HINTONGREEN_LIMITED - Accounts

HINTONGREEN LIMITED - Company Information

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Company Registration No. 03018113 (England and Wales)

HINTONGREEN LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2016

HINTONGREEN LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

HINTONGREEN LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

2015

Notes

Fixed assets

Investments

560,913

559,998

Current assets

Debtors

1,252

Investments

33,653

33,925

Cash at bank and in hand

3,694

4,092

37,347

39,269

Creditors: amounts falling due within one year

(446,892)

(454,344)

Net current liabilities

(409,545)

(415,075)

Total assets less current liabilities

151,368

144,923

151,368

144,923

Capital and reserves

Called up share capital

105,000

Profit and loss account

46,368

39,923

Shareholders' funds

151,368

144,923

For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

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;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 8 November 2016

Mr W Nottage

Mr J R Byrne

Director

Company Registration No. 03018113

HINTONGREEN LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with and departure from accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

The financial statements contain information about Hintongreen Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company has taken the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements,

1.3

Turnover

Turnover represents amounts receivable for services net of VAT and trade discounts.

1.4

Investments

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

Current asset investments are stated at the lower of cost and net realisable value.

1.5

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

HINTONGREEN LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2016

- 3 -

Fixed assets

Investments

Cost

At 1 April 2015

559,998

Additions

915

At 31 March 2016

560,913

At 31 March 2015

559,998

Holdings of more than 20%

The company holds more than 20% of the share capital of the following companies:

Company

Country of registration or

Shares held

incorporation

Class

Subsidiary undertakings

Chantsoft Limited

England

Ordinary

84.70

Exlet Limited

England

Ordinary

100.00

The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:

Capital and reserves

Profit/(loss) for the year

2016

Principal activity

Chantsoft Limited

Investment company

52,462

6,463

Exlet Limited

Investment company

737,891

21,465

Creditors: amounts falling due within one year

There is a debenture over all assets of the company as security for all monies due or becoming due to National Westminster Bank Plc. As at 31st March 2015 there were no monies owing.

Share capital

2016

2015

Allotted, called up and fully paid

60,000 Ordinary of £1 each

60,000

45,000 Deferred of £1 each

45,000

105,000