Swish Bars Limited - Limited company - abbreviated - 11.0.0

Swish Bars Limited - Limited company - abbreviated - 11.0.0

SWISH BARS LIMITED - Company Information

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REGISTERED NUMBER: 06806811 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 28 February 2014

for

Swish Bars Limited

Swish Bars Limited (Registered number: 06806811)






Contents of the Abbreviated Accounts
for the Year Ended 28 February 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Swish Bars Limited

Company Information
for the Year Ended 28 February 2014







DIRECTORS: P Heatley
G P Sweeting





REGISTERED OFFICE: Peterden House
1A Leighton Road
West Ealing
London
W13 9EL





REGISTERED NUMBER: 06806811 (England and Wales)





ACCOUNTANTS: Pemberton Professionals Limited
Peterden House
1a Leighton Road
West Ealing
London
W13 9EL
Page 1
Swish Bars Limited (Registered number: 06806811)

Abbreviated Balance Sheet
28 February 2014

28.2.14 28.2.13
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 - 2,000
Tangible assets 3 6,664 25,496
6,664 27,496

CURRENT ASSETS
Stocks 8,242 8,133
Debtors 14,500 18,197
Cash at bank and in hand 5,085 13,174
27,827 39,504
CREDITORS
Amounts falling due within one year 25,360 33,777
NET CURRENT ASSETS 2,467 5,727
TOTAL ASSETS LESS CURRENT LIABILITIES 9,131 33,223

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 9,031 33,123
SHAREHOLDERS' FUNDS 9,131 33,223

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 24 November 2014 and were signed on
its behalf by:





G P Sweeting - Director


The notes form part of these abbreviated accounts

Page 2
Swish Bars Limited (Registered number: 06806811)

Notes to the Abbreviated Accounts
for the Year Ended 28 February 2014

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 sales of goods, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of the business in 2009, is being
amortised evenly over its estimated useful life for five years.

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 - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for
obsolete and slow moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis
over the period of the lease.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 March 2013
and 28 February 2014 10,000
AMORTISATION
At 1 March 2013 8,000
Amortisation for year 2,000
At 28 February 2014 10,000
NET BOOK VALUE

At 28 February 2014 -
At 28 February 2013 2,000

Page 3 continued...
Swish Bars Limited (Registered number: 06806811)

Notes to the Abbreviated Accounts - continued
for the Year Ended 28 February 2014

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 March 2013
and 28 February 2014 94,596
DEPRECIATION
At 1 March 2013 69,100
Charge for year 18,832
At 28 February 2014 87,932
NET BOOK VALUE
At 28 February 2014 6,664
At 28 February 2013 25,496

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.14 28.2.13
value: £    £   
100 Ordinary shares £1 100 100

Page 4