Whitehall Court Limited - Period Ending 2014-12-31

Registration number: 03711103

Whitehall Court Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 December 2014
 

Redshield Business Solutions Limited
Chartered Accountants
Suite 3, 1 - 3 Warren Court
Park Road
Crowborough
East Sussex
TN6 2QX

Whitehall Court Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Whitehall Court Limited
(Registration number: 03711103)
Abbreviated Balance Sheet at 31 December 2014

		Note			2014 £			2013 £
Fixed assets
Investments					396,485			396,485
Current assets
Debtors		3			326,206			106,205
Cash at bank and in hand					165,066			1,228,328
					491,272			1,334,533
Creditors: Amounts falling due within one year					(632,966)			(1,464,715)
Net current liabilities					(141,694)			(130,182)
Net assets					254,791			266,303
Capital and reserves
Called up share capital		4			6			6
Profit and loss account					254,785			266,297
Shareholders' funds					254,791			266,303

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 21 September 2015 and signed on its behalf by:

.........................................
PMA Lloyd
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Whitehall Court Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Exemption from preparing group accounts

The company is part of a small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts.

Going concern

The company sold its trading property in the previous the year and ceased to trade. The directors believe that the assets and liabilities of the company are fully recoverable/payable and so continue to be shown at their book value.

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Investments £			Total £
Cost
At 1 January 2014		396,485			396,485
At 31 December 2014		396,485			396,485
Depreciation
At 31 December 2014		-			-
Net book value
At 31 December 2014		396,485			396,485
At 31 December 2013		396,485			396,485

Page 2

Whitehall Court Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2014
......... continued

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking	Country of incorporation	Holding	Proportion of voting rights and shares held	Principal activity
Subsidiary undertakings
Whitehall Court (Investments) Limited		Ordinary shares	100%	property investment

3

Debtors

Debtors includes £220,000 (2013 - £nil) receivable after more than one year.

 

4	Share capital

Allotted, called up and fully paid shares

	2014						2013
		No.			£			No.			£
Ordinary shares of £1 each		6			6			6			6

5	Related party transactions

Directors' advances and credits

	2014 Advance/ Credit £	2014 Repaid £	2013 Advance/ Credit £	2013 Repaid £
PMA Lloyd
Director's Loan	-	-	7,668	-

6

Control

The company is controlled by P M A Lloyd and The Estate of G A Blott.

Page 3