HAMMERSTONES LIMITED

Company Registration Number:
02570331 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

HAMMERSTONES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

HAMMERSTONES LIMITED

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 7,149 1,911
Investments: 4 733,500 733,500
Total fixed assets: 740,649 735,411
Current assets
Debtors:   4,538 37,804
Cash at bank and in hand: 61,410 107,319
Total current assets: 65,948 145,123
Creditors: amounts falling due within one year:   (221,609) (297,020)
Net current assets (liabilities): (155,661) (151,897)
Total assets less current liabilities: 584,988 583,514
Provision for liabilities: (20,848) (20,848)
Total net assets (liabilities): 564,140 562,666
Capital and reserves
Called up share capital: 145,564 145,564
Revaluation reserve:593,54493,544
Profit and loss account: 325,032 323,558
Shareholders funds: 564,140 562,666

The notes form part of these financial statements

HAMMERSTONES LIMITED

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 16 December 2025
and signed on behalf of the board by:

Name: A O Jagger
Status: Director

The notes form part of these financial statements

HAMMERSTONES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Plant and machinery 15% reducing balance

Other accounting policies

Taxation current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

HAMMERSTONES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 3 3

HAMMERSTONES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible Assets

Total
Cost £
At 01 April 2024 19,595
Additions 6,500
At 31 March 2025 26,095
Depreciation
At 01 April 2024 17,684
Charge for year 1,262
At 31 March 2025 18,946
Net book value
At 31 March 2025 7,149
At 31 March 2024 1,911

HAMMERSTONES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Fixed investments

Cost 1 April 2024 and 31 March 2025 £733,500

HAMMERSTONES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Revaluation reserve

2025
£
Balance at 01 April 2024 93,544
Surplus or deficit after revaluation 0
Balance at 31 March 2025 93,544