

119,200

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

372,870

118,200

SHAREHOLDERS' FUNDS

373,870

119,200

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 11 December 2025 and were signed on its behalf by:

A Hammonds - Director

1.	STATUTORY INFORMATION

Hammonds Group 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.

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

The company's principal activity is that of a head office.

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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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

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

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

328,039

Additions

190,008

At 31 March 2025

518,047

DEPRECIATION

At 1 April 2024

27,000

Charge for year

54,000

At 31 March 2025

81,000

NET BOOK VALUE

At 31 March 2025

437,047

At 31 March 2024

301,039

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

492

-

Amounts owed by group undertakings

163,131

163,097

Other debtors

51,084

51,084

Directors' current accounts

15,976

35,034

VAT

22,827

27,704

253,510

276,919

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

78,521

66,400

Hire purchase contracts

69,727

54,728

Trade creditors

10,016

9,669

Amounts owed to group undertakings

99,378

156,502

Social security and other taxes

49,698

834

Directors' current accounts

3,823

-

Accruals and deferred income

1

-

Accrued expenses

900

900

312,064

289,033

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

54,979

50,000

Bank loans - 2-5 years

38,791

125,179

Hire purchase contracts

169,791

256,275

263,561

431,454

8.	CONTINGENT LIABILITIES

The company is party to a cross guarantee for bank borrowings to all subsidiaries companies.

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

P R Hammonds

Balance outstanding at start of year

35,035

-

Amounts advanced

15,976

35,035

Amounts repaid

(35,035

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

15,976

35,035

10.	ULTIMATE CONTROLLING PARTY

The company has no ultimate controlling party due to no shareholder owning more than 51% of the company's shares.