Abbreviated Company Accounts - HELLENIC (UK) LIMITED

HELLENIC (UK) LIMITED - Company Information

03290255 HELLENIC (UK) LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 03290255 2015-04-01 2016-03-31 03290255 2016-03-31 03290255 2015-03-31 03290255 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 03290255 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:Director3 2015-04-01 2016-03-31 uk-gaap-cd-bus:Director3 2016-03-31 uk-gaap-cd-bus:Director3 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 03290255

HELLENIC (UK) LIMITED

Abbreviated Accounts

31 March 2016

HELLENIC (UK) LIMITED Registered Number 03290255

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	3,662,509	1,818,459
		3,662,509	1,818,459
Current assets
Stocks		7,000	7,000
Debtors		-	247,375
Cash at bank and in hand		188,046	1,879,085
		195,046	2,133,460
Creditors: amounts falling due within one year	3	(106,614)	(418,570)
Net current assets (liabilities)		88,432	1,714,890
Total assets less current liabilities		3,750,941	3,533,349
Creditors: amounts falling due after more than one year	3	(1,303,922)	(1,098,467)
Total net assets (liabilities)		2,447,019	2,434,882
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		2,446,919	2,434,782
Shareholders' funds		2,447,019	2,434,882

For the year ending 31 March 2016 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 31 December 2016

And signed on their behalf by:
Lady StJohn of Bletso, Director

HELLENIC (UK) LIMITED Registered Number 03290255

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises the invoiced value of services provided as well as rents receivable.

Tangible assets depreciation policy
Fixed Assets are stated at cost less depreciation calculated to reduce them to their estimated residual value over their useful lives at the following rates: Freehold 0%, Leasehold 0%, Fixtures and Fittings 15% reducing.

Valuation information and policy
Stocks are valued at the lower of cost or net realisable value.

2Tangible fixed assets

	£
Cost
At 1 April 2015	1,890,338
Additions	1,853,432
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	3,743,770
Depreciation
At 1 April 2015	71,879
Charge for the year	9,382
On disposals	-
At 31 March 2016	81,261
Net book values
At 31 March 2016	3,662,509
At 31 March 2015	1,818,459

3Creditors

	2016 £	2015 £
Secured Debts	1,303,922	1,098,467

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100

5Transactions with directors

Name of director receiving advance or credit:	Lady StJohn of Bletso
Description of the transaction:	Director's Current Account
Balance at 1 April 2015:	£ 247,375
Advances or credits made:	-
Advances or credits repaid:	£ 247,375
Balance at 31 March 2016:	£ 0