Accounts filed on 30-09-2015


051262172014-10-012015-09-30falsetruehttp://www.companieshouse.gov.uk/pt:InvestmentProperties2014-10-012015-09-30http://www.companieshouse.gov.uk/pt:PlantMachinery2014-09-30http://www.companieshouse.gov.uk/cd:Director12014-10-012015-09-30http://www.companieshouse.gov.uk/pt:PlantMachinery2015-09-30http://www.companieshouse.gov.uk/pt:SharesFixedAssetInvestmentspt:GroupUndertakingsOtherParticipatingInterests2014-10-012015-09-30http://www.companieshouse.gov.uk/pt:SharesListedFixedAssetInvestments2014-10-012015-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12014-10-012015-09-30http://www.companieshouse.gov.uk/pt:SharesFixedAssetInvestmentspt:GroupUndertakingsOtherParticipatingInterests2014-09-30http://www.companieshouse.gov.uk/pt:PlantMachinery2014-10-012015-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22014-10-012015-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-09-30http://www.companieshouse.gov.uk/pt:SharesFixedAssetInvestmentspt:GroupUndertakingsOtherParticipatingInterests2015-09-30http://www.companieshouse.gov.uk/pt:SharesListedFixedAssetInvestments2014-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22015-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12014-09-30http://www.companieshouse.gov.uk/pt:SharesListedFixedAssetInvestments2015-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22014-09-30http://www.companieshouse.gov.uk/2013-10-012014-09-30http://www.companieshouse.gov.uk/2014-10-012015-09-30http://www.companieshouse.gov.uk/2014-09-30http://www.companieshouse.gov.uk/pt:InvestmentProperties2014-09-30http://www.companieshouse.gov.uk/2015-09-30http://www.companieshouse.gov.uk/pt:InvestmentProperties2015-09-30http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2014-10-012015-09-30http://www.companieshouse.gov.uk/2014-09-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 05126217

Harte Investments Ltd

ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30/09/2015

Prepared By:
David Reed Associates Ltd
54D Frome Road
Bradford on Avon
Wiltshire
BA15 1LA


Harte Investments Ltd

ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30/09/2015
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts4
The company's registered number is 05126217


Harte Investments Ltd

Registered Number: 05126217
BALANCE SHEET AT 30/09/2015
20152014
Notes££
FIXED ASSETS
Tangible assets2346,292361,722
Investments3138,4771,070,102
484,7691,431,824
CURRENT ASSETS
Debtors (amounts falling due within one year)4638,04349,425
Cash at bank and in hand44,6148,735
682,65758,160
CREDITORS: Amounts falling due within one year44,019466,338
NET CURRENT ASSETS / (LIABILITIES)638,638(408,178)
TOTAL ASSETS LESS CURRENT LIABILITIES1,123,4071,023,646
PROVISIONS FOR LIABILITIES1,4982,880
NET ASSETS1,121,9091,020,766
CAPITAL AND RESERVES
Called up share capital5902902
Share premium account234,100234,100
Revaluation reserve1h,662,65062,650
Profit and loss account824,257723,114
SHAREHOLDERS' FUNDS1,121,9091,020,766


Harte Investments Ltd

Registered Number: 05126217
For the year ending 30/09/2015 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 30/06/2016 and signed on their behalf by
Mr M Hamblin
Director
.............................
Ms T E Gardner
Director


Harte Investments Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/09/2015
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinery 25%
1c. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.
1d. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.
1e. Pension Costs
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
1f. Turnover
Turnover represents management fees received from the subsidiary company.
1g. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.


Harte Investments Ltd

1h. Revaluation Reserve
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 6).
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account.
2. TANGIBLE FIXED ASSETS
InvestmentPlant and
PropertiesMachineryTotal
£££
Cost
At 01/10/2014300,000247,761547,761
At 30/09/2015300,000247,761547,761
Depreciation
At 01/10/2014-186,039186,039
For the year-15,43015,430
At 30/09/2015-201,469201,469
Net Book Amounts
At 30/09/2015300,00046,292346,292
At 30/09/2014300,00061,722361,722
The Investment Property has been valued by the Directors and is included at a fair market value at the Balance Sheet date.
3. INVESTMENT FIXED ASSETS
Shares in group companies Listed
and participating interestsInvestmentsTotal
£££
Cost
At 01/10/20141001,070,0021,070,102
Additions-60,00060,000
Disposals-(991,625)(991,625)
At 30/09/2015100138,377138,477
Amortisation
Net Book Amounts
At 30/09/2015100138,377138,477
At 30/09/20141001,070,0021,070,102


Harte Investments Ltd

4. DEBTORS 20152014
££
Amounts falling due within one year:
Other Tax43,55843,260
Other debtors594,4856,165
638,04349,425
5. SHARE CAPITAL 20152014
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
900 Non-Equity shares of £1 each900900
902902
6. REVALUATION RESERVE 20152014
££
Revaluation reserve62,65062,650
62,65062,650
7. RELATED PARTY TRANSACTIONS
Harte Investments Ltd charged £295,000 (2014: £295,000) to Richmonde Laine Financial Services Limited in respect of the provision of facilitites and services.
The intercompany balance due from Richmonde Laine Financial Services Limited is £4,965 (2014: £3,461).
8. TRANSACTIONS WITH DIRECTORS
At the balance sheet date the director owed the company £589,522. (2014: £6,165)This was repaid within 9 months of the year end. The loan is repayable on demand and bears interest at 4.5% per annum.
The loan was repaid within 9 months of the year end.


Harte Investments Ltd

9. CONTROLLING PARTY
The company is controlled by the two directors and shareholder, Mr M D Hamblin and Ms T E Gardner