Silverfin false false 31/12/2025 01/12/2024 31/12/2025 Mr C A M Blake 12/08/2020 Mr D C Hammond 08/06/1992 Mr H C Hammond 05/10/2025 24 August 2026 The principal activity of the company is that of precision engineering. 00779611 2025-12-31 00779611 bus:Director1 2025-12-31 00779611 bus:Director2 2025-12-31 00779611 bus:Director3 2025-12-31 00779611 2024-11-30 00779611 core:CurrentFinancialInstruments 2025-12-31 00779611 core:CurrentFinancialInstruments 2024-11-30 00779611 core:Non-currentFinancialInstruments 2025-12-31 00779611 core:Non-currentFinancialInstruments 2024-11-30 00779611 core:ShareCapital 2025-12-31 00779611 core:ShareCapital 2024-11-30 00779611 core:RetainedEarningsAccumulatedLosses 2025-12-31 00779611 core:RetainedEarningsAccumulatedLosses 2024-11-30 00779611 core:PlantMachinery 2024-11-30 00779611 core:FurnitureFittings 2024-11-30 00779611 core:PlantMachinery 2025-12-31 00779611 core:FurnitureFittings 2025-12-31 00779611 bus:OrdinaryShareClass1 2025-12-31 00779611 bus:OrdinaryShareClass2 2025-12-31 00779611 core:WithinOneYear 2025-12-31 00779611 core:WithinOneYear 2024-11-30 00779611 core:BetweenOneFiveYears 2025-12-31 00779611 core:BetweenOneFiveYears 2024-11-30 00779611 2024-12-01 2025-12-31 00779611 bus:FilletedAccounts 2024-12-01 2025-12-31 00779611 bus:SmallEntities 2024-12-01 2025-12-31 00779611 bus:AuditExemptWithAccountantsReport 2024-12-01 2025-12-31 00779611 bus:PrivateLimitedCompanyLtd 2024-12-01 2025-12-31 00779611 bus:Director1 2024-12-01 2025-12-31 00779611 bus:Director2 2024-12-01 2025-12-31 00779611 bus:Director3 2024-12-01 2025-12-31 00779611 core:PlantMachinery 2024-12-01 2025-12-31 00779611 core:FurnitureFittings 2024-12-01 2025-12-31 00779611 2023-12-01 2024-11-30 00779611 bus:OrdinaryShareClass1 2024-12-01 2025-12-31 00779611 bus:OrdinaryShareClass1 2023-12-01 2024-11-30 00779611 bus:OrdinaryShareClass2 2024-12-01 2025-12-31 00779611 bus:OrdinaryShareClass2 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 00779611 (England and Wales)

# HAMMOND & COMPANY LTD

### Unaudited Financial Statements
For the financial period from 01 December 2024 to 31 December 2025
Pages for filing with the registrar

HAMMOND & COMPANY LTD

## Unaudited Financial Statements

For the financial period from 01 December 2024 to 31 December 2025

Contents

HAMMOND & COMPANY LTD

## BALANCE SHEET

As at 31 December 2025
HAMMOND & COMPANY LTD

## BALANCE SHEET (continued)

As at 31 December 2025

| Note | 31.12.2025 |  | 30.11.2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 44,345 |  | 55,789
|  | 44,345 |  | 55,789
Current assets |  |  |  |
Stocks |  | 244,400 |  | 244,837
Debtors |  |  |  |
- due within one year | 4 | 158,193 |  | 355,005
- due after more than one year | 4 | 15,738 |  | 0
Cash at bank and in hand |  | 86,240 |  | 60,488
|  | 504,571 |  | 660,330
Creditors: amounts falling due within one year | 5, 8 | ( 66,789) |  | ( 38,627)
Net current assets |  | 437,782 |  | 621,703
Total assets less current liabilities |  | 482,127 |  | 677,492
Provision for liabilities |  | ( 10,610) |  | ( 12,120)
Net assets |  | 471,517 |  | 665,372
Capital and reserves |  |  |  |
Called-up share capital | 6 | 2,000 |  | 2,000
Profit and loss account |  | 469,517 |  | 663,372
Total shareholder's funds |  | 471,517 |  | 665,372

