Tatton House Investment Ltd - Filleted accounts

Registered number

10608444

Tatton House Investment Ltd

Filleted Accounts

30 June 2025

Tatton House Investment Ltd

Company Information

Directors

Goh Gen Cheung

Peter Ka Leung Yim

[Director 3]

[Director 4]

[Director 5]

[Director 6]

[Director 7]

[Director 8]

[Director 9]

Secretary

[Secretary]

Accountants

CKW

469 Kingsway

Burnage

Manchester

M19 1NR

Bankers

[Name]

[Address line 1]

[Address line 2]

[City or town]

[County or region]

[Post code]

Solicitors

[Name]

[Address line 1]

[Address line 2]

[City or town]

[County or region]

[Post code]

Registered office

433 Wilmslow Road

Withington

Manchester

United Kingdom

M20 4AF

Registered number

10608444

Tatton House Investment Ltd
Registered number:		10608444
Balance Sheet
as at 30 June 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	4		-			-
Tangible assets	5		-			-
Investments	6		-			17,500,000
			-			17,500,000

Current assets
Stocks		-			-
Debtors	7	1,388,850			-
Investments held as current assets	8	-			-
Cash at bank and in hand		1,874			445,127
		1,390,724			445,127

Creditors: amounts falling due within one year	9	(1,390,723)			(4,545,452)

Net current assets/(liabilities)			1			(4,100,325)

Total assets less current liabilities			1			13,399,675

Creditors: amounts falling due after more than one year	10		-			(9,200,000)

Provisions for liabilities			-			(368,625)


Net assets			1			3,831,050

Capital and reserves
Called up share capital			1			1
Share premium			-			-
Revaluation reserve	12		-			-
Profit and loss account			-			3,831,049

Shareholders' funds			1			3,831,050

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Peter Ka Leung Yim
Director
Approved by the board on 25 September 2025

Tatton House Investment Ltd
Notes to the Accounts
for the year ended 30 June 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Revenue is recognised at the fair value of rental income receivable provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates. When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of future receipts. The difference between the fair value of the consideration and the nominal amount recieved is recognised as interest income.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			over 50 years
	Leasehold land and buildings			over the lease term
	Plant and machinery			over 5 years
	Fixtures, fittings, tools and equipment			over 5 years

	Investment properties
	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. The surplus or deficit on revaluation is recognised in profit or loss. Where fair value cannot be achieved without undue cost or effort, investment property is accounted for as property plant and equipment.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Exceptional items					2025		2024
£							£




						-		-


3	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					0		0


4	Intangible fixed assets							£	£
	Goodwill:

	Cost
	At 1 July 2024							-
	Additions							-
	Disposals							-
	At 30 June 2025							-

	Amortisation
	At 1 July 2024							-
	Provided during the year							-
	On disposals							-
	At 30 June 2025							-

	Net book value
	At 30 June 2025							-
	At 30 June 2024							-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


5	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total	Total
£			£		£		£		£
	Cost
	At 1 July 2024	-		-		-		-
	Additions	-		-		-		-
	Surplus on revaluation	-		-		-		-
	Disposals	-		-		-		-
	At 30 June 2025	-		-		-		-

	Depreciation
	At 1 July 2024	-		-		-		-
	Charge for the year	-		-		-		-
	Surplus on revaluation	-		-		-		-
	On disposals	-		-		-		-
	At 30 June 2025	-		-		-		-

	Net book value
	At 30 June 2025	-		-		-		-
	At 30 June 2024	-		-		-		-


	Freehold land and buildings:					2025		2024
£							£
	Historical cost					-		-
	Cumulative depreciation based on historical cost					-		-
						-		-
	[For revalued assets, state the years in which the assets were valued and their values. For assets revalued during the reporting period, state the names of the persons who revalued them or particulars of their qualifications for doing so and the bases of valuation used by them.]


6	Investments
Investments in
subsidiary					Investment		Investment
undertakings					properties		Total		properties
£					£		£		£
	Fair value
	At 1 July 2024			-		17,500,000		17,500,000
	Additions			-		-		-
	Revaluation			-		-		-
	Disposals			-		(17,500,000)		(17,500,000)

	At 30 June 2025			-		-		-

	Historical cost
	At 1 July 2024			-		16,017,746
	At 30 June 2025			-		-

	The company’s investment properties comprised Tatton House and 55–65 Hathersage Road, Manchester, M13 0EW. These properties were disposed of on 19 December 2024. The carrying amount of the investment properties at the date of disposal was £17,500,000. A gain on disposal of £1,804,951 has been recognised in the profit and loss account. The investment properties were measured at fair value through profit or loss. The most recent independent valuation was carried out on 27 April 2022 by Christopher Taylor BSc (Hons) MRICS of Lambert Smith Hampton, who are not connected with the company. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.


