Hilton Industrial Estate Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 01864524

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

HILTON INDUSTRIAL ESTATE LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

DIRECTORS:

K F Ellis

M Evans

SECRETARY:

Mrs H L G Hunt

REGISTERED OFFICE:

The Estate Office

Egginton Hall, Church Road

Egginton

DERBY

DE65 6HP

REGISTERED NUMBER:

01864524

ACCOUNTANTS:

Smith Cooper Limited

Chartered Accountants

St.Helens House

King Street

Derby

DE1 3EE

BANKERS:

National Westminister Bank Plc

Thurland Street

Nottingham

FIXED ASSETS

Tangible assets

2

578,075

603,712

CURRENT ASSETS

Debtors

5,900

7,930

Cash at bank

62,872

59,915

68,772

67,845

CREDITORS

Amounts falling due within one year

49,286

67,306

NET CURRENT ASSETS

19,486

539

TOTAL ASSETS LESS CURRENT LIABILITIES

597,561

604,251

CREDITORS

Amounts falling due after more than one year

(25,047

)

(38,523

)

PROVISIONS FOR LIABILITIES

(51

)

(59

)

NET ASSETS

572,463

565,669

CAPITAL AND RESERVES

Called up share capital

3

20,000

20,000

Revaluation reserve

106,650

119,200

Profit and loss account

445,813

426,469

SHAREHOLDERS' FUNDS

572,463

565,669

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 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 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 29 September 2015 and were signed on its behalf by:

K F Ellis - Director

M Evans - Director

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 invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

605,615

Disposals

(25,570

)

At 31 December 2014

580,045

DEPRECIATION

At 1 January 2014

1,903

Charge for year

67

At 31 December 2014

1,970

NET BOOK VALUE

At 31 December 2014

578,075

At 31 December 2013

603,712

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

20,000

Ordinary

£1

20,000

20,000