Registered number
10608444
Tatton House Investment Ltd
Filleted Accounts
30 June 2024
Tatton House Investment Ltd
Company Information
Directors
Goh Gen Cheung
Peter Ka Leung Yim
Accountants
CKW
469 Kingsway
Burnage
Manchester
M19 1NR
Registered office
433 Wilmslow Road
Withington
Manchester
United Kingdom
M20 4AF
Registered number
10608444
Tatton House Investment Ltd
Registered number: 10608444
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Fixed assets
Investments 3 17,500,000 17,500,000
Current assets
Cash at bank and in hand 445,127 327,591
Creditors: amounts falling due within one year 4 (4,545,452) (4,610,904)
Net current liabilities (4,100,325) (4,283,313)
Total assets less current liabilities 13,399,675 13,216,687
Creditors: amounts falling due after more than one year 5 (9,200,000) (9,360,000)
Provisions for liabilities (368,625) (368,625)
Net assets 3,831,050 3,488,062
Capital and reserves
Called up share capital 1 1
Profit and loss account 3,831,049 3,488,061
Shareholders' funds 3,831,050 3,488,062
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Peter Ka Leung Yim
Director
Approved by the board on 14 March 2025
Tatton House Investment Ltd
Notes to the Accounts
for the year ended 30 June 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Revenue is recognised at the fair value of rental income receivable provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of future receipts. The difference between the fair value of the consideration and the nominal amount recieved is recognised as interest income.
Investment properties
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss.

Where fair value cannot be achieved without undue cost or effort, investment property is accounted for as property plant and equipment.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company - -
3 Investments
Investment
properties
£
Fair value
At 1 July 2023 17,500,000
At 30 June 2024 17,500,000
Historical cost
At 1 July 2023 16,017,746
At 30 June 2024 16,017,746
Investment properties comprises Tatton House, 55-65 Hathersage Road, Manchester, M13 0EW. The fair value of the investment property has been arrived at on the basis of a valuation carried out on 27th April 2022 by Christopher Taylor Bsc (Hons) MRICS of Lambert Smith Hampton, who are not connected with the company. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties. The directors are of the opinion that there has been no movement in the fair value since the property valuation.
4 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 160,000 160,000
Trade creditors 16,829 108,739
Taxation and social security costs 120,373 97,074
Other creditors 4,248,250 4,245,091
4,545,452 4,610,904
5 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 9,200,000 9,360,000
6 Loans 2024 2023
£ £
Creditors include:
Secured bank loans 9,360,000 9,520,000
The bank loan is secured on the investment property Tatton House, 55 Hathersage Road, Manchester, M13 0EW.
7 Ultimate parent company
The parent undertaking is Solidagent Investment Limited whose registered office address is 433 Wilmslow Road, Withington, Manchester, M20 4AF.
8 Other information
Tatton House Investment Ltd is a private company limited by shares and incorporated in England. Its registered office is:
433 Wilmslow Road
Withington
Manchester
United Kingdom
M20 4AF
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