Hasham & Sons Ltd.

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

Registered number: 10160633

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		8,096		10,795

			8,096		10,795
CURRENT ASSETS
Stocks	5	184,951		128,316
Debtors	6	7,028		32,609
Cash at bank and in hand		9,524		457

		201,503		161,382
Creditors: Amounts Falling Due Within One Year	7	(171,716 )		(129,866 )

NET CURRENT ASSETS (LIABILITIES)			29,787		31,516

TOTAL ASSETS LESS CURRENT LIABILITIES			37,883		42,311

Creditors: Amounts Falling Due After More Than One Year	8		(613 )		(1,210 )

NET ASSETS			37,270		41,101

CAPITAL AND RESERVES
Called up share capital	10		5		5
Profit and Loss Account			37,265		41,096

SHAREHOLDERS' FUNDS			37,270		41,101

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Hasham & Sons Ltd.

Balance Sheet (continued)

As At 31 May 2025

For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 Mohamed Hasham

Director

27/02/2026

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

1. General Information

Hasham & Sons Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 10160633 . The registered office is 13A Chiltern Court, Asheridge Road, Chesham, Buckinghamshire, HP5 2PX.

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. 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.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% on written down value
Motor Vehicles	25% on written down value

2.4. 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.

2.5. 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.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2024: 2)

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Hasham & Sons Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 June 2024	2,600	14,800	17,400

As at 31 May 2025	2,600	14,800	17,400

Depreciation
As at 1 June 2024	130	6,475	6,605
Provided during the period	618	2,081	2,699

As at 31 May 2025	748	8,556	9,304

Net Book Value
As at 31 May 2025	1,852	6,244	8,096

As at 1 June 2024	2,470	8,325	10,795

5. Stocks

	2025	2024
	£	£
Materials	184,951	128,316

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	7,028	14,787
Prepayments and accrued income	-	17,822

	7,028	32,609

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	3,840	7,540
Trade creditors	105,235	67,394
Bank loans and overdrafts	32,718	24,183
Corporation tax	-	1,735
Other taxes and social security	1,134	-
VAT	2,311	4,588
Other creditors	-	7,748
Accruals and deferred income	3,500	750
Director's loan account	22,978	15,928

	171,716	129,866

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Hasham & Sons Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

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

	2025	2024
	£	£
Bank loans	613	1,210

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	3,840	7,540

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	5	5

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