Company Registration No. 5296367 (England and Wales)
Hatley Print Limited
Unaudited accounts
for the year ended 31 December 2024
Hatley Print Limited
Unaudited accounts
Contents
Hatley Print Limited
Company Information
for the year ended 31 December 2024
Directors
Louise Hatley
Daniel Rumsey Williams
Company Number
5296367 (England and Wales)
Registered Office
1 West Street
Lewes
East Sussex
BN7 2NZ
Accountants
Maxwell-Gumbleton & Co.
1 West Street
Lewes
East Sussex
BN7 2NZ
Hatley Print Limited
Statement of financial position
as at 31 December 2024
Tangible assets
10,555
11,156
Cash at bank and in hand
291,341
271,420
Creditors: amounts falling due within one year
(114,919)
(107,944)
Net current assets
241,727
206,408
Total assets less current liabilities
252,282
217,564
Provisions for liabilities
Deferred tax
(2,639)
(2,789)
Net assets
249,643
214,775
Called up share capital
1,000
1,000
Profit and loss account
248,643
213,775
Shareholders' funds
249,643
214,775
For the year 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 17 September 2025 and were signed on its behalf by
Daniel Rumsey Williams
Director
Company Registration No. 5296367
Hatley Print Limited
Notes to the Accounts
for the year ended 31 December 2024
Hatley Print Limited is a private company, limited by shares, registered in England and Wales, registration number 5296367. The registered office is 1 West Street, Lewes, East Sussex, BN7 2NZ.
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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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
10% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
3 year straight line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Hatley Print Limited
Notes to the Accounts
for the year ended 31 December 2024
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.
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
30,626
5,527
1,573
37,726
At 31 December 2024
30,626
5,527
3,168
39,321
At 1 January 2024
20,798
4,900
872
26,570
Charge for the year
983
156
1,057
2,196
At 31 December 2024
21,781
5,056
1,929
28,766
At 31 December 2024
8,845
471
1,239
10,555
At 31 December 2023
9,828
627
701
11,156
Amounts falling due within one year
Trade debtors
44,643
18,298
Accrued income and prepayments
1,490
7,539
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Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
382
697
Trade creditors
1,139
8,420
Taxes and social security
43,960
39,469
Other creditors
7,187
1,104
Loans from directors
16,723
46,627
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
Hatley Print Limited
Notes to the Accounts
for the year ended 31 December 2024
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Operating lease commitments
2024
2023
At 31 December 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
3,540
3,330
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Average number of employees
During the year the average number of employees was 2 (2023: 2).