Abbreviated Company Accounts - SW EXECUTOR & TRUSTEE COMPANY LIMITED

SW EXECUTOR & TRUSTEE COMPANY LIMITED - Company Information

04231806 SW EXECUTOR & TRUSTEE COMPANY LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 04231806 2015-04-01 2016-03-31 04231806 2016-03-31 04231806 2015-03-31 04231806 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 04231806 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 04231806

SW EXECUTOR & TRUSTEE COMPANY LIMITED

Abbreviated Accounts

31 March 2016

SW EXECUTOR & TRUSTEE COMPANY LIMITED Registered Number 04231806

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets	2	338	477
Investments		-	-
		338	477
Current assets
Stocks		-	-
Debtors		53,340	147,014
Investments		-	-
Cash at bank and in hand		3,173	60,655
		56,513	207,669
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(20,663)	(18,112)
Net current assets (liabilities)		35,850	189,557
Total assets less current liabilities		36,188	190,034
Creditors: amounts falling due after more than one year		0	0
Provisions for liabilities		0	0
Accruals and deferred income		0	0
Total net assets (liabilities)		36,188	190,034
Capital and reserves
Called up share capital	3	25	100
Share premium account		0	0
Revaluation reserve		0	0
Other reserves		75	0
Profit and loss account		36,088	189,934
Shareholders' funds		36,188	190,034

For the year ending 31 March 2016 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 22 December 2016

And signed on their behalf by:
C A Graham, Director

SW EXECUTOR & TRUSTEE COMPANY LIMITED Registered Number 04231806

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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 net invoiced sales of services, excluding value added tax. Where a service is incomplete at the year end, turnover represents the sales value of services provided based on an appropriate proportion of time spent. Any partially completed services that are un-billed at year end are recorded in accrued income within trade debtors.

Tangible assets depreciation policy
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 - 33% reducing balance basis
Fixtures, fittings & equipment - 15% reducing balance basis

2Tangible fixed assets

	£
Cost
At 1 April 2015	855
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	855
Depreciation
At 1 April 2015	378
Charge for the year	139
On disposals	-
At 31 March 2016	517
Net book values
At 31 March 2016	338
At 31 March 2015	477

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
25 A Ordinary shares of £1 each (100 shares for 2015)	25	100

During the year 75 ordinary shares of £1 each were purchased and cancelled by the company for a cash consideration of £142,525.