Registered number: 03965495 | ||||||||
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FOR THE YEAR ENDED 28/12/2019 | ||||||||
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Hutckinson Corporate Finance Limited | ||||||||
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ACCOUNTS | ||||||||
FOR THE YEAR ENDED 28/12/2019 | ||||||||
DIRECTORS | ||||||||
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REGISTERED OFFICE | ||||||||
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COMPANY DETAILS | ||||||||
registered in , registered number 03965495 | ||||||||
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Hutckinson Corporate Finance Limited | ||||||||
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ACCOUNTS | ||||||||
FOR THE YEAR ENDED 28/12/2019 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
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Hutckinson Corporate Finance Limited | ||||||||
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BALANCE SHEET AT
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2019 | 2018 | |||||||||
Notes | EUR | EUR | ||||||||
FIXED ASSETS | ||||||||||
Investment Assets | 3 |
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CURRENT ASSETS | ||||||||||
CREDITORS: Amounts falling due within one year | 4 |
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NET CURRENT LIABILITIES |
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(4,177,303) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES |
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CAPITAL AND RESERVES | ||||||||||
Called up share capital | 5 |
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Other reserves | 6 | (7,149) | (7,149) | |||||||
Profit and loss account | (269,354) | (252,622) | ||||||||
SHAREHOLDERS' FUNDS |
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Approved by the board on
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............................. | ||||||||||
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Director | ||||||||||
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Hutckinson Corporate Finance Limited | ||||||||
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NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 28/12/2019 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Foreign Currency | ||||||||
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated. |
1c. Investments | ||||||||
Fixed asset investments are shown at cost less amounts written off. | ||||||||
Provisions are made for permanent fluctuations in value. |
2. EMPLOYEES | ||||||
2019 | 2018 | |||||
No. | No. | |||||
Average number of employees | - | - | ||||
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Hutckinson Corporate Finance Limited | ||||||||
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3. FINANCIAL ASSETS | |||||||||
Shares in group companies | |||||||||
and participating interests | Loans | Total | |||||||
EUR | EUR | EUR | |||||||
Cost | |||||||||
At 29/12/2018 | 165,500 | 3,752,035 | 3,917,535 | ||||||
At 28/12/2019 | 165,500 | 3,752,035 | 3,917,535 | ||||||
Amortisation | |||||||||
Net Book Amounts | |||||||||
At 28/12/2019 | 165,500 | 3,752,035 | 3,917,535 | ||||||
At 28/12/2018 | 165,500 | 3,752,035 | 3,917,535 | ||||||
The company owns 100% of the issued share capital of Immobilnurofin SRL, a company incorporated in Romania. The principal activity of the subsidiary was that of property investment. | |||||||||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2019 | 2018 | |||||||
EUR | EUR | |||||||
Principal current account | 22,088 | 20,945 | ||||||
Trade creditors | 13,771 | - | ||||||
Accruals | 2,928 | 6,854 | ||||||
Shareholders Loan Account | 4,155,248 | 4,149,504 | ||||||
4,194,035 | 4,177,303 | |||||||
The above loan bears no interest and is repayable on demand. | ||||||||
5. SHARE CAPITAL | 2019 | 2018 | ||||||
EUR | EUR | |||||||
Allotted, issued and fully paid: | ||||||||
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3 | 3 | ||||||
3 | 3 | |||||||
6. OTHER RESERVES | 2019 | 2018 | ||||
EUR | EUR | |||||
Other reserves | (7,149) | (7,149) | ||||
(7,149) | (7,149) | |||||