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Registration number: 09621603

Hatherton Holdings Limited

Filleted Financial Statements

for the Year Ended 31 March 2024

 

Hatherton Holdings Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3 to 5

 

Hatherton Holdings Limited

Company Information

Directors

D. M. James

C. J. J. Leonard

Registered office

Hatherton House
11 Parker Court
Dyson Way
Staffordshire Technology Park
Stafford
ST18 0WP

Auditors

Robert Whowell & Partners LLP
Westwood House
78 Loughborough Road
Quorn
Loughborough
Leicestershire
LE12 8DX

 

Hatherton Holdings Limited

(Registration number: 09621603)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Investments

4

6,645,799

6,645,799

Current assets

 

Debtors

5

1

1

Net assets

 

6,645,800

6,645,800

Capital and reserves

 

Called up share capital

6

200

200

Share premium reserve

6,340,000

6,340,000

Retained earnings

305,600

305,600

Shareholders' funds

 

6,645,800

6,645,800

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 22 November 2024 and signed on its behalf by:
 

.........................................
C. J. J. Leonard
Director

 

Hatherton Holdings Limited

Notes to the Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Hatherton House
11 Parker Court
Dyson Way
Staffordshire Technology Park
Stafford
ST18 0WP

These financial statements were authorised for issue by the Board on 22 November 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

After reviewing the subsidiary company's forecasts and projections, the directors have a reasonable expectation that the company can remain a viable, going concern for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing the financial statements.

Audit report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 27 November 2024 was Paul Johnson FCA, who signed for and on behalf of Robert Whowell & Partners LLP.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in the profit and loss account. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

 

Hatherton Holdings Limited

Notes to the Financial Statements for the Year Ended 31 March 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Contributions

Contributions and other distributions to the company's shareholders are recognised in the financial statements in the period in which the contributions and other distributions are approved by the shareholders. These amounts are recognised in the statements of changes in equity.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

4

Investments

2024
£

2023
£

Investments in subsidiaries

6,645,799

6,645,799

Subsidiaries

£

Cost or valuation

At 1 April 2023

8,884,399

At 31 March 2024

8,884,399

Provision

At 1 April 2023

2,238,600

At 31 March 2024

2,238,600

Carrying amount

At 31 March 2024

6,645,799

At 31 March 2023

6,645,799

 

Hatherton Holdings Limited

Notes to the Financial Statements for the Year Ended 31 March 2024

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Registered office

Holding

Proportion of voting rights and shares held

2024

2023

Subsidiary undertakings

T. C. Interiors Limited

Hatherton House, 11 Parker Court, Staffordshire Technology Park, Stafford, ST18 0WP.

Ordinary

100%

100%

Subsidiary undertakings

T. C. Interiors Limited

The principal activity of T. C. Interiors Limited is plastering, partitioning and screeding contractors.

5

Debtors

Current

2024
£

2023
£

Other debtors

1

1

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £1 each

200

200

200

200

       

7

Related party transactions

Summary of transactions with subsidiaries

The company has taken advantage of the exemptions available in accordance with Financial Reporting Standard 102 not to disclose transactions entered into with other group companies, as the subsidiary company is wholly owned within the group.