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REGISTERED NUMBER: 07635018 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 May 2023

for

Dr Andrew Hatrick Ltd

Dr Andrew Hatrick Ltd (Registered number: 07635018)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Dr Andrew Hatrick Ltd

Company Information
for the Year Ended 31 May 2023







DIRECTORS: Dr A G Hatrick
Dr C M Hatrick





REGISTERED OFFICE: 7 Lindum Terrace
Lincoln
Lincolnshire
LN2 5RP





REGISTERED NUMBER: 07635018 (England and Wales)





ACCOUNTANTS: Stanbridge Associates Limited
7 Lindum Terrace
Lincoln
Lincolnshire
LN2 5RP

Dr Andrew Hatrick Ltd (Registered number: 07635018)

Balance Sheet
31 May 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 76,027 26,984
Investments 6 514,802 442,500
590,829 469,484

CURRENT ASSETS
Debtors 7 29,690 27,777
Cash at bank 100,962 123,639
130,652 151,416
CREDITORS
Amounts falling due within one
year

8

46,621

51,003
NET CURRENT ASSETS 84,031 100,413
TOTAL ASSETS LESS CURRENT
LIABILITIES

674,860

569,897

CAPITAL AND RESERVES
Called up share capital 105 105
Retained earnings 674,755 569,792
SHAREHOLDERS' FUNDS 674,860 569,897

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Dr Andrew Hatrick Ltd (Registered number: 07635018)

Balance Sheet - continued
31 May 2023


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 Board of Directors and authorised for issue on 13 February 2024 and were signed on its behalf by:





Dr A G Hatrick - Director


Dr Andrew Hatrick Ltd (Registered number: 07635018)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

Dr Andrew Hatrick 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.

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 as modified by the revaluation of certain assets.

Turnover
Turnover represents trading income accrued during the period shown by these financial statements.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.


Dr Andrew Hatrick Ltd (Registered number: 07635018)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 2 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2022
and 31 May 2023 110,000
AMORTISATION
At 1 June 2022
and 31 May 2023 110,000
NET BOOK VALUE
At 31 May 2023 -
At 31 May 2022 -

Dr Andrew Hatrick Ltd (Registered number: 07635018)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 June 2022 - 39,246 39,246
Additions 54,090 14,101 68,191
At 31 May 2023 54,090 53,347 107,437
DEPRECIATION
At 1 June 2022 - 12,262 12,262
Charge for year 6,761 12,387 19,148
At 31 May 2023 6,761 24,649 31,410
NET BOOK VALUE
At 31 May 2023 47,329 28,698 76,027
At 31 May 2022 - 26,984 26,984

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 June 2022 442,500
Additions 60,000
Revaluations 12,302
At 31 May 2023 514,802
NET BOOK VALUE
At 31 May 2023 514,802
At 31 May 2022 442,500

Cost or valuation at 31 May 2023 is represented by:

Other
investments
£   
Valuation in 2023 514,802

Dr Andrew Hatrick Ltd (Registered number: 07635018)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 29,690 27,777

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 360
Taxation and social security 28,705 23,902
Other creditors 17,916 26,741
46,621 51,003

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Dr A G Hatrick.