Swan Marketing Services Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 07785393 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 September 2015

for

Swan Marketing Services Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P H Muir

REGISTERED OFFICE:

Pitmean

72 Park Road

Camberley

Surrey

GU15 2SN

REGISTERED NUMBER:

07785393 (England and Wales)

ACCOUNTANTS:

Butt Miller

Chartered Accountants

92 Park Street

Camberley

Surrey

GU15 3NY

FIXED ASSETS

Tangible assets

2

183

358

CURRENT ASSETS

Debtors

24,201

16,727

Cash at bank

656

3,896

24,857

20,623

CREDITORS

Amounts falling due within one year

(24,219

)

(20,016

)

NET CURRENT ASSETS

638

607

TOTAL ASSETS LESS CURRENT LIABILITIES

821

965

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

820

964

SHAREHOLDERS' FUNDS

821

965

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 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 28 June 2016 and were signed by:

P H Muir - 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.

Services provided under contracts to the extent that there is a right to consideration, are recorded at the value of

the consideration due. Where a contract has only been partially completed at the balance sheet date turnover

represents the value of the service provided to date based on a proportion of the total expected consideration at

completion. Where payments are received from customers in advance of services provided, the amounts are

recorded as deferred income and included as part of creditors due within one year.

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

-

33% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

and 30 September 2015

1,412

DEPRECIATION

At 1 October 2014

1,054

Charge for year

175

At 30 September 2015

1,229

NET BOOK VALUE

At 30 September 2015

183

At 30 September 2014

358

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

1

Ordinary

£1

1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2015 and

30 September 2014:

2015

2014

£

£

P H Muir

Balance outstanding at start of year

7,907

(504

)

Amounts advanced

78,031

19,063

Amounts repaid

(80,407

)

(10,652

)

Balance outstanding at end of year

5,531

7,907

5.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P H Muir.