REGISTERED NUMBER: 13061812 (England and Wales)

HATHWAY HOLDINGS LTD

FINANCIAL STATEMENTS

FOR THE PERIOD 1ST JANUARY 2024 TO 31ST MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P R Hathway

S L Hawkins

SECRETARY:

S L Hawkins

REGISTERED OFFICE:

2-2a New Street

Pontnewydd

Cwmbran

NP44 1EE

REGISTERED NUMBER:

13061812 (England and Wales)

ACCOUNTANTS:

Green & Co

Chartered Certified Accountants

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

FIXED ASSETS

Investment property

4

211,418

321,649

CURRENT ASSETS

Debtors

5

248,279

44,691

Cash at bank

8,922

41,293

257,201

85,984

CREDITORS

Amounts falling due within one year

6

259,409

201,163

NET CURRENT LIABILITIES

(2,208

)

(115,179

)

TOTAL ASSETS LESS CURRENT LIABILITIES

209,210

206,470

CREDITORS

Amounts falling due after more than one year

7

94,794

103,308

NET ASSETS

114,416

103,162

CAPITAL AND RESERVES

Called up share capital

8

120

120

Retained earnings

114,296

103,042

SHAREHOLDERS' FUNDS

114,416

103,162

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2nd September 2025 and were signed on its behalf by:

P R Hathway - Director

1.	STATUTORY INFORMATION

Hathway Holdings Ltd 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.

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.

Turnover

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

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2023 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st January 2024

321,649

Additions

42,278

Disposals

(152,509

)

At 31st March 2025

211,418

NET BOOK VALUE

At 31st March 2025

211,418

At 31st December 2023

321,649

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2023

£

£

Other debtors

62,650

11,277

Directors' current accounts

185,629

33,414

248,279

44,691

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2023

£

£

Bank loans and overdrafts

6,440

5,965

Corporation Tax

57,552

13,514

Hazco inter company loan

194,817

181,334

Accruals and deferred income

600

350

259,409

201,163

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2023

£

£

Mortgage > 1 year

94,794

103,308

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2023

value:

£

£

108

Ordinary A

£1

108

108

6

Ordinary B

£1

6

12

6

Ordinary C

£1

6

-

120

120

9.	RELATED PARTY DISCLOSURES

At 31st March 2025 the company is owed £35,563 by P R Hathway (Dec 2023 - £13,555) and is owed £150,067 by S L Hawkins (Dec 2023 - £19,859).

At 31st March 2025 the company owed £194,817 to Hazco (UK) Ltd (Dec 2023: £181,334), a business under the control of the parent company; Hathway Holdings Limited.