Hamiltons The Home Improvement Company

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 3041656

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		44,017		48,213

			44,017		48,213
CURRENT ASSETS
Stocks	5	577,805		730,295
Debtors	6	10,990		18,130
Cash at bank and in hand		64,759		38,158

		653,554		786,583
Creditors: Amounts Falling Due Within One Year	7	(179,397 )		(280,843 )

NET CURRENT ASSETS (LIABILITIES)			474,157		505,740

TOTAL ASSETS LESS CURRENT LIABILITIES			518,174		553,953

Creditors: Amounts Falling Due After More Than One Year	8		(361,315 )		(460,459 )

NET ASSETS			156,859		93,494

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			156,759		93,394

SHAREHOLDERS' FUNDS			156,859		93,494

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Hamiltons The Home Improvement Company

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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 James Hamilton Director	Mr Jordan Stone Director
19th November 2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Hamiltons The Home Improvement Company Registered number 3041656 is a limited by shares company incorporated in England & Wales. The Registered Office is 4 Mousehold Lane, Norwich, Norfolk, NR7 8HF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. Almost all income is derived from activities within the UK. A very small amount of income, around 1% of total income, is from sales within the EU.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. 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:

Leasehold	0%
Plant & Machinery	20% reducing balance
Motor Vehicles	25% reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

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Hamiltons The Home Improvement Company

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.7. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Office and administration	3	3
Sales, marketing and distribution	7	12

	10	15

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Total
	£	£	£	£
Cost
As at 1 April 2024	29,126	46,316	46,425	121,867

As at 31 March 2025	29,126	46,316	46,425	121,867

Depreciation
As at 1 April 2024	-	34,798	38,856	73,654
Provided during the period	-	2,303	1,893	4,196

As at 31 March 2025	-	37,101	40,749	77,850

Net Book Value
As at 31 March 2025	29,126	9,215	5,676	44,017

As at 1 April 2024	29,126	11,518	7,569	48,213

5. Stocks

	2025	2024
	£	£
Finished goods	577,805	730,295

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Hamiltons The Home Improvement Company

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	421	6,444
Prepayments and accrued income	10,569	9,981
Other Debtors - VAT	-	1,705

	10,990	18,130

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	2,825
Trade creditors	68,788	234,475
Bank loans and overdrafts	2,500	10,615
Corporation tax	36,905	27,077
VAT	26,235	-
Deposits Held	44,969	5,851

	179,397	280,843

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	8,297
Bank loans	10,000	11,885
Directors loan account	66,315	159,659
Amounts owed to associates	285,000	280,618

	361,315	460,459

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	-	2,825
Later than one year and not later than five years	-	8,297

	-	11,122

	-	11,122

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Hamiltons The Home Improvement Company

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

11. Directors Advances, Credits and Guarantees

Dividends paid to directors

	2025	2024
	£	£
Mr James Hamilton	25,000	29,000
	-	37,000

12. Dividends

	2025	2024
	£	£
On equity shares:
Final dividend paid	25,000	66,000

13. Related Party Transactions

Hamiltons Limited

There is a loan between Hamiltons The Home Improvement Company Limited and Hamiltons Limited, a company which is controlled by J Hamilton. The amount outstanding at the year end was £285,000 (£280,618 2024) and is included within Creditors on the Balance Sheet.

14. Ultimate Controlling Party

The company's ultimate controlling party are the directors by virtue of their ownership of 100% of the issued share capital in the company.

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