S & W (Group) Limited - Abbreviated accounts 16.3

S & W (Group) Limited - Abbreviated accounts 16.3

S & W (GROUP) LIMITED - Company Information

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REGISTERED NUMBER: 09060441 (England and Wales)
















S & W (GROUP) LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2016













S & W (GROUP) LIMITED (REGISTERED NUMBER: 09060441)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

Chartered Accountants' Report 5

S & W (GROUP) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2016







DIRECTOR: G P Whyles





SECRETARY: Ms D L Nunn





REGISTERED OFFICE: S & W House
Longhill Road
March
Cambridgeshire
PE15 0BL





REGISTERED NUMBER: 09060441 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
4 Henley Way
Doddington Road
Lincoln
Lincolnshire
LN6 3QR
Page 1
S & W (GROUP) LIMITED (REGISTERED NUMBER: 09060441)

ABBREVIATED BALANCE SHEET
30 JUNE 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Investments 2 5,000,000 5,000,000
Investment property 3 816,839 562,431
5,816,839 5,562,431

CURRENT ASSETS
Debtors 250 -
Cash at bank 27,318 12,892
27,568 12,892
CREDITORS
Amounts falling due within one year 35,610 975
NET CURRENT (LIABILITIES)/ASSETS (8,042 ) 11,917
TOTAL ASSETS LESS CURRENT LIABILITIES 5,808,797 5,574,348

CAPITAL AND RESERVES
Called up share capital 4 1,026 951
Other reserves 4,998,974 4,999,049
Profit and loss account 808,797 574,348
SHAREHOLDERS' FUNDS 5,808,797 5,574,348

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 15 March 2017 and were signed by:



G P Whyles - Director


The notes form part of these abbreviated accounts

Page 2
S & W (GROUP) LIMITED (REGISTERED NUMBER: 09060441)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2016

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).

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes
in market value is transferred to a revaluation reserve.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date.

Investment in subsidiary undertakings
Investments in subsidiary undertakings are valued at the fair value of the consideration paid.

Consolidation
In the opinion of the director, the company and its subsidiary undertakings comprise a small group. The
company has therefore taken advantage of the exemption provided by Section 398 of the Companies Act 2006
not to prepare group financial statements. These financial statements therefore show only the results and
balances relating to the parent company as an individual entity.

2. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST
At 1 July 2015
and 30 June 2016 5,000,000
NET BOOK VALUE
At 30 June 2016 5,000,000
At 30 June 2015 5,000,000

The company's investments at the Balance Sheet date in the share capital of companies include the following:

S & W Process Engineering Limited
Nature of business: Mechanical engineering services
%
Class of shares: holding
Ordinary 100.00
2016 2015
£    £   
Aggregate capital and reserves 3,266,834 2,375,600
Profit for the year/period 1,358,675 515,881

Page 3 continued...
S & W (GROUP) LIMITED (REGISTERED NUMBER: 09060441)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 30 JUNE 2016

3. INVESTMENT PROPERTY
Total
£   
COST
At 1 July 2015 562,431
Additions 254,408
At 30 June 2016 816,839
NET BOOK VALUE
At 30 June 2016 816,839
At 30 June 2015 562,431

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
951 Ordinary £1.00 951 951
75 A Ordinary £1.00 75 -
1,026 951

75 A Ordinary shares of £1.00 each were allotted and fully paid for cash at par during the year.

Page 4
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
S & W (GROUP) LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)
have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of S & W (Group) Limited for the year ended 30 June 2016 which comprise the Profit and Loss
Account, the Balance Sheet and the related notes from the company's accounting records and from information and
explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of S & W (Group) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of S & W (Group) Limited and state those matters that we have agreed to state to the director of S & W (Group) Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than S & W (Group) Limited director for our work or for this report.

It is your duty to ensure that S & W (Group) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of S & W (Group) Limited. You consider that S & W (Group) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of S & W (Group) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Duncan & Toplis Limited
4 Henley Way
Doddington Road
Lincoln
Lincolnshire
LN6 3QR


15 March 2017

This page does not form part of the abbreviated accounts

Page 5