Heddon Holdings Limited - Limited company - abbreviated - 11.6
Heddon Holdings Limited - Limited company - abbreviated - 11.6
REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 31 DECEMBER 2014 |
FOR |
HEDDON HOLDINGS LIMITED |
HEDDON HOLDINGS LIMITED (REGISTERED NUMBER: 03122200) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 DECEMBER 2014 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
HEDDON HOLDINGS LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 DECEMBER 2014 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
HEDDON HOLDINGS LIMITED (REGISTERED NUMBER: 03122200) |
ABBREVIATED BALANCE SHEET |
31 DECEMBER 2014 |
31/12/13 | 31/12/14 |
£ | £ | Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
Investments | 3 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
( |
) | NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 4 |
Profit and loss account |
SHAREHOLDERS' FUNDS |
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. |
HEDDON HOLDINGS LIMITED (REGISTERED NUMBER: 03122200) |
ABBREVIATED BALANCE SHEET - continued |
31 DECEMBER 2014 |
The financial statements were approved by the Board of Directors on behalf by: |
HEDDON HOLDINGS LIMITED (REGISTERED NUMBER: 03122200) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 DECEMBER 2014 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance |
with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
Preparation of consolidated financial statements |
The financial statements contain information about Heddon Holdings Limited as an individual |
company and do not contain consolidated financial information as the parent of a group. The |
company has taken the option under Section 398 of the Companies Act 2006 not to prepare |
consolidated financial statements. |
Turnover |
Turnover represents net invoiced sales of services, excluding value added tax. |
Tangible fixed assets |
Freehold property | - |
Fixtures and fittings | - |
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling |
at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of |
exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at |
the operating result. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 January 2014 |
and 31 December 2014 |
DEPRECIATION |
At 1 January 2014 |
Charge for year |
At 31 December 2014 |
NET BOOK VALUE |
At 31 December 2014 |
At 31 December 2013 |
HEDDON HOLDINGS LIMITED (REGISTERED NUMBER: 03122200) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 31 DECEMBER 2014 |
3. | FIXED ASSET INVESTMENTS |
Investments |
other |
than |
loans |
£ |
COST |
At 1 January 2014 |
and 31 December 2014 | 1,000 |
NET BOOK VALUE |
At 31 December 2014 |
At 31 December 2013 |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31/12/14 | 31/12/13 |
value: | £ | £ |
Ordinary | £1 |
5. | SUBSIDIARY COMPANY |
Heddon Holdings Limited owns 1,000 of the 1,125 issued ordinary share capital of Turner Tool Hire |
Limited. The items listed have been extracted from the financial statements of Turner Tool Hire |
Limited for the year ended 31 December 2014. |
Share Capital £ 1,125 ( 2013 : £ 1,125 ) |
Reserves £ 456,794 ( 2013 : £ 409,006 ) |
Profit for the year ( before group dividends ) £ 47,788 ( 2013 : £ 87,184 ) |
Rental paid to parent company by subsidiary company £ 30,000 ( 2013 : £ 30,000 ) |
Management charge £ 10,000 ( 2013 : £ 10,000 ) |
The balance due at 31 December 2014 to Turner Tool Hire Limited from Heddon Holdings Limited |
was £113,138 (2013 - £54,302). |