H J Hamilton Ltd.
Unaudited accounts
Contents
H J Hamilton Ltd.
Company Information
for the year ended 31 March 2023
Company Number
SC337778 (Scotland)
Registered Office
59 NEWMARKET STREET
AYR
KA7 1LL
Accountants
W Wilson Millar Ltd
32 Moorfield Road
Prestwick
KA9 2HW
H J Hamilton Ltd.
Statement of financial position
as at 31 March 2023
Tangible assets
4,511
4,913
Cash at bank and in hand
37,043
35,671
Creditors: amounts falling due within one year
(19,652)
(25,245)
Net current assets
39,024
34,695
Called up share capital
100
100
Profit and loss account
43,435
39,508
Shareholders' funds
43,535
39,608
For the year ending 31 March 2023 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 December 2023 and were signed on its behalf by
Helen Hamilton
Director
Company Registration No. SC337778
H J Hamilton Ltd.
Notes to the Accounts
for the year ended 31 March 2023
H J Hamilton Ltd. is a private company, limited by shares, registered in Scotland, registration number SC337778. The registered office is 59 NEWMARKET STREET, AYR, KA7 1LL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
4
Intangible fixed assets
Goodwill
H J Hamilton Ltd.
Notes to the Accounts
for the year ended 31 March 2023
5
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
7,215
5,587
Taxes and social security
10,439
11,116
Loans from directors
1,998
8,542
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 5 (2022: 5).
