Company Registration No. 10065965 (England and Wales)
HATCH RECRUITMENT LIMITED
Unaudited accounts
for the year ended 31 March 2023
HATCH RECRUITMENT LIMITED
Unaudited accounts
Contents
HATCH RECRUITMENT LIMITED
Company Information
for the year ended 31 March 2023
Directors
Patrick Niall McLean
Hannah Elise McLean
Company Number
10065965 (England and Wales)
Registered Office
46 Pine Grove
Eccles
Manchester
M30 9JN
Accountants
Monton Green Accountancy Ltd
5 Hawthorn Avenue
Eccles
Manchester
M30 9NE
HATCH RECRUITMENT LIMITED
Statement of financial position
as at 31 March 2023
Tangible assets
2,743
2,446
Cash at bank and in hand
4,702
96,585
Creditors: amounts falling due within one year
(4,155)
(46,471)
Net current assets
8,782
50,114
Total assets less current liabilities
11,525
52,560
Creditors: amounts falling due after more than one year
(6,735)
(9,722)
Called up share capital
2
2
Profit and loss account
4,788
42,836
Shareholders' funds
4,790
42,838
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 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 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 of Directors and authorised for issue on 17 October 2023 and were signed on its behalf by
Patrick Niall McLean
Director
Company Registration No. 10065965
HATCH RECRUITMENT LIMITED
Notes to the Accounts
for the year ended 31 March 2023
HATCH RECRUITMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10065965. The registered office is 46 Pine Grove, Eccles, Manchester, M30 9JN.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% Reducing Balance
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
-
7,917
7,917
At 31 March 2023
1,039
7,917
8,956
At 1 April 2022
-
5,471
5,471
Charge for the year
130
612
742
At 31 March 2023
130
6,083
6,213
At 31 March 2023
909
1,834
2,743
At 31 March 2022
-
2,446
2,446
HATCH RECRUITMENT LIMITED
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Accrued income and prepayments
2,235
-
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
2,987
2,911
Taxes and social security
(3,073)
27,020
Loans from directors
-
208
7
Creditors: amounts falling due after more than one year
2023
2022
8
Operating lease commitments
2023
2022
At 31 March 2023 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Later than one year and not later than five years
23,407
-
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).