REGISTERED NUMBER: 05149070 (England and Wales)

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

TATTON HALL HOMES LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

C Tatton

M Beddows

REGISTERED OFFICE:

34 Waterloo Road

Wolverhampton

West Midlands

WV1 4DG

REGISTERED NUMBER:

05149070 (England and Wales)

AUDITORS:

Crombies Accountants Limited

Chartered Accountants and Statutory Auditor

34 Waterloo Road

Wolverhampton

West Midlands

WV1 4DG

FIXED ASSETS

Tangible assets

4

6,912

11,520

Investments

5

477

477

7,389

11,997

CURRENT ASSETS

Stocks

6

610,330

536,545

Debtors

7

423,264

548,065

Prepayments and accrued income

4,540

-

Cash at bank

307,516

234,561

1,345,650

1,319,171

CREDITORS

Amounts falling due within one year

8

788,901

736,923

NET CURRENT ASSETS

556,749

582,248

TOTAL ASSETS LESS CURRENT LIABILITIES

564,138

594,245

PROVISIONS FOR LIABILITIES

11

1,750

2,880

NET ASSETS

562,388

591,365

CAPITAL AND RESERVES

Called up share capital

1,004

1,004

Share premium

529,650

529,650

Retained earnings

31,734

60,711

SHAREHOLDERS' FUNDS

562,388

591,365

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 Board of Directors and authorised for issue on 15 September 2025 and were signed on its behalf by:

C Tatton - Director

1.	STATUTORY INFORMATION

Tatton Hall Homes Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

The financial statements have been prepared on the going concern basis in light of the continued support from Mr C Tatton and his wife Mrs J Tatton who together are the majority shareholders of the company.

Preparation of consolidated financial statements

The financial statements contain information about Tatton Hall Homes Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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.

Motor vehicles

-

20% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1 January 2024

and 31 December 2024

23,040

DEPRECIATION

At 1 January 2024

11,520

Charge for year

4,608

At 31 December 2024

16,128

NET BOOK VALUE

At 31 December 2024

6,912

At 31 December 2023

11,520

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

477

NET BOOK VALUE

At 31 December 2024

477

At 31 December 2023

477

6.

STOCKS

2024

2023

£

£

Work-in-progress - land

572,671

63,217

WIP - building work

37,659

178,328

Finished goods

-

295,000

610,330

536,545

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

-

10,738

Amounts owed by group undertakings

423,264

537,252

Other debtors

-

75

423,264

548,065

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts (see note 9)

32,527

53,899

Trade creditors

29,308

38,629

Amounts owed to group undertakings

367,617

304,750

Social security and other taxes

3,212

6,591

VAT

189

25,912

Other creditors

5,149

5,149

Pension

450

450

Management cos

-

1,094

Directors' current accounts

347,949

297,949

Accruals and deferred income

2,500

2,500

788,901

736,923

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

32,527

53,899

10.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

32,527

53,899

The bank loan is secured by a fixed charge over the land and buildings of the company.

11.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

1,750

2,880

Deferred

tax

£

Balance at 1 January 2024

2,880

Credit to Income Statement during year

(1,130

)

Balance at 31 December 2024

1,750

12.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mark Fletcher BSc ACA (Senior Statutory Auditor)

for and on behalf of Crombies Accountants Limited

13.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 December 2024 and the period ended 31 December 2023:

2024

2023

£

£

C Tatton

Balance outstanding at start of year

(297,949

)

97,258

Amounts advanced

350,000

107,140

Amounts repaid

(400,000

)

(502,347

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(347,949

)

(297,949

)