Ham Interiors Limited - Accounts to registrar (filleted) - small 23.2.5

HAM INTERIORS LIMITED - Company Information

IRIS Accounts Production v23.2.0.158 07240295 director 1.1.22 31.12.22 31.12.22 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh072402952021-12-31072402952022-12-31072402952022-01-012022-12-31072402952020-12-30072402952020-12-312021-12-31072402952021-12-3107240295ns10:Originalns15:EnglandWales2022-01-012022-12-3107240295ns14:PoundSterlingns10:Original2022-01-012022-12-3107240295ns10:Originalns10:Director12022-01-012022-12-3107240295ns10:Original2022-01-012022-12-3107240295ns10:Original2022-12-3107240295ns10:Originalns10:PrivateLimitedCompanyLtd2022-01-012022-12-3107240295ns10:Originalns10:SmallEntities2022-01-012022-12-3107240295ns10:Originalns10:AuditExempt-NoAccountantsReport2022-01-012022-12-3107240295ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-01-012022-12-3107240295ns10:SmallCompaniesRegimeForAccountsns10:Original2022-01-012022-12-3107240295ns10:Originalns10:FullAccounts2022-01-012022-12-3107240295ns10:Original12022-01-012022-12-3107240295ns10:Originalns10:RegisteredOffice2022-01-012022-12-3107240295ns10:Original2021-12-3107240295ns10:Originalns5:CurrentFinancialInstruments2022-12-3107240295ns10:Originalns5:CurrentFinancialInstruments2021-12-3107240295ns10:Originalns5:Non-currentFinancialInstruments2022-12-3107240295ns10:Originalns5:Non-currentFinancialInstruments2021-12-3107240295ns5:ShareCapitalns10:Original2022-12-3107240295ns5:ShareCapitalns10:Original2021-12-3107240295ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-12-3107240295ns10:Originalns5:RetainedEarningsAccumulatedLosses2021-12-3107240295ns10:Originalns5:NetGoodwill2022-01-012022-12-3107240295ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-01-012022-12-3107240295ns10:Originalns5:PatentsTrademarksLicencesConcessionsSimilar2022-01-012022-12-3107240295ns10:Originalns5:PlantMachinery2022-01-012022-12-3107240295ns10:Original2020-12-312021-12-3107240295ns10:Originalns5:NetGoodwill2021-12-3107240295ns5:IntangibleAssetsOtherThanGoodwillns10:Original2021-12-3107240295ns10:Original2021-12-3107240295ns10:Originalns5:NetGoodwill2022-12-3107240295ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-12-3107240295ns10:Originalns5:NetGoodwill2021-12-3107240295ns5:IntangibleAssetsOtherThanGoodwillns10:Original2021-12-3107240295ns10:Originalns5:PlantMachinery2021-12-3107240295ns10:Originalns5:PlantMachinery2022-12-3107240295ns10:Originalns5:PlantMachinery2021-12-3107240295ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3107240295ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2021-12-3107240295ns10:Original1ns10:Director12021-12-3107240295ns10:Original1ns10:Director12020-12-3007240295ns10:Original1ns10:Director12022-01-012022-12-3107240295ns10:Original1ns10:Director12020-12-312021-12-3107240295ns10:Original1ns10:Director12022-12-3107240295ns10:Original1ns10:Director12021-12-31

REGISTERED NUMBER: 07240295 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

HAM INTERIORS LIMITED

Page

Company Information

Balance Sheet

Notes to the Financial Statements

DIRECTOR:

Mr T P Cox

REGISTERED OFFICE:

Mercury House

19-21 Chapel Street

Marlow

Buckinghamshire

SL7 3HN

REGISTERED NUMBER:

07240295 (England and Wales)

ACCOUNTANTS:

Richardson Jones

Chartered Accountants

Mercury House

19-21 Chapel Street

Marlow

Buckinghamshire

SL7 3HN

FIXED ASSETS

Intangible assets

20,875

46,711

Tangible assets

196,207

217,824

217,082

264,535

CURRENT ASSETS

Stocks

389,292

304,158

Debtors

1,457,460

539,065

Cash at bank

163,845

364,136

2,010,597

1,207,359

CREDITORS

Amounts falling due within one year

1,501,366

778,050

NET CURRENT ASSETS

509,231

429,309

TOTAL ASSETS LESS CURRENT
LIABILITIES

726,313

693,844

CREDITORS

Amounts falling due after more than one
year

123,694

184,790

NET ASSETS

602,619

509,054

CAPITAL AND RESERVES

Called up share capital

Retained earnings

602,618

509,053

SHAREHOLDERS' FUNDS

602,619

509,054

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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 26 September 2023 and were signed by:

Mr T P Cox - Director

1.	STATUTORY INFORMATION

Ham Interiors 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.

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

Turnover represents net invoiced sales of goods and services excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of twelve years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of six years.

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, 20% on cost and at variable rates on reducing balance

Stocks

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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2021 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

COST

At 1 January 2022

and 31 December 2022

516,721

102,000

618,721

AMORTISATION

At 1 January 2022

470,010

102,000

572,010

Charge for year

25,836

At 31 December 2022

495,846

102,000

597,846

NET BOOK VALUE

At 31 December 2022

20,875

At 31 December 2021

46,711

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

COST

At 1 January 2022

425,359

Additions

23,712

At 31 December 2022

449,071

DEPRECIATION

At 1 January 2022

207,535

Charge for year

45,329

At 31 December 2022

252,864

NET BOOK VALUE

At 31 December 2022

196,207

At 31 December 2021

217,824

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.22

31.12.21

Trade debtors

1,086,187

217,746

Other debtors

371,273

321,319

1,457,460

539,065

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.22

31.12.21

Hire purchase contracts

21,125

25,817

Trade creditors

429,628

194,354

Taxation and social security

89,806

98,566

Other creditors

960,807

459,313

1,501,366

778,050

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.22

31.12.21

Bank loans

93,333

133,334

Hire purchase contracts

30,361

51,456

123,694

184,790

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 December 2022 and the period ended 31 December 2021:

31.12.22

31.12.21

Mr T P Cox

Balance outstanding at start of year

179,563

Amounts advanced

269,538

179,563

Amounts repaid

(180,000

)

Amounts written off

Amounts waived

Balance outstanding at end of year

269,101

179,563

The director's loan was repaid within nine months of the balance sheet date.

10.	ULTIMATE CONTROLLING PARTY

The company is controlled by Mr T P Cox by virtue of his 100% interest in the issued share capital.