7	Debtors					2025		2024
£							£

	Trade debtors					-		-
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					-		-
	Deferred tax asset					-		-
	Other debtors					1,388,850		-
						1,388,850		-

	Amounts due after more than one year included above					-		-


8	Investments held as current assets					2025		2024
£							£
	Fair value
	Listed investments					-		-
	Unlisted investments					-		-
						-		-

	Increase/(decrease) in fair value included in the profit and loss account for the financial year
	Listed investments					-		-
	Unlisted investments					-		-
						-		-

	[For revalued investments, see FRS 102 paragraphs 1AC.22 and 1AC.23 for disclosures]


9	Creditors: amounts falling due within one year					2025		2024
£							£

	Non-equity preference shares					-		-
	Bank loans and overdrafts					-		160,000
	Obligations under finance lease and hire purchase contracts					-		-
	Trade creditors					-		16,829
	Amounts owed to group undertakings and undertakings in which the company has a participating interest					-		-
	Taxation and social security costs					1,386,703		120,373
	Other creditors					4,020		4,248,250
						1,390,723		4,545,452


10	Creditors: amounts falling due after one year					2025		2024
£							£

	Non-equity preference shares					-		-
	Bank loans					-		9,200,000
	Obligations under finance lease and hire purchase contracts					-		-
	Trade creditors					-		-
	Amounts owed to group undertakings and undertakings in which the company has a participating interest					-		-
	Other creditors					-		-
						-		9,200,000


11	Loans					2025		2024
£							£
	Creditors include:
	Amounts payable otherwise than by instalment falling due for payment after more than five years					-		-
	Instalments falling due for payment after more than five years					-		-
						-		-


	Secured bank loans					-		9,360,000

	The bank loan was secured on the investment property Tatton House, 55 Hathersage Road, Manchester, M13 0EW. The loan was satisifed on 19th December 2024.


12	Revaluation reserve					2025		2024
£							£

	At 1 July 2024					-		-
	Gain on revaluation of land and buildings					-		-
	Deferred taxation arising on the revaluation of land and buildings					-		-

	At 30 June 2025					-		-


13	Events after the reporting date




14	Capital commitments					2025		2024
£							£

	Amounts contracted for but not provided in the accounts					-		-


15	Pension commitments




16	Other financial commitments					2025		2024
£							£

	Total future minimum payments under non-cancellable operating leases					-		-


17	Contingent liabilities




18	Off-balance sheet arrangements




19	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd		C/fwd
£			£		£		£		£
	Goh Gen Cheung
	[Loan 1]	-		-		-		-
	[Loan 2]	-		-		-		-

	Peter Ka Leung Yim
	[Loan 1]	-		-		-		-
	[Loan 2]	-		-		-		-

	[Director 3]
	[Loan 1]	-		-		-		-
	[Loan 2]	-		-		-		-

	[Director 4]
	[Loan 1]	-		-		-		-
	[Loan 2]	-		-		-		-

	[Director 5]
	[Loan 1]	-		-		-		-
	[Loan 2]	-		-		-		-

	[Director 6]
	[Loan 1]	-		-		-		-
	[Loan 2]	-		-		-		-

	[Director 7]
	[Loan 1]	-		-		-		-
	[Loan 2]	-		-		-		-

	[Director 8]
	[Loan 1]	-		-		-		-
	[Loan 2]	-		-		-		-

	[Director 9]
	[Loan 1]	-		-		-		-
	[Loan 2]	-		-		-		-

		-		-		-		-


20	Guarantees made by the company on behalf of directors
	Main terms			Maximum	Amount paid
liability					and incurred
£					£
	Goh Gen Cheung
	[Guarantee 1]			-		-
	[Guarantee 2]			-		-

	Peter Ka Leung Yim
	[Guarantee 1]			-		-
	[Guarantee 2]			-		-

	[Director 3]
	[Guarantee 1]			-		-
	[Guarantee 2]			-		-

	[Director 4]
	[Guarantee 1]			-		-
	[Guarantee 2]			-		-

	[Director 5]
	[Guarantee 1]			-		-
	[Guarantee 2]			-		-

	[Director 6]
	[Guarantee 1]			-		-
	[Guarantee 2]			-		-

	[Director 7]
	[Guarantee 1]			-		-
	[Guarantee 2]			-		-

	[Director 8]
	[Guarantee 1]			-		-
	[Guarantee 2]			-		-

	[Director 9]
	[Guarantee 1]			-		-
	[Guarantee 2]			-		-

				-		-



21	Ultimate parent company

	The parent undertaking is Solidagent Investment Limited whose registered office address is 433 Wilmslow Road, Withington, Manchester, M20 4AF.

22	Other information

	Tatton House Investment Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	433 Wilmslow Road
	Withington
	Manchester
	United Kingdom
	M20 4AF