PJ Hambrook Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08190289

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		5,600,000		5,600,000

			5,600,000		5,600,000
CURRENT ASSETS
Stocks	6	1,277,920		1,234,820
Debtors	7	19,841		52,221
Cash at bank and in hand		5,344		5,104

		1,303,105		1,292,145
Creditors: Amounts Falling Due Within One Year	8	(3,350,573 )		(3,220,999 )

NET CURRENT ASSETS (LIABILITIES)			(2,047,468 )		(1,928,854 )

TOTAL ASSETS LESS CURRENT LIABILITIES			3,552,532		3,671,146

Creditors: Amounts Falling Due After More Than One Year	9		(14,503 )		(24,994 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(1,278,197 )		(1,278,197 )

NET ASSETS			2,259,832		2,367,955

CAPITAL AND RESERVES
Called up share capital	12		1		1
Revaluation reserve	13		3,834,591		3,834,591
Profit and Loss Account			(1,574,760 )		(1,466,637 )

SHAREHOLDERS' FUNDS			2,259,832		2,367,955

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PJ Hambrook Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 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 Paul Calvesbert

Director

01/12/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

PJ Hambrook Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08190289 . The registered office is Southsea Leisure Park, Melville Road, Southsea, Hampshire, PO4 9TB.

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.

Sale of goods

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.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Tangible Fixed Assets and Depreciation

Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:

Plant & Machinery

25% on cost

Land & Buildings: Land and Buildings are initially recognised at cost and revalued where applicable.

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

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PJ Hambrook Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	380,000

As at 31 March 2025	380,000

Amortisation
As at 1 April 2024	380,000

As at 31 March 2025	380,000

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	-

5. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Total
	£	£	£
Cost
As at 1 April 2024	5,600,000	183,465	5,783,465

As at 31 March 2025	5,600,000	183,465	5,783,465

Depreciation
As at 1 April 2024	-	183,465	183,465

As at 31 March 2025	-	183,465	183,465

Net Book Value
As at 31 March 2025	5,600,000	-	5,600,000

As at 1 April 2024	5,600,000	-	5,600,000

6. Stocks

	2025	2024
	£	£
Stock	1,277,920	1,234,820

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	3,309	3,309
Other debtors	16,532	48,912

	19,841	52,221

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PJ Hambrook Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	113,576
Trade creditors	538,152	772,819
Amounts owed to group undertakings	2,809,590	2,331,837
Other creditors	2,734	2,767
Taxation and social security	97	-

	3,350,573	3,220,999

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	14,503	24,994

10. Secured Creditors

The company has a fixed and floating charge over the assets of the company in favour of Lloyds Bank PLC in relation to it's immediate Holding Company, PJ Holdings (UK) Ltd's facility.

11. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	-	113,576

12. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

13. Reserves

	Revaluation Reserve
	£
As at 1 April 2024	3,834,591

As at 31 March 2025	3,834,591

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