Hatfield Properties Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 07979025

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		305,321		303,336

			305,321		303,336
CURRENT ASSETS
Debtors	5	11,911		1,506
Cash at bank and in hand		34,668		57,490

		46,579		58,996
Creditors: Amounts Falling Due Within One Year	6	(25,105 )		(24,682 )

NET CURRENT ASSETS (LIABILITIES)			21,474		34,314

TOTAL ASSETS LESS CURRENT LIABILITIES			326,795		337,650

Creditors: Amounts Falling Due After More Than One Year	7		(255,781 )		(266,652 )

NET ASSETS			71,014		70,998

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			70,914		70,898

SHAREHOLDERS' FUNDS			71,014		70,998

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Hatfield Properties Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr GEORGE STRATIS

Director

23/12/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Hatfield Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07979025 . The registered office is Southgate Office Village, 286a Chase Road, Southgate, London, N14 6HF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover represents rental income received during the year.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	No depreciation is provided
Plant & Machinery	20% on a reducing balance method

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Total
	£	£	£
Cost
As at 1 April 2024	299,114	9,026	308,140
Additions	2,390	549	2,939

As at 31 March 2025	301,504	9,575	311,079

Depreciation
As at 1 April 2024	-	4,804	4,804
Provided during the period	-	954	954

As at 31 March 2025	-	5,758	5,758

Net Book Value
As at 31 March 2025	301,504	3,817	305,321

As at 1 April 2024	299,114	4,222	303,336

In the opinion of the director the fair value of the properties has not materially changed since the date of their acquisition.

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Hatfield Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Cost or valuation as at 31 March 2025 represented by:

	Land & Property
	Leasehold	Plant & Machinery	Total
	£	£	£
At cost	301,504	9,575	311,079

	301,504	9,575	311,079

5. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	1,459	1,506
Director's loan account	10,452	-

	11,911	1,506

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	9,074	7,400
Other creditors	15,123	15,121
Accruals and deferred income	908	840
Director's loan account	-	1,321

	25,105	24,682

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	255,781	266,652

Included in creditors is a bounce bank loan of £9,250. The government guarantees 100% of the bounce loan and there are no fees or interest for the first 12 months. After 12 months , the interest is capped at 2.5% per year and the total amount payable must be repaid by way of 60 consecutive monthly payments (consisting of capital and interest).

8. Secured Creditors

Of the creditors falling due within and after more than one year the following amounts are secured.

Bank loans are secured over the leasehold properties of the company.

	2025		2024
	£		£
Bank loans and overdrafts	255,605		257,402

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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Hatfield Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Mr GEORGE STRATIS	(1,321 )	12,010	(237 )	-	10,452

The above loan is unsecured and repayable on demand. During the year interest is charged on overdrawn director loan account at the official interest rate.

This loan was repaid within the nine months after the year end.

11. Related Party Transactions

Included in debtors amount falling due within one year is an amount of £10,452 (2024: £1,321 due to) due from Mr George Stratis, director of the company.

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