Hacienda Investments Limited - Period Ending 2016-06-30

Registration number: 03197602

Hacienda Investments Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 June 2016
 

Fuller & Roper (Accountants) Limited
Chartered Accountants
The Counting House
Church Farm Business Park
Corston
Bath
BA2 9AP

Hacienda Investments Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Hacienda Investments Limited
(Registration number: 03197602)
Abbreviated Balance Sheet at 30 June 2016

		Note			2016 £			2015 £
Fixed assets
Investments					84,922			72,290
Current assets
Debtors					28,000			28,000
Net assets					112,922			100,290
Capital and reserves
Called up share capital		3			100,000			100,000
Profit and loss account					12,922			290
Shareholders' funds					112,922			100,290

For the year ending 30 June 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 20 March 2017 and signed on its behalf by:

.........................................
L B Triay
Director

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

Hacienda Investments Limited
Notes to the Abbreviated Accounts for the Year Ended 30 June 2016
......... 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).

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

Foreign currency

Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.

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 July 2015		76,201			76,201
Revaluations		13,315			13,315
At 30 June 2016		89,516			89,516
Depreciation
At 1 July 2015		3,911			3,911
Charge for the year		683			683
At 30 June 2016		4,594			4,594
Net book value
At 30 June 2016		84,922			84,922
At 30 June 2015		72,290			72,290

Page 2

Hacienda Investments Limited
Notes to the Abbreviated Accounts for the Year Ended 30 June 2016
......... 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
Hacienda Los Podencos Andaluces S.L.	Spain	Ordinary	50%	Property holding

The financial period end of Hacienda Los Podencos Andaluces S.L. is 31 December 2015. The profit for the financial period of Hacienda Los Podencos Andaluces S.L. was £nil and the aggregate amount of capital and reserves at the end of the period was £169,844.

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary of £1 each		100,000			100,000			100,000			100,000

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