REGISTERED NUMBER: 07056994 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

HAMMERWOOD REFURB AND MAINTENANCE

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

6

DIRECTOR:

A J Cooney

REGISTERED OFFICE:

Century Cottage

Byres Lane

South Godstone

Surrey

RH9 8JH

REGISTERED NUMBER:

07056994 (England and Wales)

ACCOUNTANTS:

Ashdown Hurrey

Chartered Accountants & Business Advisers

20 Havelock Road

Hastings

East Sussex

TN34 1BP

FIXED ASSETS

Tangible assets

4

24,718

32,993

CURRENT ASSETS

Stocks

18,000

18,000

Debtors

5

139,325

147,641

Cash at bank

10,160

2,114

167,485

167,755

CREDITORS

Amounts falling due within one year

6

278,721

271,752

NET CURRENT LIABILITIES

(111,236

)

(103,997

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(86,518

)

(71,004

)

CREDITORS

Amounts falling due after more than one year

7

14,198

29,230

NET LIABILITIES

(100,716

)

(100,234

)

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

(100,719

)

(100,237

)

SHAREHOLDERS' FUNDS

(100,716

)

(100,234

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 14 May 2026 and were signed by:

A J Cooney - Director

1.	STATUTORY INFORMATION

Hammerwood Refurb and Maintenance 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The director has made an assessment about the company's ability to continue as a going concern and while technically insolvent has confirmed his continued ongoing support of the business.

The director is therefore satisfied that the company can continue in operational existence and meet its liabilities as they fall due for the foreseeable future.

As a result the going concern basis of accounting has been adopted.

Turnover

Turnover represents fair value of consideration received or receivable from construction services, excluding discounts, rebates and value added tax.

Turnover is recognised as agreed contract stages are completed.

Tangible fixed assets

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

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost and 10% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 November 2024

and 31 October 2025

91,871

17,779

33,250

6,455

149,355

DEPRECIATION

At 1 November 2024

91,133

5,310

14,547

5,372

116,362

Charge for year

738

2,456

4,676

405

8,275

At 31 October 2025

91,871

7,766

19,223

5,777

124,637

NET BOOK VALUE

At 31 October 2025

-

10,013

14,027

678

24,718

At 31 October 2024

738

12,469

18,703

1,083

32,993

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

as restated

£

£

Trade debtors

1,825

5,866

Prepayments and accrued income

137,500

141,775

139,325

147,641

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

as restated

£

£

Bank loans and overdrafts

8,938

35,641

Hire purchase contracts

6,246

9,518

Trade creditors

101,907

69,939

Social security and other taxes

20,248

17,548

VAT

105,173

63,838

Other creditors

23,342

40,314

Directors' current accounts

9,517

30,964

Accrued expenses

3,350

3,990

278,721

271,752

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

as restated

£

£

Bank loans - 1-2 years

-

8,786

Hire purchase contracts

14,198

20,444

14,198

29,230

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.10.25

31.10.24

as restated

£

£

Bank overdraft

-

22,734

Hire purchase contracts

20,444

29,962

20,444

52,696

Barclays Security Trustee Limited holds fixed and floating charges over the company's assets and undertakings in respect of overdraft facility provided.

This charge was registered 28 January 2019.

Hire purchase loans are secured against the underlying asset, being works vans - included within the companies plant and machinery assets.

9.	RELATED PARTY DISCLOSURES

A balance of £9,517 (2024: £30,964) was owed to the director, Mr A J Cooney. No interest was charged on this amount and it is payable upon demand.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Hammerwood Refurb and Maintenance Limited for the year ended 31 October 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at icaew.com/membershandbook.

This report is made solely to the director of Hammerwood Refurb and Maintenance Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Hammerwood Refurb and Maintenance Limited and state those matters that we have agreed to state to the director of Hammerwood Refurb and Maintenance Limited in this report in accordance with icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hammerwood Refurb and Maintenance Limited and its director for our work or for this report.

It is your duty to ensure that Hammerwood Refurb and Maintenance Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Hammerwood Refurb and Maintenance Limited. You consider that Hammerwood Refurb and Maintenance Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Hammerwood Refurb and Maintenance Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Ashdown Hurrey

Chartered Accountants & Business Advisers

20 Havelock Road

Hastings

East Sussex

TN34 1BP

15 May 2026