Registered Number:12855421 |
For the year ended 30 September 2022
England and Wales
Unaudited Financial Statements
For the year ended 30 September 2022
SW Property Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
SW Property Ltd
Statement of Financial Position
2021
2022
Property, plant and equipment |
-
28,400
2
3
464,288
464,288
464,288
492,688
Trade and other receivables |
4,494
5,608
4
4,070
Cash and cash equivalents |
4,352
9,960
8,564
Trade and other payables: amounts falling due within one |
year |
(191,295)
(163,985)
5
(182,731)
(154,025)
Net current liabilities
Total assets less current liabilities |
310,263
309,957
Trade and other payables: amounts falling due after more |
than one year |
(310,590)
(310,590)
6
(327)
Net liabilities
(633)
1
1
(328)
(634)
(327)
(633)
Shareholders' funds
For the year ended 30 September 2022 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2022 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of |
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section |
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial |
statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 23 June 2023 and were signed by: |
The notes form part of these financial statements |
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For the year ended 30 September 2022
SW Property Ltd
Notes to the Financial Statements
Statutory Information
SW Property Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number |
12855421. |
2 The Hills
Warton
Tamworth
B79 0JF
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Motor Vehicles
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
2. Property, plant and equipment |
Motor Vehicles
35,500
(35,500)
-
Provision for depreciation and impairment |
7,100
(7,100)
-
-
28,400
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For the year ended 30 September 2022
SW Property Ltd
Notes to the Financial Statements Continued
464,288
464,288
464,288
464,288
4. Trade and other receivables |
2021
2022
5,608
3,925
-
569
4,494
5,608
5. Trade and other payables: amounts falling due within one year |
2021
2022
Taxation and social security |
-
330
163,985
190,965
163,985
191,295
6. Trade and other payables: amounts falling due after more than one year |
2021
2022
Bank loans and overdraft (secured) |
310,590
310,590
7. Average number of persons employed |
During the year the average number of employees was 1 (2021 : 1)
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