For the financial period ending 31 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The member has not required the Company to obtain an audit of its financial statements for the financial period 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 Hammond & Company Ltd (registered number: 00779611) were approved and authorised for issue by the Board of Directors on 24 August 2026. They were signed on its behalf by:

Mr D C Hammond Director |

HAMMOND & COMPANY LTD

## NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 December 2024 to 31 December 2025
HAMMOND & COMPANY LTD

## NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 December 2024 to 31 December 2025

##### 1. Accounting policies

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

##### General information and basis of accounting

Hammond & Company Ltd (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 Centenary House Peninsula Park, Rydon Ln, Exeter, EX2 7XE, United Kingdom. The principal place of business is Bury Farm, Church Street, Hemel Hempstead, HP3 0LU, Hertfordshire.
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 £.

##### Reporting period length

The directors have taken the decision to change the company's accounting date to 31 December. The period reported covers the 13 month period from 1 December 2024 to 31 December 2025. The comparatives are therefore not comparable (due to the extended period this year).

##### 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 Balance Sheet date are reported at the rates of exchange prevailing at that date.

##### Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
Turnover from the sale of goods is recognised when the goods are physically delivered 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 Balance Sheet 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 tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

##### 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 reducing balance as follows:

Plant and machinery | 20 % reducing balance
Fixtures and fittings | 10 % 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.

##### Leases

The Company as lessee
Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet 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 net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.
At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

##### 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 Balance Sheet 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. Employees

| Period from 01.12.2024 to 31.12.2025 |  | Year ended 30.11.2024
| Number |  | Number
Monthly average number of persons employed by the Company during the period, including directors | 8 |  | 12

#### 3. Tangible assets

| Plant and machinery |  | Fixtures and fittings |  | Total
| £ |  | £ |  | £
Cost |  |  |  |  |
At 01 December 2024 | 1,467,071 |  | 8,815 |  | 1,475,886
At 31 December 2025 | 1,467,071 |  | 8,815 |  | 1,475,886
Accumulated depreciation |  |  |  |  |
At 01 December 2024 | 1,417,221 |  | 2,876 |  | 1,420,097
Charge for the financial period | 10,801 |  | 643 |  | 11,444
At 31 December 2025 | 1,428,022 |  | 3,519 |  | 1,431,541
Net book value |  |  |  |  |
At 31 December 2025 | 39,049 |  | 5,296 |  | 44,345
At 30 November 2024 | 49,850 |  | 5,939 |  | 55,789

#### 4. Debtors

| 31.12.2025 |  | 30.11.2024
| £ |  | £
Debtors: amounts falling due within one year |  |  |
Trade debtors | 62,981 |  | 104,250
Amounts owed by Group undertakings | 0 |  | 5,250
Amounts owed by directors | 48,384 |  | 184,162
Prepayments | 1,009 |  | 1,441
VAT recoverable | 1,655 |  | 0
Other debtors | 44,164 |  | 59,902
| 158,193 |  | 355,005
Debtors: amounts falling due after more than one year |  |  |
Other debtors | 15,738 |  | 0

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

| 31.12.2025 |  | 30.11.2024
| £ |  | £
Trade creditors | 56,143 |  | 25,850
Amounts owed to Group undertakings | 800 |  | 0
Accruals | 3,000 |  | 5,925
Other taxation and social security | 6,846 |  | 6,852
| 66,789 |  | 38,627

#### 6. Called-up share capital

| 31.12.2025 |  | 30.11.2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
1,900 Ordinary shares of £ 1.00 each | 1,900 |  | 1,900
100 Ordinary A shares of £ 1.00 each | 100 |  | 100
| 2,000 |  | 2,000

#### 7. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

| 31.12.2025 |  | 30.11.2024
| £ |  | £
Within one year | 23,592 |  | 10,198
Between one and five years | 34,986 |  | 54,978
| 58,578 |  | 65,176

#### 8. Related party transactions

Transactions with the entity's director - Mr D C Hammond

| 31.12.2025 |  | 30.11.2024
| £ |  | £
Balance b/fwd | 184,162 |  | 184,956
Advances to directors | 5,222 |  | 906
Repayments by directors | (141,000) |  | (1,700)
| 48,384 |  | 184,162

The outstanding loan is subject to interest at the HMRC official rate, unsecured, and repayable on demand.

Other related party transactions

Included within creditors is a balance of £800 payable to a company under common control (2024: £5,250 receivable).