Abbreviated Company Accounts - HIGHLAND CAPITAL PARTNERS (UK) MANAGEMENT LIMITED

HIGHLAND EUROPE (UK) MANAGEMENT LIMITED - Company Information

07378379 HIGHLAND CAPITAL PARTNERS (UK) MANAGEMENT LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 07378379 2014-01-01 2014-12-31 07378379 2014-12-31 07378379 2013-12-31 07378379 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 07378379 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 07378379

HIGHLAND CAPITAL PARTNERS (UK) MANAGEMENT LIMITED

Abbreviated Accounts

31 December 2014

HIGHLAND CAPITAL PARTNERS (UK) MANAGEMENT LIMITED Registered Number 07378379

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	4,934	10,185
Investments	3	23,009	23,009
		27,943	33,194
Current assets
Debtors		66,427	127,182
Cash at bank and in hand		22,682	6,861
		89,109	134,043
Creditors: amounts falling due within one year		(36,093)	(89,181)
Net current assets (liabilities)		53,016	44,862
Total assets less current liabilities		80,959	78,056
Total net assets (liabilities)		80,959	78,056
Capital and reserves
Called up share capital	4	639	639
Other reserves		90,000	90,000
Profit and loss account		(9,680)	(12,583)
Shareholders' funds		80,959	78,056

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 29 September 2015

And signed on their behalf by:
L Garrett, Director

HIGHLAND CAPITAL PARTNERS (UK) MANAGEMENT LIMITED Registered Number 07378379

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

The company is the parent undertaking of a small group and as such is not required by the Companies Act 2006 to prepare group accounts. These financial statements therefore present information about the company as an individual undertaking and not about its group.

Turnover policy
Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures and fittings - Over the length of the lease
Office equipment - 3 years straight line

2Tangible fixed assets

	£
Cost
At 1 January 2014	11,739
Additions	-
Disposals	(2,469)
Revaluations	-
Transfers	-
At 31 December 2014	9,270
Depreciation
At 1 January 2014	1,554
Charge for the year	2,782
On disposals	-
At 31 December 2014	4,336
Net book values
At 31 December 2014	4,934
At 31 December 2013	10,185

3Fixed assets Investments
The following was a subsidiary undertaking of the company:

Highland Capital Partners (UK) LLP Holding 2014: 33% (2013: 75%)

The aggregate of share capital and reserves at 31 March 2014 and of the profit or loss for the year ended on that date for the subsidiary undertakings were as follows:

Aggregate of share capital and reserves: £146,015
Profit / loss: £675

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1,000 Ordinary shares of £0.639 each	639	639

Allotted, called up and fully paid: 1,000 Ordinary shares of $1 each