| Headley Group Limited |
|
| Chartered Accountants' report to the board of directors on the preparation of the unaudited abbreviated accounts of Headley Group Limited for the year ended 31 December 2013 |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Headley Group Limited for the year ended 31 December 2013 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at
icaew.com/membershandbook. |
| This report is made solely to the Board of Directors of Headley Group Limited, as a body, in accordance with the terms of our engagement letter dated 19 September 2012. Our work has been undertaken solely to prepare for your approval the accounts of Headley Group Limited and state those matters that we have agreed to state to the Board of Directors of Headley Group Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Headley Group Limited and its Board of Directors as a body for our work or for this report. |
| It is your duty to ensure that Headley Group Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Headley Group Limited. You consider that Headley Group Limited is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the accounts of Headley Group Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the abbreviated accounts. |
|
| Lefevres Limited |
| Chartered Accountants |
| 24 Bell Lane |
| Blackwater |
| Camberley |
| Surrey |
| GU17 0NW |
|
| 11 September 2014 |
|
| Headley Group Limited |
| Registered number: |
05366195 |
| Abbreviated Balance Sheet |
| as at 31 December 2013 |
|
| Notes |
|
|
2013 |
|
|
2012 |
| £ |
£ |
| Fixed assets |
| Investments |
2 |
|
|
2 |
|
|
2 |
|
| Current assets |
| Debtors |
|
|
34,300 |
|
|
34,300 |
| Cash at bank and in hand |
|
|
100 |
|
|
100 |
|
|
|
34,400 |
|
|
34,400 |
|
| Creditors: amounts falling due within one year |
|
|
(2) |
|
|
(2) |
|
| Net current assets |
|
|
|
34,398 |
|
|
34,398 |
|
| Net assets |
|
|
|
34,400 |
|
|
34,400 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
34,300 |
|
|
34,300 |
|
| Shareholders' funds |
|
|
|
34,400 |
|
|
34,400 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Mr P Tracey |
| Director |
| Approved by the board on 11 September 2014 |
|
| Headley Group Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 December 2013 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
|
|
Consolidation |
|
In the opinion of the Directors, the company and its subsidiary undertakings comprise a small group. The company has therefore taken advantage of the exemption provided by Section 398 of the Companies Act 2006 not to prepare group accounts. |
|
|
| 2 |
Investments |
£ |
|
|
Cost |
|
At 1 January 2013 |
2 |
|
|
At 31 December 2013 |
2 |
|
|
|
|
|
|
|
|
The company holds 20% or more of the share capital of the following companies: |
|
| Capital and |
Profit (loss) |
|
Company |
Shares held |
reserves |
for the year |
|
|
Class |
% |
£ |
£ |
|
Headley Investments Limited |
Ordinary |
100 |
|
158,797 |
|
13,035 |
|
Headley Estates & Developments Limited |
Ordinary |
100 |
|
(178,167) |
|
10,655 |
|
| 3 |
Share capital |
Nominal |
|
2013 |
|
2013 |
|
2012 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
