Hammer Research Partners Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 10338723 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2022

for

Hammer Research Partners Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A Biffi

REGISTERED OFFICE:

39 Long Acre

London

WC2E 9LG

REGISTERED NUMBER:

10338723 (England and Wales)

ACCOUNTANTS:

We`ll Mind Your Own Business LTD

39 Long Acre

London

WC2E 9LG

FIXED ASSETS

Intangible assets

4

1,955

2,249

CURRENT ASSETS

Debtors

5

44

8,397

Cash at bank

312

2,746

356

11,143

CREDITORS

Amounts falling due within one year

6

36,116

34,716

NET CURRENT LIABILITIES

(35,760

)

(23,573

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(33,805

)

(21,324

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(33,905

)

(21,424

)

(33,805

)

(21,324

)

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 18 March 2024 and were signed by:

A Biffi - Director

1.	STATUTORY INFORMATION

Hammer Research Partners Ltd 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

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Brand are being amortised evenly over their estimated useful life of ten years.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Brand

£

COST

At 1 January 2022

and 31 December 2022

2,933

AMORTISATION

At 1 January 2022

684

Amortisation for year

294

At 31 December 2022

978

NET BOOK VALUE

At 31 December 2022

1,955

At 31 December 2021

2,249

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.22

31.12.21

£

£

Trade debtors

-

6,437

VAT

44

875

Prepayments

-

1,085

44

8,397

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.22

31.12.21

£

£

Trade creditors

16,314

15,664

Tax

204

204

Directors' loan accounts

648

648

Accrued expenses

18,950

18,200

36,116

34,716

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A Biffi.