Silverfin false false 31/03/2026 01/04/2025 31/03/2026 J Hamilton 15/05/2018 07 August 2026 no description of principal activity 11361358 2026-03-31 11361358 bus:Director1 2026-03-31 11361358 2025-03-31 11361358 core:CurrentFinancialInstruments 2026-03-31 11361358 core:CurrentFinancialInstruments 2025-03-31 11361358 core:Non-currentFinancialInstruments 2026-03-31 11361358 core:Non-currentFinancialInstruments 2025-03-31 11361358 core:ShareCapital 2026-03-31 11361358 core:ShareCapital 2025-03-31 11361358 core:RetainedEarningsAccumulatedLosses 2026-03-31 11361358 core:RetainedEarningsAccumulatedLosses 2025-03-31 11361358 core:PlantMachinery 2025-03-31 11361358 core:Vehicles 2025-03-31 11361358 core:PlantMachinery 2026-03-31 11361358 core:Vehicles 2026-03-31 11361358 2025-04-01 2026-03-31 11361358 bus:FilletedAccounts 2025-04-01 2026-03-31 11361358 bus:SmallEntities 2025-04-01 2026-03-31 11361358 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 11361358 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 11361358 bus:Director1 2025-04-01 2026-03-31 11361358 core:PlantMachinery 2025-04-01 2026-03-31 11361358 core:Vehicles 2025-04-01 2026-03-31 11361358 2024-04-01 2025-03-31 11361358 core:Non-currentFinancialInstruments 2025-04-01 2026-03-31 iso4217:GBP xbrli:pure

Company No: 11361358 (England and Wales)

# HAMILTON RILEY LIMITED

### Unaudited Financial Statements
For the financial year ended 31 March 2026
Pages for filing with the registrar

HAMILTON RILEY LIMITED

## Unaudited Financial Statements

For the financial year ended 31 March 2026

Contents

HAMILTON RILEY LIMITED

## STATEMENT OF FINANCIAL POSITION

As at 31 March 2026
HAMILTON RILEY LIMITED

## STATEMENT OF FINANCIAL POSITION (continued)

As at 31 March 2026

| Note | 2026 |  | 2025
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 4 | 354,390 |  | 331,491
|  | 354,390 |  | 331,491
Current assets |  |  |  |
Debtors |  |  |  |
- due within one year | 5 | 215,413 |  | 106,126
- due after more than one year | 5 | 5,500 |  | 0
Cash at bank and in hand |  | 86,236 |  | 102,807
|  | 307,149 |  | 208,933
Creditors: amounts falling due within one year | 6 | ( 248,564) |  | ( 118,350)
Net current assets |  | 58,585 |  | 90,583
Total assets less current liabilities |  | 412,975 |  | 422,074
Creditors: amounts falling due after more than one year | 7 | ( 73,327) |  | ( 82,708)
Provision for liabilities |  | ( 72,120) |  | ( 72,793)
Net assets |  | 267,528 |  | 266,573
Capital and reserves |  |  |  |
Called-up share capital |  | 1 |  | 1
Profit and loss account |  | 267,527 |  | 266,572
Total shareholder's funds |  | 267,528 |  | 266,573

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.

Director's responsibilities:

- The member has not required the Company to obtain an audit of its financial statements for the financial year 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 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 Income Statement has not been delivered.

The financial statements of Hamilton Riley Limited (registered number: 11361358) were approved and authorised for issue by the Director. They were signed on its behalf by:

J Hamilton Director |

07 August 2026

HAMILTON RILEY LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2026
HAMILTON RILEY LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 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 Riley 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 65 Allison Bank Geoffrey Watling Way, Norwich, NR1 1GW, 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 £.

##### 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.

##### Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Income Statement in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Statement of Financial Position.

##### Finance costs

Finance costs are charged to the Income Statement over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

##### 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.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

##### 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 | 15 % reducing balance
Vehicles | 25 % 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.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

##### Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Statement of Financial Position date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).
When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

#### 2. Prior year adjustment

During the year, prior year comparative figures have been reclassified to improve consistency of presentation. Equipment hire costs of £65,626 have been reclassified from cost of sales to administrative expenses, and staff pension costs of £2,945 have been reclassified from administrative expenses to cost of sales in line with wages and salaries. These reclassifications have no net impact on the profit or loss.

#### 3. Employees

| 2026 |  | 2025
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including the director | 9 |  | 7

#### 4. Tangible assets

| Plant and machinery |  | Vehicles |  | Total
| £ |  | £ |  | £
Cost |  |  |  |  |
At 01 April 2025 | 398,246 |  | 144,808 |  | 543,054
Additions | 19,765 |  | 85,284 |  | 105,049
Disposals | 0 |  | ( 48,905) |  | ( 48,905)
At 31 March 2026 | 418,011 |  | 181,187 |  | 599,198
Accumulated depreciation |  |  |  |  |
At 01 April 2025 | 143,549 |  | 68,014 |  | 211,563
Charge for the financial year | 39,124 |  | 23,481 |  | 62,605
Disposals | 0 |  | ( 29,360) |  | ( 29,360)
At 31 March 2026 | 182,673 |  | 62,135 |  | 244,808
Net book value |  |  |  |  |
At 31 March 2026 | 235,338 |  | 119,052 |  | 354,390
At 31 March 2025 | 254,697 |  | 76,794 |  | 331,491
Leased assets included above: |  |  |  |  |
Net book value |  |  |  |  |
At 31 March 2026 | 75,370 |  | 76,702 |  | 152,072
At 31 March 2025 | 152,871 |  | 63,217 |  | 216,088

#### 5. Debtors

| 2026 |  | 2025
| £ |  | £
Debtors: amounts falling due within one year |  |  |
Trade debtors | 159,417 |  | 85,403
Amounts owed by director | 30,432 |  | 6,620
Prepayments | 15,495 |  | 11,053
Other debtors | 10,069 |  | 3,050
| 215,413 |  | 106,126
Debtors: amounts falling due after more than one year |  |  |
Other debtors | 5,500 |  | 0

#### 6. Creditors: amounts falling due within one year

| 2026 |  | 2025
| £ |  | £
Bank loans | 2,500 |  | 9,757
Trade creditors | 161,687 |  | 16,693
Accruals | 1,892 |  | 1,213
Corporation tax | 10,482 |  | 4,176
Other taxation and social security | 30,560 |  | 38,690
Obligations under finance leases and hire purchase contracts (secured) | 35,338 |  | 41,169
Other creditors | 6,105 |  | 6,652
| 248,564 |  | 118,350

The hire purchase contracts are secured against the assets which they are funding.

#### 7. Creditors: amounts falling due after more than one year

| 2026 |  | 2025
| £ |  | £
Bank loans | 0 |  | 2,743
Obligations under finance leases and hire purchase contracts (secured) | 73,327 |  | 79,965
| 73,327 |  | 82,708

The hire purchase contracts are secured against the assets which they are funding.

#### 8. Financial commitments

Pensions

The Company operates a defined contribution pension scheme for the director and employees. The assets of the scheme are held separately from those of the Company in an independently administered fund.

| 2026 |  | 2025
| £ |  | £
Unpaid contributions due to the fund (inc. in other creditors) | 793 |  | 624

#### 9. Related party transactions

Transactions with the entity's director

At the year end the director owed the company £30,432 (2025: £6,620) this is shown within Amounts owed by directors. Amounts advanced to the director during the year amounted to £30,432, amount repaid in the year totalled to £6,620.