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REGISTERED NUMBER: 11889887 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Hatch Accommodation Ltd

Hatch Accommodation Ltd (Registered number: 11889887)

Contents of the Financial Statements
for the year ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Hatch Accommodation Ltd

Company Information
for the year ended 31 March 2024







DIRECTOR: W E Warr





REGISTERED OFFICE: Kenton House
Oxford Street
Moreton-in-Marsh
GL56 0LA





REGISTERED NUMBER: 11889887 (England and Wales)





ACCOUNTANTS: Tayabali Tomlin
Chartered Accountants
Kenton House
Oxford Street
Moreton-in-Marsh
Gloucestershire
GL56 0LA

Hatch Accommodation Ltd (Registered number: 11889887)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 415,566 415,566

CURRENT ASSETS
Debtors 5 5,848 5,767
Cash at bank and in hand 24,867 547
30,715 6,314
CREDITORS
Amounts falling due within one year 6 143,013 122,567
NET CURRENT LIABILITIES (112,298 ) (116,253 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

303,268

299,313

CREDITORS
Amounts falling due after more than one
year

7

301,488

301,065
NET ASSETS/(LIABILITIES) 1,780 (1,752 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 1,779 (1,753 )
1,780 (1,752 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Hatch Accommodation Ltd (Registered number: 11889887)

Balance Sheet - continued
31 March 2024


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 16 September 2024 and were signed by:





W E Warr - Director


Hatch Accommodation Ltd (Registered number: 11889887)

Notes to the Financial Statements
for the year ended 31 March 2024


1. STATUTORY INFORMATION

Hatch Accommodation 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.

The director considers that in preparing the financial statements they have taken into account all information available, and on this basis the financial statements are prepared on a going concern basis.

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

Investment property
Properties held for their investment potential, with any income being negotiated at arm's length, are not subject to periodic charges of depreciation. They are included on the balance sheet at their fair value. Changes in their value are charged to the profit and loss account.

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.

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.

Hatch Accommodation Ltd (Registered number: 11889887)

Notes to the Financial Statements - continued
for the year ended 31 March 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 415,566
NET BOOK VALUE
At 31 March 2024 415,566
At 31 March 2023 415,566

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 5,848 5,767

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 417 -
Other creditors 142,596 122,567
143,013 122,567

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 301,488 301,065

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 301,488 301,065

Hatch Accommodation Ltd (Registered number: 11889887)

Notes to the Financial Statements - continued
for the year ended 31 March 2024


8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 301,488 301,065

A loan has been provided by Charter Court Financial Services Limited (trading as Precise Mortgages) and is secured by charges over the property 56 Station Street, Loughborough, LE11 5EE.

A loan has also been provided by Paragon Bank PLC and is secured by charges over the property 19 Cumberland Road, Loughborough, LE11 5DE.

9. RELATED PARTY DISCLOSURES

Included within creditors: amounts falling due within one year is a director's current account in the sum of £81 (2023: £56,373). The account is unsecured, interest free and carries no fixed date of repayment.

Also included within creditors: amounts falling due within one year is a loan in the sum of £141,265 (2023: £65,000) which has been provided by Detail Films Limited, a company that the director has an interest in. The account is unsecured, interest free and carries no fixed date of repayment.