Hescott Holdings Limited 31/12/2017 iXBRL
Hescott Holdings Limited 31/12/2017 iXBRL
Company registration number:
SC392890
Unaudited filleted financial statements
Contents
Directors and other information
Accountants report
Statement of financial position
Notes to the financial statements
Directors and other information
Directors |
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Company number |
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Registered office |
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Business address |
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Accountants |
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16-18 Weir Street | ||
Falkirk | ||
FK1 1RA | ||
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Hescott Holdings Limited
Year ended 31 December 2017
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Hescott Holdings Limited for the year ended 31 December 2017 which comprise the statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.
As a member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http:\\www.icas.com/accountspreparationguidance.
This report is made solely to the board of directors of Hescott Holdings Limited, as a body, in accordance with the terms of our engagement letter . Our work has been undertaken solely to prepare for your approval the financial statements of Hescott Holdings Limited and state those matters that we have agreed to state to the board of directors of Hescott Holdings Limited as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hescott Holdings Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that Hescott Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Hescott Holdings Limited. You consider that Hescott Holdings Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Hescott Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Accountants & Tax Advisers
16-18 Weir Street
Falkirk
FK1 1RA
4 September 2018
Statement of financial position
31 December 2017
2017 | 2016 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Investments | 5 |
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Creditors: amounts falling due | |||||||||
within one year | 6 |
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Net current liabilities |
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Total assets less current liabilities |
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Net assets |
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Capital and reserves | |||||||||
Called up share capital |
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Loan Notes |
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181,000 | |||||||
Profit and loss account |
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Shareholders funds |
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Directors responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
31 August 2018
, and are signed on behalf of the board by:
Director
Company registration number:
SC392890
Notes to the financial statements
Year ended 31 December 2017
1.
General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is Lochlands Viaduct, Larbert, Stirlingshire, FK5 3NN.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment
Financial instruments
4.
Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2016: Nil).
5.
Investments
Shares in group undertakings and participating interests | Total | ||
£ | £ | ||
Cost | |||
At 1 January 2017 and 31 December 2017 |
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Impairment | |||
At 1 January 2017 and 31 December 2017 | - | - | |
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Carrying amount | |||
At 31 December 2017 |
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At 31 December 2016 |
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6.
Creditors: amounts falling due within one year
2017 | 2016 | |||
£ | £ | |||
Other creditors |
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7.
Directors advances, credits and guarantees
Included in creditors is a balance of £127,000 ( 2016 : £127,000) due to the director Mr
A Hepburn
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