Company Registration No. 06721378 (England and Wales)
SWAN LANE WHARF LIMITED
ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2015
SWAN LANE WHARF LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
SWAN LANE WHARF LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2015
31 March 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
-
1,106
Current assets
Debtors
6,649
5,447
Cash at bank and in hand
46,195
39,411
52,844
44,858
Creditors: amounts falling due within one year
(52,559)
(45,852)
Net current assets/(liabilities)
285
(994)
Total assets less current liabilities
285
112
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
185
12
Shareholders' funds
285
112
For the financial year ended 31 March 2015 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 16 December 2015
Mr P Breed
Director
Company Registration No. 06721378
SWAN LANE WHARF LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015
- 2 -
1
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 April 2008).
1.2
Compliance with 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).
1.3
Turnover
Turnover represents amounts receivable for goods and services.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Land and buildings Leasehold
Increasing amounts over the lease period.
2
Fixed assets
Tangible assets
£
Cost
At 1 April 2014 & at 31 March 2015
4,267
Depreciation
At 1 April 2014
3,161
Charge for the year
1,106
At 31 March 2015
4,267
Net book value
At 31 March 2015
-
At 31 March 2014
1,106
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
100 Ordinary Shares of £1 each
100
100