Hatley Developments Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04349509 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 August 2025

for

Hatley Developments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

5

DIRECTORS:

Ms G A Hatley

Mr J D Hatley

REGISTERED OFFICE:

ASM House

103a Keymer Road

Hassocks

West Sussex

BN6 8QL

REGISTERED NUMBER:

04349509 (England and Wales)

FIXED ASSETS

Investment property

4

209,000

CURRENT ASSETS

Cash at bank

23

CREDITORS

Amounts falling due within one year

5

267,770

NET CURRENT LIABILITIES

(267,747

)

(267,747

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(58,747

)

(58,747

)

CAPITAL AND RESERVES

Called up share capital

100

Fair value reserve

6

14,049

Retained earnings

(72,896

)

(72,896

)

SHAREHOLDERS' FUNDS

(58,747

)

(58,747

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 August 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 May 2026 and were signed on its behalf by:

Mr J D Hatley - Director

1.	STATUTORY INFORMATION

Hatley Developments 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 as modified by the revaluation of certain assets.

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 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 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 2 (2024 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 31 August 2024

and 30 August 2025

209,000

NET BOOK VALUE

At 30 August 2025

209,000

At 30 August 2024

209,000

Fair value at 30 August 2025 is represented by:

£

Valuation in 2021

209,000

**	TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF

INVESTMENT PROPERTY

'COST' ACCOUNT TOTAL

Cost/valuation b/f

209,000

CLIENT SCREEN TOTAL

=

-

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.8.25

30.8.24

£

Trade creditors

1

Other creditors

267,769

267,770

6.

RESERVES

Fair

value

reserve

£

At 31 August 2024

and 30 August 2025

14,049

7.	RELATED PARTY DISCLOSURES

During the year the company entered into the following transactions with related parties:

Included in other creditors is an amount of £45,442 due to Hatley Homes Limited, a company of which the directors are also directors and shareholders.

Included in other creditors is an amount of £203,822 due to the Hatley Directors Pension Fund, The Hatley Directors Pension Fund was set up to provide benefits to the directors. The directors of the company are trustees of the pension scheme.

Included in other creditors is an amount of £14,067 due to Hatley Restaurants Limited, a company of which the directors are also directors and shareholders.

Included in other creditors is an amount of £4,437 due to Mr J Hatley a director and shareholder of the company.

8.	ULTIMATE CONTROLLING PARTY

The controlling party is the shareholders.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Hatley Developments Limited for the year ended 30 August 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Hatley Developments Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Hatley Developments Limited and state those matters that we have agreed to state to the Board of Directors of Hatley Developments Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hatley Developments Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Hatley Developments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Hatley Developments Limited. You consider that Hatley Developments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Hatley Developments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

ASM Chartered Accountants

ASM House

103a Keymer Road

Hassocks

West Sussex

BN6 8QL

Date: .............................................