Company No: 05658766 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	4	12,942		13,289
		12,942		13,289
Current assets
Stocks	5	274,253		26,041
Debtors	6	693		85,619
Cash at bank and in hand		86,537		62,832
		361,483		174,492
Creditors: amounts falling due within one year	7	( 301,506)		( 124,792)
Net current assets		59,977		49,700
Total assets less current liabilities		72,919		62,989
Creditors: amounts falling due after more than one year	8	0		( 6,237)
Net assets		72,919		56,752
Capital and reserves
Called-up share capital	9	10		10
Profit and loss account		72,909		56,742
Total shareholders' funds		72,919		56,752

For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Hamilton Park Limited (registered number: 05658766) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

Peter Andrew Mckillop Director

21 May 2026

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Hamilton Park Limited (the company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 35 Ballards Lane, London, N3 1XW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Statement of Financial Position date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

18 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements that have a significant impact on the amounts recognised. The following are the critical judgements that the directors have made in the process of applying the company’s accounting policies and that have the most significant effect on the amounts recognised in the financial statements.

3. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the company during the year, including directors	2		3

4. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 April 2025	52,692		52,692
Additions	2,045		2,045
At 31 March 2026	54,737		54,737
Accumulated depreciation
At 01 April 2025	39,403		39,403
Charge for the financial year	2,392		2,392
At 31 March 2026	41,795		41,795
Net book value
At 31 March 2026	12,942		12,942
At 31 March 2025	13,289		13,289

5. Stocks

	2026		2025
	£		£
Work in progress	28,461		26,041
Finished goods	245,792		0
	274,253		26,041

A property held as stock is secured by a fixed charge on the property.

6. Debtors

	2026		2025
	£		£
Trade debtors	0		85,619
Other debtors	693		0
	693		85,619

7. Creditors: amounts falling due within one year

	2026		2025
	£		£
Trade creditors	15,242		20,842
CIS withheld	5,017		5,496
Taxation and social security	56,319		79,834
Other creditors	224,928		18,620
	301,506		124,792

8. Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Bank loans	0		6,237

There are no amounts included above in respect of which any security has been given by the small entity.

9. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
10 Ordinary shares of £ 1.00 each	10		10

10. Related party transactions

Transactions with the entity's directors

The company has an asset in stock in which the directors have an a direct interest.

11. Ultimate controlling party

Parent Company:

Hamilton Park Properties Ltd

35 Ballards Lane, London N3 1XW

The ultimate controlling party is S McKillop.