SCW_ORGANISATION_LIMITED - Accounts

SCW ORGANISATION LIMITED - Company Information

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Company Registration No. 07164215 (England and Wales)

SCW ORGANISATION LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2015

SCW ORGANISATION LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

SCW ORGANISATION LIMITED

ABBREVIATED BALANCE SHEET

AS AT

28 FEBRUARY 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

29,646

38,393

Investments

3,875

33,521

38,393

Current assets

Debtors

2,700

Cash at bank and in hand

16,526

20,399

19,226

23,099

Creditors: amounts falling due within one year

(26,358)

(26,004)

Net current liabilities

(7,132)

(2,905)

Total assets less current liabilities

26,389

35,488

Creditors: amounts falling due after more than one year

(26,006)

(30,727)

383

4,761

Capital and reserves

Called up share capital

100

Profit and loss account

283

4,661

Shareholders' funds

383

4,761

For the financial year ended 28 February 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 4 November 2015

Mrs C Warren

Mr S J Warren

Director

Company Registration No. 07164215

SCW ORGANISATION LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2015

- 2 -

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 net of VAT and trade discounts.

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:

Computer equipment

25% on cost

Fixtures, fittings & equipment

25% on cost

Motor vehicles

25% reducing balance

1.5

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

Fixed assets

Tangible assets

Investments

Total

Cost

At 1 March 2014

45,558

Additions

1,954

3,875

5,829

At 28 February 2015

47,512

3,875

51,387

Depreciation

At 1 March 2014

7,165

Charge for the year

10,701

At 28 February 2015

17,866

Net book value

At 28 February 2015

29,646

3,875

33,521

At 28 February 2014

38,393

SCW ORGANISATION LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 28 FEBRUARY 2015

- 3 -

Share capital

2015

2014

Allotted, called up and fully paid

50 Ordinary A of £1 each

49 Ordinary B of £1 each

1 Ordinary C of £1 each

100