HERMIT LTD - Accounts

HERMIT LTD
Contents Page
For the year ended 31 August 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

HERMIT LTD Accountants' Report For the year ended 31 August 2025
Accountant’s report You consider that the company is exempt from an audit for the year ended 31 August 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. Dinson & Co 31 August 2025 .................................................... Dinson & Co Office 11, 3 Hawksworth street, Renewal Trust Business Centre NG3 2EG 06 May 2026 1

HERMIT LTD
Accountants' Report
For the year ended 31 August 2025

Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 August 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Dinson & Co
31 August 2025

....................................................

Dinson & Co
Office 11, 3 Hawksworth street,
Renewal Trust Business Centre
NG3 2EG
06 May 2026

1

HERMIT LTD
Statement of Financial Position
As at 31 August 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	9,030	11,013
		9,030	11,013
Current assets
Stocks		632	900
Debtors		13,267	34,942
Cash at bank and in hand		(996)	1,584
		12,903	37,426
Creditors: amount falling due within one year		(12,837)	(15,812)
Net current assets		66	21,614

Total assets less current liabilities		9,096	32,627
Creditors: amount falling due after more than one year		(6,894)	(12,151)
Net assets		2,202	20,476

Capital and reserves
Called up share capital	4	1	1
Profit and loss account		2,201	20,475
Shareholders' funds		2,202	20,476

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

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

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

The financial statements were approved by the director on 06 May 2026 and were signed by:

-------------------------------
Andrew Stephen Edwin Luck
Director

2

HERMIT LTD
Notes to the Abridged Financial Statements
For the year ended 31 August 2025

General Information

HERMIT LTD is a private company, limited by shares, registered in England and Wales, registration number 11517548, registration address 1 SNEINTON HERMITAGE, NOTTINGHAM NOTTINGHAMSHIRE, NG2 4BT.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Photography Equipment	18% Reducing Balance
Motor Vehicles	18% Reducing Balance
Furniture and Fixtures	18% Reducing Balance
Computer Equipment	18% 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. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 1 (2024 : 1).

3.

Tangible fixed assets

Cost or valuation	Photography Equipment	Motor Vehicles	Furniture and Fixtures	Computer Equipment	Total
	£	£	£	£	£
At 01 September 2024	1,161	15,817	605	3,572	21,155
Additions	-	-	-	-	-
Disposals	-	-	-	-	-
At 31 August 2025	1,161	15,817	605	3,572	21,155
Depreciation
At 01 September 2024	808	7,096	331	1,907	10,142
Charge for year	64	1,570	49	300	1,983
On disposals	-	-	-	-	-
At 31 August 2025	872	8,666	380	2,207	12,125
Net book values
Closing balance as at 31 August 2025	289	7,151	225	1,365	9,030
Opening balance as at 01 September 2024	353	8,721	274	1,665	11,013

4.

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
1 Ordinary share of £1.00 each	1		1
	1		1

3

Registered Number: 11517548
England and Wales
HERMIT LTD

Abridged Accounts

Period of accounts Start date: 01 September 2024 End date: 31 August 2025