Hatch Autochemicals (1992) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02733364 (England and Wales)

HATCH AUTOCHEMICALS (1992) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R M Hatch

S D Smith

SECRETARY:

Mrs P Hatch

REGISTERED OFFICE:

Highland House

Mayflower Close

Chandlers Ford

Eastleigh

Hampshire

SO53 4AR

REGISTERED NUMBER:

02733364 (England and Wales)

FIXED ASSETS

Intangible assets

4

170,000

Tangible assets

5

119,955

111,337

289,955

281,337

CURRENT ASSETS

Stocks

35,998

41,468

Debtors

6

57,092

63,658

93,090

105,126

CREDITORS

Amounts falling due within one year

7

(92,803

)

(100,012

)

NET CURRENT ASSETS

287

5,114

TOTAL ASSETS LESS CURRENT
LIABILITIES

290,242

286,451

CREDITORS

Amounts falling due after more than one
year

8

(116,239

)

(86,304

)

PROVISIONS FOR LIABILITIES

(49,036

)

(53,728

)

NET ASSETS

124,967

146,419

CAPITAL AND RESERVES

Called up share capital

100

Capital redemption reserve

25

Non-

distributable reserves

127,500

Retained earnings

(2,658

)

18,794

SHAREHOLDERS' FUNDS

124,967

146,419

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2026 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 7 October 2026 and were signed on its behalf by:

R M Hatch - Director

1.	STATUTORY INFORMATION

Hatch Autochemicals (1992) 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 FRS 102 "The Financial Reporting Standards applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies' regime.

The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

Going concern

The director is satisfied that the company is a going concern for at least 12 months following the signing of these financial statements. Accordingly, the financial statements have been prepared on this basis.

Turnover

Turnover represents sales of goods net of VAT and trade discounts. Turnover is recognised when the goods are physically dispatched to the customer.

Intangible assets

The company purchased the right to operate in certain postcodes. The company has valued the licences for the postcodes in which it operates at fair value. Any aggregate surplus or deficit arising from changes in fair value is recognised in the non-distributable reserve.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% Straight line

Fixtures and fittings

-

15% Straight line

Motor vehicles

-

25% Reducing balance and Straight line over 3 years

Computer equipment

-

15% Straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is recognised in the income statement.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Financial assets

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other receivables and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Financial liabilities

Basic financial liabilities, which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Equity instruments

Equity instruments issued by the company are recorded at the fair value of the proceeds received net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Sales

territory

£

COST

At 1 September 2025

and 31 August 2026

170,000

NET BOOK VALUE

At 31 August 2026

170,000

At 31 August 2025

170,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

COST

At 1 September 2025

4,200

525

214,462

7,108

226,295

Additions

-

124,500

-

124,500

Disposals

-

(114,950

)

-

(114,950

)

At 31 August 2026

4,200

525

224,012

7,108

235,845

DEPRECIATION

At 1 September 2025

4,200

335

105,697

4,726

114,958

Charge for year

-

52

28,246

628

28,926

Eliminated on disposal

-

(27,994

)

-

(27,994

)

At 31 August 2026

4,200

387

105,949

5,354

115,890

NET BOOK VALUE

At 31 August 2026

-

138

118,063

1,754

119,955

At 31 August 2025

-

190

108,765

2,382

111,337

The net book value of tangible fixed assets includes £101,707 (2025 - £107,161) in respect of assets held under hire purchase contracts.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

56,464

62,784

Other debtors

628

874

57,092

63,658

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

22,468

21,728

Hire purchase contracts (see note 9)

13,752

10,577

Trade creditors

22,335

36,977

Taxation and social security

7,928

11,183

Other creditors

26,320

19,547

92,803

100,012

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2026

2025

£

Hire purchase contracts (see note 9)

64,803

86,304

Other creditors

51,436

-

116,239

86,304

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2026

2025

£

Net obligations repayable:

Within one year

13,752

10,577

Between one and five years

64,803

86,304

78,555

96,881

Non-cancellable

operating leases

2026

2025

£

Within one year

-

7,818

10.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

Hire purchase contracts

78,555

96,881

The hire purchase liabilities are secured against the assets to which they relate.