Year Ended
Registration number:
Hansalinie (LP) Limited
Contents
Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Hansalinie (LP) Limited
Company Information
Director |
D W Stagnet |
Registered office |
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Accountants |
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Hansalinie (LP) Limited
Balance Sheet
31 December 2021
Note |
2021 |
2020 |
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Fixed assets |
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Investments |
- |
- |
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- |
- |
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Current assets |
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Debtors |
- |
- |
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- |
- |
||
Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Net liabilities |
( |
( |
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Capital and reserves |
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Called up share capital |
- |
- |
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Profit and loss account |
( |
( |
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Shareholders' deficit |
( |
( |
For the financial year ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
• |
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• |
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
......................................... |
Company Registration Number: 06559102
Hansalinie (LP) Limited
Notes to the Unaudited Financial Statements
Year Ended 31 December 2021
General information |
The company is a private company limited by share capital, incorporated in United Kingdom.
The address of its registered office is:
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
These financial statements are presented in Euros, the functional currency and the currency of the primary economic environment in which the Company operates. These financial statements are rounded to the nearest €1,000.
Going concern
The company has net liabilities and net current liabilities as at 31 December 2021 and is reliant on the support of its immediate parent company to be able to meet its liabilities as they fall due. This creates an uncertainty over the use of the going concern basis in the preparation of the financial statements. However, the directors consider that the company is an integral part of the Group's structure and strategy and accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Foreign currency transactions and balances
Hansalinie (LP) Limited
Notes to the Unaudited Financial Statements
Year Ended 31 December 2021
Tax
Deferred tax is recognised on all timing differences at the balance sheet date unless indicated below. Timing differences are differences between taxable profits and the results as stated in the profit and loss account and other comprehensive income. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.
Investments
As the company does not have any subsidiaries, it is not required to prepare group accounts.
The company's investment in its joint venture is recorded at cost less provision for impairment.
Financial instruments
Classification
• Inter-company loans
All financial instruments are classified as basic.
Recognition and measurement
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.
Except for bank loans, such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.
Bank loans are initially measured at transaction price, including transaction costs, and are subsequently carried at amortised cost using the effective interest method.
Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
Hansalinie (LP) Limited
Notes to the Unaudited Financial Statements
Year Ended 31 December 2021
Investments |
Joint ventures |
€ 000 |
Cost |
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At 1 January 2021 |
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Disposals |
( |
At 31 December 2021 |
- |
Provision |
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At 1 January 2021 |
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Eliminated on disposals |
( |
At 31 December 2021 |
- |
Carrying amount |
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At 31 December 2021 |
- |
At 31 December 2020 |
- |
Details of undertakings
Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Undertaking |
Registered office |
Holding |
Proportion of voting rights and shares held |
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2021 |
2020 |
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Joint ventures |
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Stader Strasse 36, 27419 Sittensen |
Partnership share |
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Germany |
Joint ventures |
A1 Mobil GmbH & Co. KG Partnership The principal activity of A1 Mobil GmbH & Co. KG Partnership is |
Hansalinie (LP) Limited
Notes to the Unaudited Financial Statements
Year Ended 31 December 2021
Debtors |
2021 |
2020 |
|
- |
- |
There are amounts owed by the parent undertaking in each year of £2 for unpaid share capital.
Creditors |
Creditors: amounts falling due within one year
Note |
2021 |
2020 |
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Due within one year |
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Amounts owed to ultimate parent undertaking |
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Amounts owed to immediate parent undertaking |
46,235 |
46,235 |
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Accruals and deferred income |
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Accrued interest |
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Share capital |
Allotted, called up and fully paid shares
2021 |
2020 |
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No. 000 |
€ 000 |
No. 000 |
£ 000 |
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- |
- |
- |
- |
Ultimate parent undertaking |
The company's immediate parent company is Hansalinie (A1 Mobil Holdings) Limited, a company incorporated in the United Kingdom.
The company's ultimate parent and controlling entity is Hansalinie-A1-Vermogensverwaltungs-und Beteiligungs GmbH, a company incorporated in Germany.