| Hatch & Mason Limited |
| Registered number: |
08670092 |
| Balance Sheet |
| as at 31 August 2020 |
|
| Notes |
|
|
2020 |
|
|
2019 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
2,146 |
|
|
2,862 |
|
| Current assets |
| Work in progress |
|
|
34,000 |
|
|
22,000 |
| Debtors |
4 |
|
8,483 |
|
|
16,156 |
| Cash at bank and in hand |
|
|
21,387 |
|
|
5,057 |
|
|
|
63,870 |
|
|
43,213 |
|
| Creditors: amounts falling due within one year |
5 |
|
(10,524) |
|
|
(3,189) |
|
| Net current assets |
|
|
|
53,346 |
|
|
40,024 |
|
| Total assets less current liabilities |
|
|
|
55,492 |
|
|
42,886 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(40,014) |
|
|
(40,014) |
|
|
|
| Net assets |
|
|
|
15,478 |
|
|
2,872 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
15,477 |
|
|
2,871 |
|
| Shareholder's funds |
|
|
|
15,478 |
|
|
2,872 |
|
|
|
|
|
|
|
|
| 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. |
|
|
|
|
| Andreas Andreou |
| Director |
| Approved by the board on 28 April 2021 |
|
| Hatch & Mason Limited |
| Notes to the Accounts |
| for the year ended 31 August 2020 |
|
|
| 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 consists of revenue earned from the rendering of services. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Computer equipment |
25% on written down value |
|
Fixtures & fittings |
25% on written down value |
|
|
Work in progress |
|
Work in progress represents the cost of time and materials expended on a project in hand at the end of the financial year. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). |
|
|
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. |
|
|
| 2 |
Employees |
2020 |
|
2019 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Computer equipment |
|
Fixtures & fittings |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 September 2019 |
7,312 |
|
1,155 |
|
8,467 |
|
At 31 August 2020 |
7,312 |
|
1,155 |
|
8,467 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 September 2019 |
5,010 |
|
595 |
|
5,605 |
|
Charge for the year |
576 |
|
140 |
|
716 |
|
At 31 August 2020 |
5,586 |
|
735 |
|
6,321 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 August 2020 |
1,726 |
|
420 |
|
2,146 |
|
At 31 August 2019 |
2,302 |
|
560 |
|
2,862 |
|
|
| 4 |
Debtors |
2020 |
|
2019 |
| £ |
£ |
|
|
H&M Developments Ltd |
8,483 |
|
16,156 |
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2020 |
|
2019 |
| £ |
£ |
|
|
Director's current account |
7 |
|
323 |
|
Taxation and social security costs |
6,643 |
|
1,516 |
|
Other creditors |
3,874 |
|
1,350 |
|
|
|
|
|
|
10,524 |
|
3,189 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2020 |
|
2019 |
| £ |
£ |
|
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
40,014 |
|
40,014 |
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
Hatch & Mason Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
203 Westminster Bridge Road |
|
London |
|
SE1 7FR |
