Registered number: 05126217 | ||||||||
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FOR THE YEAR ENDED 30/09/2016 | ||||||||
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Prepared By: | ||||||||
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Bradford on Avon | ||||||||
Wiltshire | ||||||||
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Harte Investments Ltd | ||||||||
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ABBREVIATED ACCOUNTS | ||||||||
FOR THE YEAR ENDED
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INDEX TO THE ACCOUNTS | ||||||||
Abbreviated Balance Sheet | 2 | |||||||
Notes to the Abbreviated Accounts | 4 | |||||||
The company's registered number is 05126217 | ||||||||
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Harte Investments Ltd | ||||||||
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Registered Number: 05126217 | ||||||||||
BALANCE SHEET AT 30/09/2016 | ||||||||||
2016 | 2015 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 |
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Investments | 3 |
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CURRENT ASSETS | ||||||||||
Debtors (amounts falling due within one year) | 4 |
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Cash at bank and in hand |
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303,635 |
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CREDITORS: Amounts falling due within one year |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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PROVISIONS FOR LIABILITIES |
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NET ASSETS |
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CAPITAL AND RESERVES | ||||||||||
Called up share capital | 5 |
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Share premium account |
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Revaluation reserve | 1h,6 |
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Profit and loss account |
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SHAREHOLDERS' FUNDS |
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Harte Investments Ltd | ||||||||
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Registered Number: 05126217 | ||||||||||
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Approved by the board on
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Director | ||||||||||
............................. | ||||||||||
Ms T E Gardner | ||||||||||
Director | ||||||||||
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Harte Investments Ltd | ||||||||
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NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 30/09/2016 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
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1b. Depreciation | ||||||||
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Plant and Machinery |
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1c. Investment Properties | ||||||||
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view. |
1d. Taxation | ||||||||
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Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted. |
1e. Pension Costs | ||||||||
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1f. Turnover | ||||||||
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1g. Investments | ||||||||
Fixed asset investments are shown at cost less amounts written off. | ||||||||
Provisions are made for permanent fluctuations in value. |
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Harte Investments Ltd | ||||||||
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1h. Revaluation Reserve | ||||||||
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 6 ). | ||||||||
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account. |
2. TANGIBLE FIXED ASSETS | ||||||||||
Investment | Plant and | |||||||||
Properties | Machinery | Total | ||||||||
£ | £ | £ | ||||||||
Cost | ||||||||||
At 01/10/2015 |
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Additions |
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At 30/09/2016 | 790,261 | 247,761 | 1,038,022 | |||||||
Depreciation | ||||||||||
At 01/10/2015 |
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For the year |
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At 30/09/2016 |
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Net Book Amounts | ||||||||||
At 30/09/2016 |
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At 30/09/2015 |
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The Investment Property has been valued by the Directors and is included at a fair market value at the Balance Sheet date. | ||||||||||
3. INVESTMENT FIXED ASSETS | |||||||||
Shares in group companies | Listed | ||||||||
and participating interests | Investments | Total | |||||||
£ | £ | £ | |||||||
Cost | |||||||||
At 01/10/2015 |
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Additions |
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At 30/09/2016 |
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Amortisation | |||||||||
Net Book Amounts | |||||||||
At 30/09/2016 |
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At 30/09/2015 |
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Harte Investments Ltd | ||||||||
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4. DEBTORS | 2016 | 2015 | ||||||
£ | £ | |||||||
Amounts falling due within one year: | ||||||||
Other Tax |
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Other debtors |
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5. SHARE CAPITAL | 2016 | 2015 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
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6. REVALUATION RESERVE | 2016 | 2015 | ||||||
£ | £ | |||||||
Revaluation reserve | 62,650 | 62,650 | ||||||
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7. RELATED PARTY TRANSACTIONS | ||||||||
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The intercompany balance due from Richmonde Laine Wealth Management Ltd is £136,262 (2015: £4,964). | ||||||||
8. TRANSACTIONS WITH DIRECTORS | ||||||||
At the balance sheet date the director owed the company £123,328 (2015: £589,220). This was repaid within 9 months of the year end. The change in the year comprises cash advances, personal payments and other movements of £9,108, less capital introduced of £475,000. | ||||||||
The loan is repayable on demand and bears interest at 3% per annum (2015: 4.5%). | ||||||||
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Harte Investments Ltd | ||||||||
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9. CONTROLLING PARTY | ||||||||
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