Hamptons Investments Limited - Period Ending 2013-12-31

Registration number: 03367305

Hamptons Investments Limited

Annual Report and Unaudited Abbreviated Accounts


for the Year Ended 31 December 2013
 

Hamptons Investments Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 4

Hamptons Investments Limited
(Registration number: 03367305)
Abbreviated Balance Sheet at 31 December 2013

		Note			2013 £			2012 £
Fixed assets
Investments					10,883			10,883
Creditors: Amounts falling due within one year					(40,145)			(38,015)
Net liabilities					(29,262)			(27,132)
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					(29,362)			(27,232)
Shareholders' deficit					(29,262)			(27,132)

For the year ending 31 December 2013 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 director acknowledges his 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 director on 7 January 2015

.........................................
Dr Anton Micallef
Director

The notes on pages 2 to 4 form an integral part of these financial statements.
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Hamptons Investments Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2013
......... continued

1	Accounting policies

Basis of preparation

At the balance sheet date the company had net liabilities of £29,262 (2012: £27,132). The financial statements have been prepared on the going concern basis, with assurances from the director that he will continue to support the company, to meet its obligations and liabilities, as and when they fall due for the foreseeable future.

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).

Revenue recognition

Income is recognised when the company earns the right to consideration, in exchange for the performance of a service or contract.

Consolidated financial statements

These financial statements contain information about Hamptons Investments Limited as an individual entity and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 398 of the Companies Act 2006 from the requirement to prepare consolidated financial statements.

Investments

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

Deferred tax

Full provision is made for deferred taxation in respect of timing differences arising due to the treatment of gains and losses in the accounts and for tax purposes. Deferred tax assets and liabilities are calculated at the average tax rates that are expected to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted at the balance sheet date.

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.

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Hamptons Investments Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2013
......... continued

2	Fixed assets

		Investments £			Total £
Cost
At 1 January 2013		10,883			10,883
At 31 December 2013		10,883			10,883
Depreciation
At 31 December 2013		-			-
Net book value
At 31 December 2013		10,883			10,883
At 31 December 2012		10,883			10,883

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
Valentina 90 S.R.L	Italy	100	100%	Holding of Estate Properties

The financial period end of Valentina 90 S.R.L is 31 December 2013. The loss for the financial period of Valentina 90 S.R.L was £3,818 and the aggregate amount of capital and reserves at the end of the period was (£199,969).

3	Share capital

Allotted, called up and fully paid shares

	2013						2012
		No.			£			No.			£
Ordinary shares of £1 each		100			100			100			100

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Hamptons Investments Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2013
......... continued

4

Control

At the current and preceeding year ends the company was under the control of the directors of AVMT (Trustees) Limited by virtue of that entity's 100% ownership of the share capital of the company.

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