REGISTERED NUMBER: 02338263 (England and Wales)

Hare & Humphreys Limited

Audited Financial Statements

for the Year Ended 31st December 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Director:

Mr T F G Wallerand

Registered office:

27 Kelso Place

Kensington And Chelsea

London

W8 5QG

Registered number:

02338263 (England and Wales)

Auditors:

Nigel Wilson & Co

Accountants & Statutory Auditor

4th Floor

100 Fenchurch Street

London

EC3M 5JD

Accountants:

Wilson Stevens

4th Floor

100 Fenchurch Street

London

EC3M 5JD

Fixed assets

Intangible assets

4

7,462

-

Tangible assets

5

121,364

116,585

128,826

116,585

Current assets

Stocks

38,000

38,681

Debtors

6

1,546,272

1,469,364

Cash at bank and in hand

106,622

203,889

1,690,894

1,711,934

Creditors

Amounts falling due within one year

7

1,345,086

870,645

Net current assets

345,808

841,289

Total assets less current liabilities

474,634

957,874

Provisions for liabilities

-

10,935

Net assets

474,634

946,939

Capital and reserves

Called up share capital

2,000

1,000

Retained earnings

472,634

945,939

Shareholders' funds

474,634

946,939

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1st May 2026 and were signed by:

Mr T F G Wallerand - Director

1.	Statutory information

Hare & Humphreys 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents revenue recognised on the percentage of completion method, measured by the percentage of total costs incurred to date to estimated total costs for each contract. Management consider this to be the best measure of progress on contracts. Amounts are stated, net of value added tax and trade discounts.

Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Improvements to property

-

Over the term of the lease

Plant and machinery

-

25% reducing balance

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% reducing balance

Computer equipment

-

25% reducing balance

Stocks

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

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 24 (2024 - 24 ) .

4.	Intangible fixed assets

Other

intangible

assets

£

Cost

Additions

9,327

At 31st December 2025

9,327

Amortisation

Charge for year

1,865

At 31st December 2025

1,865

Net book value

At 31st December 2025

7,462

5.	Tangible fixed assets

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

Cost

At 1st January 2025

153,899

55,716

22,456

Additions

66,970

496

16,181

Disposals

(153,899

)

(45,955

)

(12,388

)

At 31st December 2025

66,970

10,257

26,249

Depreciation

At 1st January 2025

61,747

46,576

13,197

Charge for year

6,697

1,211

6,562

Eliminated on disposal

(61,747

)

(40,979

)

(8,764

)

At 31st December 2025

6,697

6,808

10,995

Net book value

At 31st December 2025

60,273

3,449

15,254

At 31st December 2024

92,152

9,140

9,259

Motor

Computer

vehicles

equipment

Totals

£

£

£

Cost

At 1st January 2025

-

22,035

254,106

Additions

37,476

14,472

135,595

Disposals

-

(12,942

)

(225,184

)

At 31st December 2025

37,476

23,565

164,517

Depreciation

At 1st January 2025

-

16,001

137,521

Charge for year

9,369

4,883

28,722

Eliminated on disposal

-

(11,600

)

(123,090

)

At 31st December 2025

9,369

9,284

43,153

Net book value

At 31st December 2025

28,107

14,281

121,364

At 31st December 2024

-

6,034

116,585

6.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

915,491

866,169

Amounts owed by group undertakings

10,266

504,362

Other debtors

620,515

98,833

1,546,272

1,469,364

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

236,224

190,300

Amounts owed to group undertakings

469,763

134,772

Taxation and social security

148,807

115,630

Other creditors

490,292

429,943

1,345,086

870,645

8.	Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

147,990

47,500

Between one and five years

261,857

158,622

409,847

206,122

9.	Disclosure under Section 444(5B) of the Companies Act 2006

The Report of the Auditors was unqualified.

David Hatchard BA FCA (Senior Statutory Auditor)

for and on behalf of Nigel Wilson & Co

10.	Ultimate controlling party

The ultimate parent company is ADF Capital SAS, a company incorporated in France.

Consolidated accounts are prepared and available from ADF Capital SAS, 12, rue du Parc Royal, 75003, Paris.

The directors consider there is no one ultimate controlling party.