HATCH CHAPEL LTD


Directors	Anthony Alan Pinkett
	James Philip Waterman


Registered Address	107 North Street
	Martock
	TA12 6EJ


Registered Number	15963843 (England and Wales)

Balance Sheet as at
30 September 2025

	Notes	2025
		£	£
Fixed assets
Investments	3		135,125
			135,125
Current assets
Stocks		310,863
Cash at bank and on hand		9,228
		320,091
Creditors amounts falling due within one year		(302,882)
Net current assets (liabilities)			17,209
Total assets less current liabilities			152,334
Net assets			152,334
Capital and reserves
Profit and loss account			152,334
Shareholders' funds			152,334

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 10 June 2026, and are signed on its behalf by:

Anthony Alan Pinkett
Director

James Philip Waterman
Director

Registered Company No. 15963843

HATCH CHAPEL LTD

Notes to the Financial Statements
for the period ended 30 September 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. In accordance with FRS 102 Section 1A, investment properties are measured at fair value, and no depreciation is charged. Any future gains or losses arising from changes in fair value will be recognised directly within the Income Statement.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

In accordance with FRS 102 Section 1A, investment properties are measured at fair value, and no depreciation is charged. Any future gains or losses arising from changes in fair value will be recognised directly within the Income Statement.

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

2.	Average number of employees


		2025
	Average number of employees during the year	0

3.	Fixed asset investments
	The investment property was acquired during the financial year. The current valuation of £135,125 comprises the initial purchase price and subsequent capital improvement costs. The directors consider that this total cost represents the fair value of the property at 30 September 2025.

		Total
		£
	Cost or valuation
	Additions	135,125
	At 30 September 25	135,125
	Net book value
	At 30 September 25	135,125
	At 17 September 24	-

4.	Related party transactions
	Directors Loans During the year, Mr A Pinkett, a director of the company, advanced a loan to the company. The loan is unsecured, interest-free, and repayable on demand. Amount advanced during the year: £162,698 Amount repaid during the year: £100,000 Balance outstanding at the year-end: £62,698 due to the director. During the year, Mr J Waterman, a director of the company, advanced a loan to the company. The loan is unsecured, interest-free, and repayable on demand. Amount advanced during the year: £162,615 Amount repaid during the year: £100,000 Balance outstanding at the year-end: £62,615 due to the director.

Related party transactions

Directors Loans
During the year, Mr A Pinkett, a director of the company, advanced a loan to the company. The loan is unsecured, interest-free, and repayable on demand.
Amount advanced during the year: £162,698
Amount repaid during the year: £100,000
Balance outstanding at the year-end: £62,698 due to the director.

During the year, Mr J Waterman, a director of the company, advanced a loan to the company. The loan is unsecured, interest-free, and repayable on demand.
Amount advanced during the year: £162,615
Amount repaid during the year: £100,000
Balance outstanding at the year-end: £62,615 due to the director.