Hacho Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06558737 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

HACHO LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

L Diez De Onate

REGISTERED OFFICE:

Flat C

20 St Charles Square

London

W10 6EE

REGISTERED NUMBER:

06558737 (England and Wales)

ACCOUNTANTS:

IGD Accounting Services Limited

29a High Street

West Wickham

Kent

BR4 0LP

CURRENT ASSETS

Debtors

4

304,301

236,645

Investments

5

350,000

Cash at bank

2,260

4,049

656,561

590,694

CREDITORS: AMOUNTS FALLING
DUE WITHIN ONE YEAR

6

609,282

590,272

NET CURRENT ASSETS

47,279

422

TOTAL ASSETS LESS CURRENT
LIABILITIES

47,279

422

CREDITORS: AMOUNTS FALLING
DUE AFTER MORE THAN ONE YEAR

7

42,708

-

NET ASSETS

4,571

422

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

4,570

421

SHAREHOLDERS' FUNDS

4,571

422

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

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

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 December 2025 and were signed by:

L Diez De Onate - Director

1.	STATUTORY INFORMATION

Hacho 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.

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 represents net invoiced sales of services, excluding value added tax.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Other debtors

304,301

236,645

5.	CURRENT ASSET INVESTMENTS

31.3.25

31.3.24

£

Unlisted investments

350,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Bank loans and overdrafts

31,008

26,570

Trade creditors

136,905

137,467

Taxation and social security

118,844

88,230

Other creditors

322,525

338,005

609,282

590,272

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.25

31.3.24

£

Other creditors

42,708

-

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

L Diez De Onate

Balance outstanding at start of year

77,380

90,125

Amounts advanced

-

77,380

Amounts repaid

(77,380

)

(90,125

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

77,380

9.	RELATED PARTY DISCLOSURES

As at 31 March 2025 the company was owed £96,465 (2024:£41,435) by Argentum Realty Ltd a company in which L. Diez De Onate is the sole director and shareholder.

As at 31 March 2025 the company was owed £10,526 (2024:£9,832) from Chess Rook Properties Ltd a company in which L. Diez De Onate is a director and shareholder.

As at 31 March 2025 the company was owed £6,711 (2024:£6,087) from Chess Real Estate Finance Ltd a company controlled by L. Diez De Onate.

As at 31 March 2025 the company owed £27,100 (2024:£27,100) to Argentum Investments Ltd a company in which L. Diez De Onate has significant influence.

As at 31 March 2025 the company owed £128,627 (2024:£128,627) to Pichu Realty & Finance Ltd a company in which L. Diez De Onate is the sole director and shareholder.

As at 31 March 2025 the company owed £56,417 (2024:£56,517) to Chess Investment Club Ltd a company in which L. Diez De Onate is the sole director and shareholder.

As at 31 March 2025 the company was owed £1,200 (2024:(£1,500)) from Chess Club Advisors Ltd a company controlled by L. Diez De Onate.

As at 31 March 2025 the company owed £38,880 (2024:£61,749) to Argentum Property Ltd. Sophie Allen is the sole director and shareholder of the company and is a close family member of L. Diez De Onate.

As at 31 March 2025 the company owed £6,338 (2024:£6,338) to Cortijo Grande de Guadarranque SA a company in which L. Diez De Onate is a director and shareholder.