SEW Properties Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08618386 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 July 2016

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

79,639

72,647

CURRENT ASSETS

Debtors

2,400

2,720

Cash at bank

16,946

17,357

19,346

20,077

CREDITORS

Amounts falling due within one year

4,889

6,710

NET CURRENT ASSETS

14,457

13,367

TOTAL ASSETS LESS CURRENT
LIABILITIES

94,096

86,014

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

94,095

86,013

SHAREHOLDERS' FUNDS

94,096

86,014

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2016 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 26 October 2016 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 January 2015).

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

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

99,546

Additions

10,201

At 31 July 2016

109,747

DEPRECIATION

At 1 August 2015

26,899

Charge for year

3,209

At 31 July 2016

30,108

NET BOOK VALUE

At 31 July 2016

79,639

At 31 July 2015

72,647

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.16

31.7.15

value:

£

1

Ordinary

£1

1