REGISTERED NUMBER: 02692733 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Goldhammer Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

C E A Borg

REGISTERED OFFICE:

526 Coulsdon Road

Caterham

Surrey

CR3 5QQ

REGISTERED NUMBER:

02692733 (England and Wales)

ACCOUNTANTS:

OPPENHEIMS Chartered Accountants

Statutory Auditors

Springfield

Cox Green Lane

Maidenhead

Berkshire

SL6 3EY

FIXED ASSETS

Tangible assets

4

10,113

12,708

Investments

5

-

-

10,113

12,708

CURRENT ASSETS

Debtors

6

48,971

186,089

Cash at bank

361,087

433,023

410,058

619,112

CREDITORS

Amounts falling due within one year

7

183,687

178,772

NET CURRENT ASSETS

226,371

440,340

TOTAL ASSETS LESS CURRENT LIABILITIES

236,484

453,048

CAPITAL AND RESERVES

Called up share capital

8

23,072

182,144

Share premium

-

5,860

Retained earnings

213,412

265,044

SHAREHOLDERS' FUNDS

236,484

453,048

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 30 September 2025 and were signed by:

C E A Borg - Director

1.	STATUTORY INFORMATION

Goldhammer 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Revenue is recognised on the date of departure for events and other travel arrangements organised by the company.

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 etc

-

20% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from banks and other parties and investments in ordinary shares.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Foreign currencies

Transactions in foreign currencies are converted into £stg at the exchange rate when received or paid.

Balances at the year end are translated into £stg values using the rate ruling at that date. Any revaluation differences are written off to the Profit and Loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

301,932

DEPRECIATION

At 1 April 2024

289,224

Charge for year

2,595

At 31 March 2025

291,819

NET BOOK VALUE

At 31 March 2025

10,113

At 31 March 2024

12,708

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

13,322

Disposals

(13,322

)

At 31 March 2025

-

PROVISIONS

At 1 April 2024

13,322

Eliminated on disposal

(13,322

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Promundial Limited

Registered office: 526 Coulsdon Road, Caterham, Surrey CR3 5QQ

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

100.00

30.9.24

30.9.23

£

£

Aggregate capital and reserves

100

100

6.

DEBTORS

31.3.25

31.3.24

£

£

Amounts falling due within one year:

Trade debtors

32,159

72,383

Other debtors

16,812

13,706

48,971

86,089

Amounts falling due after more than one year:

Trade debtors

-

100,000

Aggregate amounts

48,971

186,089

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

93,151

59,645

Taxation and social security

81,809

76,652

Other creditors

8,727

42,475

183,687

178,772

Included within Trade Creditors is an amount of £nil (2024 - £nil) in respect of the outstanding BSP cash sales.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

20,180

Ordinary

1.00

20,180

40,360

2,892

Ordinary voting

1.00

2,892

5,784

NIL

5% non cumulative preference

shares

1.00

-

136,000

23,072

182,144

By Special Resolutions dated 24 June 2024 the Company redeemed at par 68,000 5% net, non-cumulative, non-participating preference shares of £1 each. By the same resolution, 20,180 Ordinary Shares of £1 each and 2,892 Ordinary Voting Shares of £1 each (being 50% of the issued share capital) were purchased for total consideration of £170,839.

By Special Resolution dated 31st January 2025 the Company redeemed at par the remaining 68,000 55 net, non-cumulative, non- participating preference shares of £1 each.