ERNEST HATHAWAY ASSOCIATES LIMITED

Registered number

10278595

Filleted Accounts

30 November 2025

ERNEST HATHAWAY ASSOCIATES LIMITED
Registered number:		10278595
Balance Sheet
as at 30 November 2025

Notes			2025			2024
£				£
Current assets
Debtors	3	6,726			6,726
Investments held as current assets	4	33,070			33,070
Cash at bank and in hand		927			927
		40,723			40,723

Creditors: amounts falling due within one year	5	(20,051)			(20,051)

Net current assets			20,672			20,672

Total assets less current liabilities			20,672			20,672

Creditors: amounts falling due after more than one year	6		8,185			8,185



Net assets			28,857			28,857

Capital and reserves
Called up share capital			3			3
Profit and loss account			28,854			28,854

Shareholder's funds			28,857			28,857

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




N Kassis
Director
Approved by the board on 11 August 2026

ERNEST HATHAWAY ASSOCIATES LIMITED
Notes to the Accounts
for the year ended 30 November 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	25% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		1		2


3	Debtors		2025		2024
£				£

	Other debtors		6,726		6,726


4	Investments held as current assets		2025		2024
£				£
	Fair value
	Unlisted investments		33,070		33,070

	Increase/(decrease) in fair value included in the profit and loss account for the financial year
	Unlisted investments		-		21,361



5	Creditors: amounts falling due within one year		2025		2024
£				£

	Bank loans and overdrafts		18,174		18,174
	Taxation and social security costs		1,877		1,877
	Other creditors		-		-
			20,051		20,051


6	Creditors: amounts falling due after one year		2025		2024
£				£

	Other creditors		(8,185)		(8,185)


7	Other information

	ERNEST HATHAWAY ASSOCIATES LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	18 Roneo Corner
	Hornchurch
	RM12 4TN