Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-3012023-05-01falseNo description of principal activity1falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10114859 2023-05-01 2024-04-30 10114859 2022-05-01 2023-04-30 10114859 2024-04-30 10114859 2023-04-30 10114859 c:Director1 2023-05-01 2024-04-30 10114859 c:RegisteredOffice 2023-05-01 2024-04-30 10114859 d:MotorVehicles 2023-05-01 2024-04-30 10114859 d:MotorVehicles 2024-04-30 10114859 d:MotorVehicles 2023-04-30 10114859 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 10114859 d:OfficeEquipment 2023-05-01 2024-04-30 10114859 d:OfficeEquipment 2024-04-30 10114859 d:OfficeEquipment 2023-04-30 10114859 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 10114859 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 10114859 d:CurrentFinancialInstruments 2024-04-30 10114859 d:CurrentFinancialInstruments 2023-04-30 10114859 d:Non-currentFinancialInstruments 2024-04-30 10114859 d:Non-currentFinancialInstruments 2023-04-30 10114859 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 10114859 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 10114859 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 10114859 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 10114859 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-04-30 10114859 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-04-30 10114859 d:ShareCapital 2024-04-30 10114859 d:ShareCapital 2023-04-30 10114859 d:RetainedEarningsAccumulatedLosses 2024-04-30 10114859 d:RetainedEarningsAccumulatedLosses 2023-04-30 10114859 c:FRS102 2023-05-01 2024-04-30 10114859 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10114859 c:FullAccounts 2023-05-01 2024-04-30 10114859 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10114859 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure
Company registration number: 10114859







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 APRIL 2024


HATCH BROADCAST LIMITED






































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HATCH BROADCAST LIMITED
 


 
COMPANY INFORMATION


Director
P M E Hatch 




Registered number
10114859



Registered office
Vrede Cudham Lane South
Cudham

Sevenoaks

Kent

TN14 7QB




Accountants
Menzies LLP
Chartered Accountants

Magna House

18-32 London Road

Staines-Upon-Thames

TW18 4BP





 


HATCH BROADCAST LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 6


 


HATCH BROADCAST LIMITED
REGISTERED NUMBER:10114859



STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
50,244
50,543

  
50,244
50,543

Current assets
  

Debtors
 5 
84,578
106,901

Cash at bank and in hand
  
91,495
92,836

  
176,073
199,737

Creditors: amounts falling due within one year
 6 
(64,426)
(135,685)

Net current assets
  
 
 
111,647
 
 
64,052

Total assets less current liabilities
  
161,891
114,595

Creditors: amounts falling due after more than one year
 7 
(6,500)
(12,500)

Provisions for liabilities
  

Deferred tax
  
(10,579)
(12,636)

  
 
 
(10,579)
 
 
(12,636)

Net assets
  
144,812
89,459


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
144,712
89,359

  
144,812
89,459


Page 1

 


HATCH BROADCAST LIMITED
REGISTERED NUMBER:10114859


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 2024

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 



P M E Hatch
Director
Date: 27 January 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 


HATCH BROADCAST LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Hatch Broadcast Limited is a private company limited by shares incorporated in England and Wales. The registered office and principal place of business is given in the company information page of these financial statements.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on a going concern basis. No significant accounting estimates and judgements have been used by management in assessing whether the going concern basis is appropriate.

 
2.3

Turnover

Turnover gained from television programming and broadcasting activities, is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a straight line and reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
20%
Straight line
Office equipment
-
20%
Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 3

 


HATCH BROADCAST LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.6

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.7

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

 
2.8

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


Page 4

 


HATCH BROADCAST LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

3.


Employees

The average monthly number of employees, including directors, during the period was 1 (2022: 1).


4.


Tangible fixed assets





Motor vehicles
Office equipment
Total

£
£
£



Cost or valuation


At 1 May 2023
49,995
11,388
61,383


Additions
-
13,051
13,051



At 30 April 2024

49,995
24,439
74,434



Depreciation


At 1 May 2023
8,332
2,508
10,840


Charge for the year on owned assets
9,999
3,351
13,350



At 30 April 2024

18,331
5,859
24,190



Net book value



At 30 April 2024
31,664
18,580
50,244



At 30 April 2023
41,663
8,880
50,543


5.


Debtors

2024
2023
£
£



Trade debtors
13,578
52,869

Other debtors
70,000
54,032

Prepayments and accrued income
1,000
-

84,578
106,901


Page 5

 


HATCH BROADCAST LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
6,000
6,000

Trade creditors
4,552
70,414

Corporation tax
33,814
-

Other taxation and social security
5,484
604

Other creditors
11,076
41,909

Accruals and deferred income
3,500
16,758

64,426
135,685


The bank loans included within creditors falling due within one year are secured by way of government guarantee under the Bounce Back Loan Scheme.


7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
6,500
12,500

6,500
12,500


The bank loans included within creditors falling due after more than one year are secured by way of government guarantee under the Bounce Back Loan Scheme.


8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
6,000
6,000


6,000
6,000


Amounts falling due 2-5 years

Bank loans
6,500
12,500


6,500
12,500


12,500
18,500


 
Page 6