REGISTERED NUMBER: 07730601 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

HAMER HOMES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

P L Kane Hamer

D J I Hamer

Registered office:

14 Palace Road

East Molesey

Surrey

KT8 9DL

Registered number:

07730601 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Fixed assets

Tangible assets

4

7,053

9,948

Current assets

Stocks

5

500,000

585,000

Debtors

6

55,900

64,879

Cash at bank

82,308

30,721

638,208

680,600

Creditors

Amounts falling due within one year

7

53,266

55,211

Net current assets

584,942

625,389

Total assets less current liabilities

591,995

635,337

Capital and reserves

Called up share capital

8

1,000

1,000

Retained earnings

9

590,995

634,337

Shareholders' funds

591,995

635,337

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 December 2025 and were signed on its behalf by:

D J I Hamer - Director

1.	Statutory information

Hamer Homes 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.

Key source of estimation, uncertainty and judgement

The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

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.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% straight line

Stocks

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

Stocks of developments in progress or complete and unsold at the balance sheet date are valued at the lower of cost and net realisable value.

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Foreign currencies

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.

3.	Employees and directors

The average number of employees during the year was NIL (2023 - NIL).

4.	Tangible fixed assets

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

Cost

At 1 January 2024

and 31 December 2024

14,643

6,773

21,416

Depreciation

At 1 January 2024

5,780

5,688

11,468

Charge for year

2,216

679

2,895

At 31 December 2024

7,996

6,367

14,363

Net book value

At 31 December 2024

6,647

406

7,053

At 31 December 2023

8,863

1,085

9,948

5.

Stocks

2024

2023

£

£

Stocks

500,000

585,000

6.

Debtors: amounts falling due within one year

2024

2023

£

£

Other debtors

55,900

64,879

7.

Creditors: amounts falling due within one year

2024

2023

£

£

Trade creditors

-

2,306

VAT

32,345

24,415

Directors' current accounts

18,921

13,903

Accrued expenses

2,000

14,587

53,266

55,211

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1,000

ordinary shares

1

1,000

1,000

9.

Reserves

Retained

earnings

£

At 1 January 2024

634,337

Deficit for the year

(43,342

)

At 31 December 2024

590,995