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Registered number: 12201385
Hamia Ltd
Unaudited Financial Statements
For The Year Ended 29 September 2025
Stephen Farra Associates Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12201385
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 664,903 274,982
664,903 274,982
CURRENT ASSETS
Debtors 5 264,945 233,195
Cash at bank and in hand 181,628 494,948
446,573 728,143
Creditors: Amounts Falling Due Within One Year 6 (181,716 ) (167,568 )
NET CURRENT ASSETS (LIABILITIES) 264,857 560,575
TOTAL ASSETS LESS CURRENT LIABILITIES 929,760 835,557
PROVISIONS FOR LIABILITIES
Deferred Taxation (10,856 ) -
NET ASSETS 918,904 835,557
CAPITAL AND RESERVES
Called up share capital 7 100 100
Revaluation reserve 9 22,963 -
Profit and Loss Account 895,841 835,457
SHAREHOLDERS' FUNDS 918,904 835,557
Page 1
Page 2
For the year ending 29 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr A Smith
Director
12/10/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Hamia Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12201385 . The registered office is Our Space Second Floor, 189 Brompton Road, London, SW3 1NE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold Not Depreciated
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 25% Reducing Balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: )
5 -
4. Tangible Assets
Land & Property
Freehold Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost or Valuation
As at 1 October 2024 259,384 54,506 2,672 - 316,562
Additions 360,537 - 4,532 2,047 367,116
Revaluation 28,349 - - - 28,349
As at 29 September 2025 648,270 54,506 7,204 2,047 712,027
Depreciation
As at 1 October 2024 - 38,908 2,672 - 41,580
Provided during the period - 3,899 1,133 512 5,544
As at 29 September 2025 - 42,807 3,805 512 47,124
Net Book Value
As at 29 September 2025 648,270 11,699 3,399 1,535 664,903
As at 1 October 2024 259,384 15,598 - - 274,982
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 219,201 183,555
Amounts owed by group undertakings 3,503 -
Other debtors 42,241 49,640
264,945 233,195
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 4,772 7,173
Other loans - 4,567
Other creditors 107,352 77,958
Taxation and social security 69,592 77,870
181,716 167,568
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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Page 5
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 October 2024 Amounts advanced Amounts repaid Amounts written off As at 29 September 2025
£ £ £ £ £
Mr Alex Smith 6,583 - 6,583 - -
The above loan is unsecured, interest free and repayable on demand.
9. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 October 2024 - 835,457
Profit for year - 137,847
Surplus on revaluation 22,963 -
Other comprehensive income for the year 22,963 -
Total comprehensive income for the year 22,963 137,847
Dividends paid - (54,500)
Transfer from revaluation reserve - (22,963)
As at 29 September 2025 22,963 895,841
Page 5