Hamptons Investments Limited - Period Ending 2015-12-31

Registration number: 03367305

Hamptons Investments Limited

Annual Report and Unaudited Abbreviated Accounts


for the Year Ended 31 December 2015
 

Hamptons Investments Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Hamptons Investments Limited
(Registration number: 03367305)
Abbreviated Balance Sheet at 31 December 2015

		Note			2015 £			2014 £
Fixed assets
Investments					10,883			10,883
Creditors: Amounts falling due within one year					(42,905)			(41,525)
Net liabilities					(32,022)			(30,642)
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					(32,122)			(30,742)
Shareholders' deficit					(32,022)			(30,642)

For the year ending 31 December 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 director acknowledges his 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 director on 30 September 2016

.........................................
Dr Anton Micallef
Director

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

Hamptons Investments Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2015
......... 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 January 2015).The financial statements contain information about Hamptons Investments Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company has taken the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.
 

Fixed asset investments

Fixed asset investments are shown at cost less provision for impairment.

Deferred tax

Full provision is made for deferred taxation in respect of timing differences arising due to the treatment of gains and losses in the accounts and for tax purposes. Deferred tax assets and liabilities are calculated at the average tax rates that are expected to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted at the balance sheet date.

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 2015		10,883			10,883
At 31 December 2015		10,883			10,883
Depreciation
At 31 December 2015		-			-
Net book value
At 31 December 2015		10,883			10,883
At 31 December 2014		10,883			10,883

Page 2

Hamptons Investments Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2015
......... 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
Valentina 90 S.R.L	Italy	Ordinary	100%	Holding of Estate Properties

The loss for the financial period of Valentina 90 S.R.L was £4,073 and the aggregate amount of capital and reserves at the end of the period was £164,944.

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary shares of £1 each		100			100			100			100

4

Control

The company is controlled by the directors of AVMT (Trustees) Limited which owns 100% of the company's called up share capital .

Page 3