Hawksworth Retail Group Limited - Period Ending 2013-12-31

Registration number: SC390736

Hawksworth Retail Group Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 December 2013
 

Hawksworth Retail Group Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Hawksworth Retail Group Limited
(Registration number: SC390736)
Abbreviated Balance Sheet at 31 December 2013

		Note			2013 £			2012 £
Fixed assets
Investments					16,667			1
Current assets
Cash at bank and in hand					139			139
Creditors: Amounts falling due within one year					(16,706)			(40)
Net current (liabilities)/assets					(16,567)			99
Net assets					100			100
Capital and reserves
Called up share capital		3			100			100
Shareholders' funds					100			100

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 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 17 September 2014 and signed on its behalf by:

.........................................
R T Stevenson
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
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Hawksworth Retail Group Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2013
......... 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 April 2008).

Fixed asset investments

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

2	Fixed assets

		Investments £			Total £
Cost
At 1 January 2013		1			1
Additions		16,666			16,666
At 31 December 2013		16,667			16,667
Depreciation
At 31 December 2013		-			-
Net book value
At 31 December 2013		16,667			16,667
At 31 December 2012		1			1

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

Holding

Proportion of voting rights and shares held

Principal activity

Subsidiary undertakings
Hawksworth Retail Asset Management Limited	Ordinary shares	100%	provision of consultancy services to the retail property industry
Mall Max GmbH		66.67%	Mall Max offers asset, property and centre management services, including leasing, marketing and investment advice to an international standard.

The profit for the financial period of Hawksworth Retail Asset Management Limited was £85,809 and the aggregate amount of capital and reserves at the end of the period was £142,242.

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Hawksworth Retail Group Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2013
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2013						2012
		No.			£			No.			£
Ordinary A shares of £0.10 each		700			70			700			70
Ordinary B Shares of £0.10 each		300			30			300			30
		1,000			100			1,000			100

4	Related party transactions

Other related party transactions

During the year the company made the following related party transactions:

Hawksworth Retail Asset Management Limited (Hawksworth Retail Group Limited owns 100% of the share capital in Hawksworth Retail Asset Management Limited) Dividends of £100,000 (2012 - £75,000) were received from the subsidiary company Hawksworth Retail Asset Management Limited during the year. At the balance sheet date the amount due to Hawksworth Retail Asset Management Limited was £40 (2012 - £40).

Mall Max GmbH Ltd (Hawksworth Retail Group Limited owns 66.67% of the share capital in Mall Max GmbH Ltd) Dividends of £nil (2012 - £nil) were received from the subsidiary company Mall Max GmbH during the year. At the balance sheet date the amount due to Mall Max GmbH Ltd was £nil (2012 - £nil).

5

Control

The company is controlled by the directors who own 60% of the called up share capital.

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