Company No: 00779611 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	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

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).