Abbreviated Company Accounts - SWANVALE MANAGEMENT LIMITED

SWANVALE MANAGEMENT LIMITED - Company Information

04389345 SWANVALE MANAGEMENT LIMITED 2014-05-31 false 2013-06-01 2014-05-31 true 04389345 2013-06-01 2014-05-31 04389345 2014-05-31 04389345 2013-05-31 04389345 uk-gaap-cd-bus:Director1 2013-06-01 2014-05-31 04389345 uk-gaap-cd-bus:Director2 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-31 iso4217:GBP shares

Registered Number 04389345

SWANVALE MANAGEMENT LIMITED

Abbreviated Accounts

31 May 2014

SWANVALE MANAGEMENT LIMITED Registered Number 04389345

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Current assets
Stocks		9,347,933	9,339,888
Debtors		165,526	47,434
Investments		85,425	85,425
Cash at bank and in hand		38,298	41,116
		9,637,182	9,513,863
Creditors: amounts falling due within one year		(8,019,268)	(8,374,759)
Net current assets (liabilities)		1,617,914	1,139,104
Total assets less current liabilities		1,617,914	1,139,104
Creditors: amounts falling due after more than one year		(4,243,736)	(4,181,739)
Total net assets (liabilities)		(2,625,822)	(3,042,635)
Capital and reserves
Called up share capital	2	99	99
Profit and loss account		(2,625,921)	(3,042,734)
Shareholders' funds		(2,625,822)	(3,042,635)

For the year ending 31 May 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 4 September 2014

And signed on their behalf by:
G J Toomey, Director

SWANVALE MANAGEMENT LIMITED Registered Number 04389345

Notes to the Abbreviated Accounts for the period ended 31 May 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Valuation information and policy
Stock is valued at the lower of cost and net realisable value.

2Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
99 Ordinary shares of £1 each	99	99