SEW Properties Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08618386 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 22 July 2013 to 31 July 2014

for

SEW PROPERTIES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

S E Watson

SECRETARY:

REGISTERED OFFICE:

c/o Pearson & Associates

North Barn

Broughton Hall

Skipton

North Yorkshire

BD23 3AE

REGISTERED NUMBER:

08618386 (England and Wales)

ACCOUNTANTS:

Pearson & Associates

North Barn

Broughton Hall

Skipton

North Yorkshire

BD23 3AE

FIXED ASSETS

Tangible assets

2

75,628

CURRENT ASSETS

Debtors

3,270

Cash at bank

3,466

6,736

CREDITORS

Amounts falling due within one year

20,500

NET CURRENT LIABILITIES

(13,764

)

TOTAL ASSETS LESS CURRENT LIABILITIES

61,864

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

61,863

SHAREHOLDERS' FUNDS

61,864

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 July 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 16 February 2015 and were signed by:

S E Watson - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

99,546

At 31 July 2014

99,546

DEPRECIATION

At 22 July 2013

22,601

Charge for period

1,317

At 31 July 2014

23,918

NET BOOK VALUE

At 31 July 2014

75,628

At 21 July 2013

(22,601

)

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

£1

1