Hill Investments Limited - Limited company - abbreviated - 11.6
Hill Investments Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| HILL INVESTMENTS LIMITED |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 31ST DECEMBER 2014 |
| HILL INVESTMENTS LIMITED (REGISTERED NUMBER: 03926318) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31ST DECEMBER 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 | to | 3 |
| Notes to the Abbreviated Accounts | 4 | to | 5 |
| HILL INVESTMENTS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31ST DECEMBER 2014 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| HILL INVESTMENTS LIMITED (REGISTERED NUMBER: 03926318) |
| ABBREVIATED BALANCE SHEET |
| 31ST DECEMBER 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investment property | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| 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. |
| HILL INVESTMENTS LIMITED (REGISTERED NUMBER: 03926318) |
| ABBREVIATED BALANCE SHEET - continued |
| 31ST DECEMBER 2014 |
| The financial statements were approved by the Board of Directors on behalf by: |
| HILL INVESTMENTS LIMITED (REGISTERED NUMBER: 03926318) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31ST 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). |
| Turnover |
| Turnover represents rent of property and services. |
| Tangible fixed assets |
| Plant and machinery | - |
| Investment property |
| Investment property is included in the balance sheet at open market value. |
| In accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), no |
| depreciation is provided in respect of such freehold properties. Such properties are not held for |
| consumption but for investment and the directors consider that to depreciate them would not give a |
| true and fair view. Depreciation is only one of the many factors reflected in the annual valuation of |
| properties and accordingly the amount of depreciation which might otherwise have been charged |
| cannot be separately identified or quantified. The directors consider that this policy results in the |
| accounts giving a true and fair view. |
| Rentals receivable under operating leases are credited to income on a straight line basis over the |
| lease term. |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
| the balance sheet date where transactions or events have occurred at that date that will result in an |
| obligation to pay more, or a right to pay less or to receive more, tax, with the following exception: |
| Deferred tax assets are recognised only to the extent that the directors consider that it is more likely |
| than not that there will be suitable taxable profits from which the future reversal of the underlying timing |
| differences can be deducted. |
| Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the |
| periods in which timing differences reverse, based on the tax rates and laws enacted or substantively |
| enacted at the balance sheet date. |
| HILL INVESTMENTS LIMITED (REGISTERED NUMBER: 03926318) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31ST DECEMBER 2014 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st January 2014 |
| and 31st December 2014 |
| DEPRECIATION |
| At 1st January 2014 |
| Charge for year |
| At 31st December 2014 |
| NET BOOK VALUE |
| At 31st December 2014 |
| At 31st December 2013 |
| 3. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST |
| At 1st January 2014 |
| and 31st December 2014 |
| NET BOOK VALUE |
| At 31st December 2014 |
| At 31st December 2013 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Ordinary A | £1 |
| Ordinary B | £1 |
| 100 | 100 |