HATCHSTER LIMITED

Company Registration Number:
05698103 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

HATCHSTER LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

HATCHSTER LIMITED

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 3,159,073 5,047,119
Investments: 4 356,147 341,582
Total fixed assets: 3,515,220 5,388,701
Current assets
Debtors:   679,745 713,969
Cash at bank and in hand: 73,255 850,502
Total current assets: 753,000 1,564,471
Creditors: amounts falling due within one year:   (1,093,626) (1,133,747)
Net current assets (liabilities): (340,626) 430,724
Total assets less current liabilities: 3,174,594 5,819,425
Creditors: amounts falling due after more than one year: 5 (233,629) (356,888)
Total net assets (liabilities): 2,940,965 5,462,537
Capital and reserves
Called up share capital: 100 100
Revaluation reserve:63,891,6735,648,091
Profit and loss account: (950,808) (185,654)
Shareholders funds: 2,940,965 5,462,537

The notes form part of these financial statements

HATCHSTER LIMITED

Balance sheet statements

For the year ending 30 April 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 January 2025
and signed on behalf of the board by:

Name: Rashmi Patel
Status: Director

The notes form part of these financial statements

HATCHSTER LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

HATCHSTER LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 7 8

HATCHSTER LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Intangible Assets

Total
Cost £
At 01 May 2023 5,650,762
Revaluations (1,756,418)
At 30 April 2024 3,894,344
Amortisation
At 01 May 2023 603,643
Charge for year 131,628
At 30 April 2024 735,271
Net book value
At 30 April 2024 3,159,073
At 30 April 2023 5,047,119

HATCHSTER LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Fixed investments

Investments in small unlisted companies recorded at cost

HATCHSTER LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Creditors: amounts falling due after more than one year note

Long term creditor is Bounce Back Loan

HATCHSTER LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

6. Revaluation reserve

2024
£
Balance at 01 May 2023 5,648,091
Surplus or deficit after revaluation (1,756,418)
Balance at 30 April 2024 3,891,673

HATCHSTER LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

7. Loans to directors

Name of director receiving advance or credit: Derick Peters
Description of the loan: Loan to director
£
Balance at 01 May 2023 242,900
Balance at 30 April 2024 242,900
Name of director receiving advance or credit: Rashmi Patel
Description of the loan: Loan to director
£
Balance at 01 May 2023 219,516
Advances or credits made: 8,462
Balance at 30 April 2024 227,978
Name of director receiving advance or credit: Mark Lewis
Description of the loan: Loan to director
£
Balance at 01 May 2023 22,383
Balance at 30 April 2024 22,383