Hillington Ltd - Limited company - abbreviated - 11.0.0

Hillington Ltd - Limited company - abbreviated - 11.0.0

HILLINGTON LTD - Company Information

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REGISTERED NUMBER: 05878157 (England and Wales)















ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2013

FOR

HILLINGTON LTD

HILLINGTON LTD (REGISTERED NUMBER: 05878157)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2013




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

HILLINGTON LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2013







DIRECTORS: S Noe
Mrs E Noe





SECRETARY: Mrs E Noe





REGISTERED OFFICE: 115 Craven Park Road
South Tottenham
London
N15 6BL





REGISTERED NUMBER: 05878157 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL
Page 1
HILLINGTON LTD (REGISTERED NUMBER: 05878157)

ABBREVIATED BALANCE SHEET
31 OCTOBER 2013

31.10.13 31.10.12
Notes £    £    £    £   
FIXED ASSETS
Investment property 2 21,666,766 21,666,766

CURRENT ASSETS
Debtors 17,807,520 17,936,850
Cash at bank 274 274
17,807,794 17,937,124
CREDITORS
Amounts falling due within one year 3 1,512,762 1,469,508
NET CURRENT ASSETS 16,295,032 16,467,616
TOTAL ASSETS LESS CURRENT
LIABILITIES
37,961,798
38,134,382

CREDITORS
Amounts falling due after more than one
year
3
15,904,767
16,010,887
NET ASSETS 22,057,031 22,123,495

CAPITAL AND RESERVES
Called up share capital 4 100 100
Share premium 22,097,164 22,097,164
Profit and loss account (40,233 ) 26,231
SHAREHOLDERS' FUNDS 22,057,031 22,123,495

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

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

The directors acknowledge their 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 notes form part of these abbreviated accounts

Page 2 continued...
HILLINGTON LTD (REGISTERED NUMBER: 05878157)

ABBREVIATED BALANCE SHEET - continued
31 OCTOBER 2013


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 Board of Directors on 30 July 2014 and were signed on its behalf by:





S Noe - Director


The notes form part of these abbreviated accounts

Page 3
HILLINGTON LTD (REGISTERED NUMBER: 05878157)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2013

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).

Turnover
Turnover represents net rent receivable, excluding value added tax.

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.

Investment properties
Investment Properties are included in the Balance Sheet at historical cost, which is not in accordance with
Financial Reporting Standard for Smaller Entities(effective April 2008), which requires such properties to be
stated at current market value.

2. INVESTMENT PROPERTY
Total
£   
COST
At 1 November 2012
and 31 October 2013 21,666,766
NET BOOK VALUE
At 31 October 2013 21,666,766
At 31 October 2012 21,666,766

3. CREDITORS

Creditors include an amount of £ 15,989,414 (31.10.12 - £ 16,167,726 ) for which security has been given.

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

31.10.13 31.10.12
£    £   
Repayable by instalments 15,904,767 16,010,887

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.13 31.10.12
value: £    £   
100 Ordinary £1 100 100

Page 4