REGISTERED NUMBER: 00419160 (England and Wales)

JOHN C.HADJIPATERAS AND SONS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company information

1

Statement of financial position

2

Notes to the financial statements

4

Directors:

J M Hadjipateras

J P Hadjipateras

Secretary:

J P Hadjipateras

Registered office:

24 Baltic Street West

London

EC1Y 0UR

Registered number:

00419160 (England and Wales)

Fixed assets

Tangible assets

5

51

60

Current assets

Debtors

6

121,567

107,086

Cash at bank

7,289

770

128,856

107,856

Creditors

Amounts falling due within one year

7

90,525

151,453

Net current assets/(liabilities)

38,331

(43,597

)

Total assets less current liabilities

38,382

(43,537

)

Capital and reserves

Called up share capital

50,002

50,002

Retained earnings

(11,620

)

(93,539

)

Shareholders' funds

38,382

(43,537

)

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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

J M Hadjipateras - Director

J P Hadjipateras - Director

1.	Statutory information

John C.Hadjipateras and Sons 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.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Critical accounting judgements and key sources of estimation uncertainty

The directors consider that there are no key judgements that management have made in the process of applying the company's accounting policies and that may have had a significant effect on the amounts recognised in the financial statements.

Turnover

Turnover represents brokerage commissions, agency fees, representation fees, and other commissions recognised in accordance with the terms of the charter party or agency agreement as applicable.

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

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Going concern

These financial statements are prepared on a going concern basis which contemplates the realisation of assets and the settlement of liabilities in the ordinary course of business.

4.	Employees and directors

The average number of employees during the year was 3 (2024 - 3 ) .

5.	Tangible fixed assets

Fixtures

Company

and

Computer

website

fittings

equipment

Totals

£

£

£

£

Cost

At 1 April 2024

and 31 March 2025

7,000

280

2,836

10,116

Depreciation

At 1 April 2024

7,000

220

2,836

10,056

Charge for year

-

9

-

9

At 31 March 2025

7,000

229

2,836

10,065

Net book value

At 31 March 2025

-

51

-

51

At 31 March 2024

-

60

-

60

6.

Debtors: amounts falling due within one year

2025

2024

£

£

Other debtors

57,433

43,639

Corporation tax

1,832

1,832

VAT

699

1,680

Deferred tax asset

47,223

52,451

Prepayments

14,380

7,484

121,567

107,086

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

81,804

127,725

Social security and other taxes

-

(717

)

Other creditors

4,618

19,581

Accrued expenses

4,103

4,864

90,525

151,453

8.	Deferred tax

£

Balance at 1 April 2024

(52,451

)

Accelerated capital allowances

2

Unrelieved tax losses

5,226

Balance at 31 March 2025

(47,223

)

9.	Ultimate controlling party

The Company was controlled throughout the year by John M Hadjipateras and Maria P Hadjipateras by virtue of their shareholding.