1 October 2024 false No description of principal activity Taxfiler 2024.7.3 14320904business:PrivateLimitedCompanyLtd2024-10-012024-12-31 143209042024-09-30 143209042024-10-012024-12-31 14320904business:AuditExemptWithAccountantsReport2024-10-012024-12-31 14320904business:FilletedAccounts2024-10-012024-12-31 143209042024-12-31 14320904business:Director12024-10-012024-12-31 14320904business:Director22024-10-012024-12-31 14320904business:RegisteredOffice2024-10-012024-12-31 143209042024-09-30 14320904core:WithinOneYear2024-12-31 14320904core:WithinOneYear2024-09-30 14320904core:AfterOneYear2024-12-31 14320904core:AfterOneYear2024-09-30 14320904core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 14320904core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 14320904core:InvestmentPropertiesRevaluationReservecore:PreviouslyStatedAmount2024-12-31 14320904core:InvestmentPropertiesRevaluationReservecore:PreviouslyStatedAmount2024-09-30 14320904core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 14320904core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 14320904core:PreviouslyStatedAmount2024-12-31 14320904core:PreviouslyStatedAmount2024-09-30 14320904business:SmallEntities2024-10-012024-12-31 14320904countries:EnglandWales2024-10-012024-12-31 14320904core:FurnitureFittings2024-10-012024-12-31 14320904core:ComputerEquipment2024-10-012024-12-31 14320904core:FurnitureFittings2024-09-30 14320904core:ComputerEquipment2024-09-30 14320904core:FurnitureFittings2024-12-31 14320904core:ComputerEquipment2024-12-31 143209042023-10-012024-09-30 iso4217:GBP xbrli:pure
Company Registration No. 14320904 (England and Wales)
7 Hatton Street Limited Unaudited accounts for the period from 1 October 2024 to 31 December 2024
7 Hatton Street Limited Unaudited accounts Contents
Page
- 2 -
7 Hatton Street Limited Company Information for the period from 1 October 2024 to 31 December 2024
Directors
Gabriel Chipperfield Saul Sutton
Company Number
14320904 (England and Wales)
Registered Office
7 Hatton Street London NW8 8PL
Accountants
Clearfin Accountants Limited Churchill House 137-139 Brent Street London NW4 4DJ
- 3 -
7 Hatton Street Limited Statement of financial position as at 31 December 2024
31/12/2024 
30/09/2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
55,732 
60,365 
Investment property
3,500,000 
3,500,000 
3,555,732 
3,560,365 
Current assets
Debtors
14,353 
15,550 
Cash at bank and in hand
26,365 
10,270 
40,718 
25,820 
Creditors: amounts falling due within one year
(34,238)
(21,906)
Net current assets
6,480 
3,914 
Total assets less current liabilities
3,562,212 
3,564,279 
Creditors: amounts falling due after more than one year
(2,200,000)
(2,200,000)
Provisions for liabilities
Deferred tax
(344,755)
(335,807)
Net assets
1,017,457 
1,028,472 
Capital and reserves
Called up share capital
100 
100 
Fair value reserve
1,130,987 
1,130,987 
Profit and loss account
(113,630)
(102,615)
Shareholders' funds
1,017,457 
1,028,472 
For the period ending 31 December 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 March 2025 and were signed on its behalf by
Saul Sutton Director Company Registration No. 14320904
- 4 -
7 Hatton Street Limited Notes to the Accounts for the period from 1 October 2024 to 31 December 2024
1
Statutory information
7 Hatton Street Limited is a private company, limited by shares, registered in England and Wales, registration number 14320904. The registered office is 7 Hatton Street, London, NW8 8PL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is recognised at the fair value of rent received or receivable, and is shown net of VAT and other sales related taxes.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
5 years straight line
Computer equipment
3 years straight line
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
- 5 -
7 Hatton Street Limited Notes to the Accounts for the period from 1 October 2024 to 31 December 2024
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2024
86,148 
5,136 
91,284 
Additions
108 
- 
108 
At 31 December 2024
86,256 
5,136 
91,392 
Depreciation
At 1 October 2024
28,725 
2,194 
30,919 
Charge for the period
4,313 
428 
4,741 
At 31 December 2024
33,038 
2,622 
35,660 
Net book value
At 31 December 2024
53,218 
2,514 
55,732 
At 30 September 2024
57,423 
2,942 
60,365 
5
Investment property
31/12/2024 
£ 
Fair value at 1 October 2024
3,500,000 
At 31 December 2024
3,500,000 
6
Debtors
31/12/2024 
30/09/2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
8,890 
15,550 
Accrued income and prepayments
5,463 
- 
14,353 
15,550 
7
Creditors: amounts falling due within one year
31/12/2024 
30/09/2024 
£ 
£ 
VAT
13,142 
11,636 
Trade creditors
153 
1,044 
Amounts owed to group undertakings and other participating interests
3,267 
3,267 
Loans from directors
11 
12 
Accruals
17,665 
5,947 
34,238 
21,906 
8
Creditors: amounts falling due after more than one year
31/12/2024 
30/09/2024 
£ 
£ 
Bank loans
2,000,000 
2,000,000 
Other creditors
200,000 
200,000 
2,200,000 
2,200,000 
- 6 -
7 Hatton Street Limited Notes to the Accounts for the period from 1 October 2024 to 31 December 2024
9
Average number of employees
During the period the average number of employees was 2 (30/09/2024: 2).
- 7 -