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REGISTERED NUMBER: 11700671 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

HATCHGATE HOLDINGS LIMITED

HATCHGATE HOLDINGS LIMITED (REGISTERED NUMBER: 11700671)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023










Page

Balance Sheet 1

Notes to the Financial Statements 3


HATCHGATE HOLDINGS LIMITED (REGISTERED NUMBER: 11700671)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 870 1,300
Investments 5 10 10
Investment property 6 1,609,405 1,609,405
1,610,285 1,610,715

CURRENT ASSETS
Debtors 7 57,731 16,207
Cash at bank 20,953 29,841
78,684 46,048
CREDITORS
Amounts falling due within one year 8 1,621,096 1,599,533
NET CURRENT LIABILITIES (1,542,412 ) (1,553,485 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

67,873

57,230

PROVISIONS FOR LIABILITIES 7,840 5,958
NET ASSETS 60,033 51,272

CAPITAL AND RESERVES
Called up share capital 10 10
Revaluation reserve 23,519 25,401
Retained earnings 36,504 25,861
SHAREHOLDERS' FUNDS 60,033 51,272

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

HATCHGATE HOLDINGS LIMITED (REGISTERED NUMBER: 11700671)

BALANCE SHEET - continued
30 NOVEMBER 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 20 August 2024 and were signed on its behalf by:





Mr N A Hart - Director


HATCHGATE HOLDINGS LIMITED (REGISTERED NUMBER: 11700671)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


1. STATUTORY INFORMATION

Hatchgate Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 11700671

Registered office: First Floor
Black Country House
Rounds Green Road
Oldbury
West Midlands
B69 2DG

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

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 - 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 (2022 - NIL).

HATCHGATE HOLDINGS LIMITED (REGISTERED NUMBER: 11700671)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 December 2022
and 30 November 2023 1,720
DEPRECIATION
At 1 December 2022 420
Charge for year 430
At 30 November 2023 850
NET BOOK VALUE
At 30 November 2023 870
At 30 November 2022 1,300

5. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
At 1 December 2022
and 30 November 2023 10
NET BOOK VALUE
At 30 November 2023 10
At 30 November 2022 10

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022
and 30 November 2023 1,609,405
NET BOOK VALUE
At 30 November 2023 1,609,405
At 30 November 2022 1,609,405

The 2023 valuations were made by the directors, on an open market value for existing use basis. The original cost of the property was £1,578,046.


HATCHGATE HOLDINGS LIMITED (REGISTERED NUMBER: 11700671)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 57,731 16,207

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 8,290 12,928
Taxation and social security 2,557 2,847
Other creditors 1,610,249 1,583,758
1,621,096 1,599,533

£261,315 of other creditors is owed to a related Company, H'Artisan Wargrave Limited, controlled by the Directors of this Company.