Hatton Properties UK Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06579825 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2016

FOR

HATTON PROPERTIES UK LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

J Liebermann

SECRETARY:

M Sanger

REGISTERED OFFICE:

595 Holloway Road

Holloway

London

N19 4DJ

REGISTERED NUMBER:

06579825 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Tangible assets

2

1,496

1,760

Investment property

3

1,200,000

1,201,496

1,201,760

CURRENT ASSETS

Debtors

3,840

840

Cash at bank

21,289

15,732

25,129

16,572

CREDITORS

Amounts falling due within one year

203,928

212,486

NET CURRENT LIABILITIES

(178,799

)

(195,914

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,022,697

1,005,846

CREDITORS

Amounts falling due after more than one
year

4

474,553

491,964

NET ASSETS

548,144

513,882

CAPITAL AND RESERVES

Called up share capital

5

2

Profit and loss account

548,142

513,880

SHAREHOLDERS' FUNDS

548,144

513,882

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 20 June 2016 and were signed by:

J Liebermann - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective January

2015).

Turnover

Turnover represent net rent receivable excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

Investment properties depreciation

In accordance with Financial Reporting standard for Smaller Entities (effective April 2008), no depreciation or

amortisation is provided in respect of freehold investment properties nor on leasehold investment properties

having an unexpired term of more than twenty years. This departure from the requirements of the Companies Act

2006, for all properties to be depreciated, is necessary, as the director considers that this accounting policy

results in the financial statements giving true and fair view.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

and 30 April 2016

5,178

DEPRECIATION

At 1 May 2015

3,418

Charge for year

264

At 30 April 2016

3,682

NET BOOK VALUE

At 30 April 2016

1,496

At 30 April 2015

1,760

3.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 May 2015

and 30 April 2016

1,200,000

NET BOOK VALUE

At 30 April 2016

1,200,000

At 30 April 2015

1,200,000

4.

CREDITORS

Creditors include an amount of £ 474,553 (30.4.15 - £ 491,964 ) for which security has been given.

They also include the following debts falling due in more than five years:

30.4.16

30.4.15

£

Repayable by instalments

474,553

491,964

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

2

Ordinary

£1

2