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REGISTERED NUMBER: 04049625 (England and Wales)















Bradley Hatch Limited

Unaudited Financial Statements

for the year ended

31 August 2024






Bradley Hatch Limited (Registered number: 04049625)

Contents of the Financial Statements
for the year ended 31 August 2024










Page

Balance Sheet 1

Notes to the Financial Statements 2 to 4


Bradley Hatch Limited (Registered number: 04049625)

Balance Sheet
31 August 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 5 38,729 39,584

CURRENT ASSETS
Stocks 833,317 739,817
Debtors 6 25,429 17,136
Cash at bank and in hand 35,712 62,422
894,458 819,375
CREDITORS
Amounts falling due within one year 7 (344,145 ) (295,411 )
NET CURRENT ASSETS 550,313 523,964
TOTAL ASSETS LESS CURRENT LIABILITIES 589,042 563,548

CREDITORS
Amounts falling due after more than one year 8 (18,967 ) (67,367 )

PROVISIONS FOR LIABILITIES (9,682 ) (9,896 )
NET ASSETS 560,393 486,285

CAPITAL AND RESERVES
Called up share capital 12 2 2
Retained earnings 560,391 486,283
SHAREHOLDERS' FUNDS 560,393 486,285

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 May 2025 and were signed by:





B M Hatch - Director


Bradley Hatch Limited (Registered number: 04049625)

Notes to the Financial Statements
for the year ended 31 August 2024


1. STATUTORY INFORMATION

Bradley Hatch Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 04049625

Registered office: Tunstead Road
Wroxham
Norwich
Norfolk
NR12 8QG

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Leasehold property - Not depreciated
Improvements to property - 20% on reducing balance
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Bradley Hatch Limited (Registered number: 04049625)

Notes to the Financial Statements - continued
for the year ended 31 August 2024


3. ACCOUNTING POLICIES - continued

Going concern
The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 11 ) .

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
Leasehold to Plant and and
property property machinery fittings Totals
£    £    £    £    £   
COST
At 1 September 2023 1,800 37,995 108,097 65,211 213,103
Additions - - 7,864 192 8,056
At 31 August 2024 1,800 37,995 115,961 65,403 221,159
DEPRECIATION
At 1 September 2023 1,800 33,114 85,537 53,068 173,519
Charge for year - 976 6,085 1,850 8,911
At 31 August 2024 1,800 34,090 91,622 54,918 182,430
NET BOOK VALUE
At 31 August 2024 - 3,905 24,339 10,485 38,729
At 31 August 2023 - 4,881 22,560 12,143 39,584

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 5,648 -
Prepayments 19,781 17,136
25,429 17,136

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 9) 28,400 38,120
Payments on account 14,034 10,170
Trade creditors 122,377 95,634
Corporation tax 59,120 44,503
Social security and other taxes 6,547 3,102
VAT 30,706 33,423
Other creditors 11,937 6,627
Credit card 2,214 1,844
Directors' current accounts 49,540 40,806
Accrued expenses 19,270 21,182
344,145 295,411

Bradley Hatch Limited (Registered number: 04049625)

Notes to the Financial Statements - continued
for the year ended 31 August 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans (see note 9) 18,967 47,367
Other creditors - 20,000
18,967 67,367

9. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 28,400 38,120

Amounts falling due between one and two years:
Bank loans - 1-2 years 18,967 47,367

10. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year - 20,000

11. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans - 7,920

The bank loans above are secured by a personal guarantee by the director.

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2

13. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

2024 2023
£    £   
B M Hatch
Balance outstanding at start of year (60,806 ) (78,618 )
Amounts advanced 19,537 18,442
Amounts repaid (8,270 ) (630 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (49,539 ) (60,806 )