Company registration number 15192807 (England and Wales)
10 HATCH HOMES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024
PAGES FOR FILING WITH REGISTRAR
10 HATCH HOMES LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
10 HATCH HOMES LTD (REGISTERED NUMBER: 15192807)
BALANCE SHEET
AS AT 31 OCTOBER 2024
31 October 2024
- 1 -
2024
Notes
£
£
Fixed assets
Investment property
3
211,106
Current assets
Debtors
4
691
Cash at bank and in hand
89,990
90,681
Creditors: amounts falling due within one year
5
(306,778)
Net current liabilities
(216,097)
Net liabilities
(4,991)
Capital and reserves
Called up share capital
6
100
Profit and loss reserves
(5,091)
Total equity
(4,991)

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial period ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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 members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

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

The financial statements were approved and signed by the director and authorised for issue on 29 May 2025
Mr P Hatch
Director
10 HATCH HOMES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024
- 2 -
1
Accounting policies
Company information

10 Hatch Homes Ltd is a private company limited by shares incorporated in England and Wales. The registered office is The Square, Wrotham, Sevenoaks, England, TN15 7AA.

1.1
Reporting period

The reporting period runs from the date of incorporation on 6 October 2023 to 31 October 2024.

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.3
Turnover

Turnover is recognised at the fair value of consideration received or receivable for the rental income provided in the normal course of business. The following criteria must also be met before turnover is recognised.

 

Turnover from a contract to provide services is recognised in the period in which the rental services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

1.4
Investment property

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. Changes in fair value are recognised in profit or loss. Investment property is not subject to depreciation.

10 HATCH HOMES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 OCTOBER 2024
- 3 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2024
Number
Total
1
3
Investment property
2024
£
Fair value
At 6 October 2023
-
0
Additions
211,106
At 31 October 2024
211,106

Investment property comprises £211,106. The property valuations were arrived at by the director's best estimate.

4
Debtors
2024
Amounts falling due within one year:
£
Other debtors
691
5
Creditors: amounts falling due within one year
2024
£
Other creditors
306,778
6
Called up share capital
2024
2024
Ordinary share capital
Number
£
Issued and fully paid
Ordinary A shares of £1 each
75
75
Ordinary B shares of £1 each
20
20
Ordinary C shares of £1 each
5
5
100
100
10 HATCH HOMES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 OCTOBER 2024
- 4 -
7
Related party transactions

Within other creditors is a balance of £120,000 owed to a connected company.

2024-10-312023-10-06falsefalsefalse29 May 2025CCH SoftwareCCH Accounts Production 2025.100No description of principal activityMr P Hatch151928072023-10-062024-10-31151928072024-10-3115192807core:CurrentFinancialInstrumentscore:WithinOneYear2024-10-3115192807core:ShareCapital2024-10-3115192807core:RetainedEarningsAccumulatedLosses2024-10-3115192807core:ShareCapitalOrdinaryShareClass12024-10-3115192807core:ShareCapitalOrdinaryShareClass22024-10-3115192807core:ShareCapitalOrdinaryShareClass32024-10-3115192807core:ShareCapitalOrdinaryShares2024-10-3115192807bus:Director12023-10-062024-10-31151928072023-10-0515192807core:WithinOneYear2024-10-3115192807core:CurrentFinancialInstruments2024-10-3115192807bus:OrdinaryShareClass12023-10-062024-10-3115192807bus:OrdinaryShareClass22023-10-062024-10-3115192807bus:OrdinaryShareClass32023-10-062024-10-3115192807bus:OrdinaryShareClass12024-10-3115192807bus:OrdinaryShareClass22024-10-3115192807bus:OrdinaryShareClass32024-10-3115192807bus:AllOrdinaryShares2024-10-3115192807bus:PrivateLimitedCompanyLtd2023-10-062024-10-3115192807bus:SmallCompaniesRegimeForAccounts2023-10-062024-10-3115192807bus:FRS1022023-10-062024-10-3115192807bus:AuditExemptWithAccountantsReport2023-10-062024-10-3115192807bus:FullAccounts2023-10-062024-10-31xbrli:purexbrli:sharesiso4217:GBP