SW Cost Engineering Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08748098 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2019

FOR

SW COST ENGINEERING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs S Wilkinson

REGISTERED OFFICE:

10 Hall Walk

Cottingham

Hull

HU16 4RL

REGISTERED NUMBER:

08748098 (England and Wales)

ACCOUNTANTS:

Lucentum Business Services Ltd

Kingfisher House

11 Hoffmanns Way

Chelmsford

Essex

CM1 1GU

FIXED ASSETS

Tangible assets

5

-

897

CURRENT ASSETS

Debtors

6

-

1,494

Cash at bank and in hand

1

9,346

1

10,840

CREDITORS

Amounts falling due within one year

7

-

11,396

NET CURRENT ASSETS/(LIABILITIES)

1

(556

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1

341

PROVISIONS FOR LIABILITIES

8

-

170

NET ASSETS

1

171

CAPITAL AND RESERVES

Called up share capital

9

1

Retained earnings

-

170

SHAREHOLDERS' FUNDS

1

171

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 25 October 2019 and were signed by:

Mrs S Wilkinson - Director

1.	STATUTORY INFORMATION

SW Cost Engineering Limited is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address can be found on the Company

Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

Monetary amounts in these financial statements are rounded to the nearest £.

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Turnover is recognised when the amount of revenue can be measured reliably, when it is probable that

future economic benefits will flow to the entity and when specific criteria have been met.

Turnover is for the provision of the company's principal activity. Turnover is recognised over the period

the service relates to.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

20% on reducing balance

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the

extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 July 2018

2,147

Disposals

(2,147

)

At 30 June 2019

-

DEPRECIATION

At 1 July 2018

1,250

Charge for year

60

Eliminated on disposal

(1,310

)

At 30 June 2019

-

NET BOOK VALUE

At 30 June 2019

-

At 30 June 2018

897

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.19

30.6.18

£

Trade debtors

-

1,494

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.19

30.6.18

£

Taxation and social security

-

11,276

Other creditors

-

120

-

11,396

8.	PROVISIONS FOR LIABILITIES

30.6.19

30.6.18

£

Deferred tax

Accelerated capital allowances

-

170

Deferred

tax

£

Balance at 1 July 2018

170

Credit to Income Statement during year

(170

)

Balance at 30 June 2019

-

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.19

30.6.18

value:

£

1

Ordinary

£1

1

SW Cost Engineering Limited - Accounts to registrar (filleted) - small 18.2

SW Cost Engineering Limited - Accounts to registrar (filleted) - small 18.2