Abbreviated Company Accounts - HERITABLE TRUST INVESTMENT COMPANY LIMITED

HERITABLE TRUST INVESTMENT COMPANY LIMITED - Company Information

01556792 HERITABLE TRUST INVESTMENT COMPANY LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 01556792 2014-01-01 2014-12-31 01556792 2014-12-31 01556792 2013-12-31 01556792 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 01556792 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 01556792

HERITABLE TRUST INVESTMENT COMPANY LIMITED

Abbreviated Accounts

31 December 2014

HERITABLE TRUST INVESTMENT COMPANY LIMITED Registered Number 01556792

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Current assets
Stocks		722,215	722,215
Debtors		2,311,641	2,340,446
Cash at bank and in hand		82,760	6,186
		3,116,616	3,068,847
Creditors: amounts falling due within one year		(463,201)	(632,057)
Net current assets (liabilities)		2,653,415	2,436,790
Total assets less current liabilities		2,653,415	2,436,790
Total net assets (liabilities)		2,653,415	2,436,790
Capital and reserves
Called up share capital	2	100	100
Profit and loss account		2,653,315	2,436,690
Shareholders' funds		2,653,415	2,436,790

For the year ending 31 December 2014 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 13 July 2015

And signed on their behalf by:
J B RICHMOND-DODD, Director

HERITABLE TRUST INVESTMENT COMPANY LIMITED Registered Number 01556792

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
1.1 Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2 Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

Turnover policy
1.3 Turnover
Turnover represents amounts receivable from the sale of properties and rents receivable.

Valuation information and policy
1.4 Stock
Stock is valued at the lower of cost and net realisable value.

2Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100