Holidays Direct Marketing (Southern) Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 03038870 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2013

for

Holidays Direct Marketing (Southern)

Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mrs J E Parker

SECRETARY:

Mrs J E Parker

REGISTERED OFFICE:

Waverley House

Church Street

Ashley

Newmarket

Suffolk

CB8 9DU

REGISTERED NUMBER:

03038870 (England and Wales)

FIXED ASSETS

Tangible assets

2

1,560,250

1,560,333

Investments

3

276

276

1,560,526

1,560,609

CURRENT ASSETS

Debtors

978,493

1,051,594

Cash at bank

166

-

978,659

1,051,594

CREDITORS

Amounts falling due within one year

985,485

1,172,806

NET CURRENT LIABILITIES

(6,826

)

(121,212

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,553,700

1,439,397

CREDITORS

Amounts falling due after more than one year

4

496,080

496,213

NET ASSETS

1,057,620

943,184

CAPITAL AND RESERVES

Called up share capital

5

3,000

3,000

Revaluation reserve

1,560,000

1,560,000

Profit and loss account

(505,380

)

(619,816

)

SHAREHOLDERS' FUNDS

1,057,620

943,184

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 24 September 2014 and were signed by:

Mrs J E Parker - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in

accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Preparation of consolidated financial statements

The financial statements contain information about Holidays Direct Marketing (Southern) 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.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

and 31 December 2013

1,583,995

DEPRECIATION

At 1 January 2013

23,662

Charge for year

83

At 31 December 2013

23,745

NET BOOK VALUE

At 31 December 2013

1,560,250

At 31 December 2012

1,560,333

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 January 2013

and 31 December 2013

276

NET BOOK VALUE

At 31 December 2013

276

At 31 December 2012

276

The company's investments at the balance sheet date in the share capital of companies include

the following:

Portsonachan Hotel Limited

Country of incorporation: Great Britain

Nature of business: Hoteliers

%

Class of shares:

holding

Ordinary

100.00

31.12.13

31.12.12

£

£

Aggregate capital and reserves

62,610

4,253

Profit/(loss) for the year

58,357

(5,007

)

Innseagan House Hotel Limited

Country of incorporation: Great Britain

Nature of business: Hoteliers

%

Class of shares:

holding

Ordinary

100.00

31.12.13

31.12.12

£

£

Aggregate capital and reserves

177,587

33,955

Profit/(loss) for the year

143,632

(26,228

)

West of Scotland Holidays Limited

Country of incorporation: Great Britain

Nature of business: Sales agents

%

Class of shares:

holding

Ordinary

100.00

Awe Side Country Estates Limited

Country of incorporation: Great Britain

Nature of business: Property investment company

%

Class of shares:

holding

Ordinary

75.00

Loch Awe and Highland Holidays Ltd

Country of incorporation: Great Britain

Nature of business: Holiday Centres

%

Class of shares:

holding

Ordinary

50.00

4.

CREDITORS

Creditors include an amount of £ 496,080 (31.12.12 - £ 496,213 ) for which security has been

given.

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

31.12.13

31.12.12

£

£

Repayable by instalments

496,080

496,213

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

£

3,000

Ordinary

£1

3,000

3,000