Accounts filed on 28-12-2019


Registered number: 03965495






Hutckinson Corporate Finance Limited


ACCOUNTS

FOR THE YEAR ENDED 28/12/2019


Hutckinson Corporate Finance Limited


ACCOUNTS
FOR THE YEAR ENDED 28/12/2019





DIRECTORS
Nancy Bennett


REGISTERED OFFICE
Winnington House 2 Woodberry Grove
North Finchley
London
N12 0DR


COMPANY DETAILS
registered in , registered number 03965495


ACCOUNTS
FOR THEYEARENDED28/12/2019



CONTENTS



		Page

Directors' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 28/12/2019

			2019		2018
	Notes		EUR		EUR

FIXED ASSETS
Investment Assets	3		3,917,535		3,917,535

CURRENT ASSETS
CREDITORS: Amounts falling due within one year	4	4,194,035		4,177,303
NET CURRENT LIABILITIES			(4,194,035)		(4,177,303)
TOTAL ASSETS LESS CURRENT LIABILITIES			(276,500)		(259,768)

CAPITAL AND RESERVES

Called up share capital	5		3		3
Other reserves	6		(7,149)		(7,149)
Profit and loss account			(269,354)		(252,622)
SHAREHOLDERS' FUNDS			(276,500)		(259,768)

For the year ending 28/12/2019 the company was entitled to exemption 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 07/09/2020 and signed on their behalf by



.............................
Nancy Bennett
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Foreign Currency
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated.




1c. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.




3. FINANCIAL ASSETS

	Shares in group companies
	and participating interests	Loans	Total
	EUR	EUR	EUR
Cost
At 29/12/2018	165,500	3,752,035	3,917,535
At 28/12/2019	165,500	3,752,035	3,917,535
Amortisation
Net Book Amounts
At 28/12/2019	165,500	3,752,035	3,917,535
At 28/12/2018	165,500	3,752,035	3,917,535
The company owns 100% of the issued share capital of Immobilnurofin SRL, a company incorporated in Romania. The principal activity of the subsidiary was that of property investment.




4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2019	2018
	EUR	EUR
Principal current account	22,088	20,945
Trade creditors	13,771	-
Accruals	2,928	6,854
Shareholders Loan Account	4,155,248	4,149,504
	4,194,035	4,177,303

The above loan bears no interest and is repayable on demand.




5. SHARE CAPITAL	2019	2018
	EUR	EUR
Allotted, issued and fully paid:
2 Ordinary shares of £1 each	3	3
	3	3