Abbreviated Company Accounts - SWANVALE MANAGEMENT LIMITED

SWANVALE MANAGEMENT LIMITED - Company Information

04389345 SWANVALE MANAGEMENT LIMITED 2016-05-31 false 2015-06-01 2016-05-31 true 04389345 2015-06-01 2016-05-31 04389345 2016-05-31 04389345 2015-05-31 04389345 uk-gaap-cd-bus:Director1 2015-06-01 2016-05-31 04389345 uk-gaap-cd-bus:Director2 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 iso4217:GBP shares

Registered Number 04389345

SWANVALE MANAGEMENT LIMITED

Abbreviated Accounts

31 May 2016

SWANVALE MANAGEMENT LIMITED Registered Number 04389345

Abbreviated Balance Sheet as at 31 May 2016

	Notes	2016	2015
		£	£
Current assets
Stocks		8,447,994	10,813,491
Debtors		135,320	160,035
Investments		85,425	85,425
Cash at bank and in hand		2,466	61,983
		8,671,205	11,120,934
Creditors: amounts falling due within one year		(4,552,439)	(9,247,949)
Net current assets (liabilities)		4,118,766	1,872,985
Total assets less current liabilities		4,118,766	1,872,985
Creditors: amounts falling due after more than one year		(4,122,661)	(4,180,089)
Total net assets (liabilities)		(3,895)	(2,307,104)
Capital and reserves
Called up share capital	2	99	99
Profit and loss account		(3,994)	(2,307,203)
Shareholders' funds		(3,895)	(2,307,104)

For the year ending 31 May 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 12 January 2017

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 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 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.

Tangible assets depreciation policy
Stock is valued at the lower of cost and net realisable value.

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

	2016 £	2015 £
99 Ordinary shares of £1 each	99	99