Hamptons Investments Limited - Period Ending 2019-12-31
Hamptons Investments Limited - Period Ending 2019-12-31
Registration number:
for the Year Ended
Hamptons Investments Limited
Contents
Company Information |
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Balance Sheet |
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Statement of Changes in Equity |
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Notes to the Financial Statements |
Hamptons Investments Limited
Company Information
Director |
Dr A Micallef |
Registered office |
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Page 1 |
Hamptons Investments Limited
(Registration number: 03367305)
Balance Sheet as at 31 December 2019
Note |
2019 |
2018 |
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Fixed assets |
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Investments |
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Creditors: Amounts falling due within one year |
( |
( |
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Net liabilities |
( |
( |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
( |
( |
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Total equity |
( |
( |
For the financial year ending 31 December 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
.........................................
Director
Page 2 |
Hamptons Investments Limited
Statement of Changes in Equity for the Year Ended 31 December 2019
Share capital |
Profit and loss account |
Total |
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At 1 January 2019 |
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( |
( |
Loss for the year |
- |
( |
( |
Total comprehensive income |
- |
( |
( |
At 31 December 2019 |
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( |
( |
Share capital |
Profit and loss account |
Total |
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At 1 January 2018 |
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( |
( |
Profit for the year |
- |
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Total comprehensive income |
- |
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At 31 December 2018 |
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( |
( |
Page 3 |
Hamptons Investments Limited
Notes to the Financial Statements for the Year Ended 31 December 2019
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Going concern
At the year end the company had net liabilities of £35,152 (2018: 34,652). The company's beneficial owner has confirmed that financial support will continue to be provided to the company to enable it to meet its obligations and liabilities for the foreseeable future. The financial statements have therefore been prepared on a going concern basis.
Consolidation
Investments
Investments in subsidiary undertakings are held at cost less accumulated impairment losses.
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Hamptons Investments Limited
Notes to the Financial Statements for the Year Ended 31 December 2019
Creditors
Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitues a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Financial instruments
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.
Financial assets and liabilities are offest and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
Investments |
2019 |
2018 |
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Investments in subsidiaries |
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Subsidiaries |
£ |
Cost or valuation |
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At 1 January 2019 |
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Carrying amount |
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At 31 December 2019 |
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At 31 December 2018 |
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Page 5 |
Hamptons Investments Limited
Notes to the Financial Statements for the Year Ended 31 December 2019
Creditors |
Creditors: amounts falling due within one year
Note |
2019 |
2018 |
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Due within one year |
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Other loans |
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Other creditors |
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Loans and borrowings |
2019 |
2018 |
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Current loans and borrowings |
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Other loans |
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Other loans are non interest bearing and have no formal repayment terms.
Page 6 |