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SWAN PLACE MANAGEMENT LIMITED - Company Information

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Swan Place Management Limited

Registered Number:06481804

For the year ended 31 December 2016

England and Wales

Report of the Directors and Unaudited Financial Statements

For the year ended 31 December 2016

Swan Place Management Limited

Contents Page

Company Information

Mr Benjamin Joseph North

Directors

Mrs Christina Penrice Slater

Mr Benjamin Joseph North

Company Secretary

06481804

Registered Number

82 Wandsworth Bridge Road

Registered Office

London

SW6 2TF

Mckelvie & Co. LLP, Chartered Accountants

Accountants

82 Wandsworth Bridge Road

London

SW6 2TF

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For the year ended 31 December 2016

Swan Place Management Limited

Directors' Report

The directors present their report and financial statements for the year ended 31 December 2016.

Principal activities

The principal activity of the company continued to be that of the management of common areas.

Directors

The directors who served the company throughout the year were as follows:

Mr Benjamin Joseph North

Mrs Christina Penrice Slater

Mr Benjamin Joseph North

Signed on behalf of the board of directors

This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

Date:

25 September 2017

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For the year ended 31 December 2016

Swan Place Management Limited

Chartered Accountants' Report

Chartered Accountants' report to the Directors on the preparation of the unaudited statutory accounts of Swan

Place Management Limited for the year ended 31 December 2016

In order to assist you to fulfil your duties under Companies Act 2006, we have prepared for your approval the accounts

of Swan Place Management Limited for the year ended 31 December 2016 which comprise the Income Statement, the

Statement of Financial Position and the related notes from the company's accounting records and from information

and explanations you have given us.

As a practising 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 at

icaew.com/en/members/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Swan Place Management Limited, as a body, in accordance

with the terms of our engagement letter dated 28 September 2016. Our work has been undertaken solely to prepare

for your approval the accounts of Swan Place Management Limited and state those matters that we have agreed to

state to the Board of Directors of Swan Place Management Limited, as a body, in this report in accordance with

ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume

responsibility to anyone other than Swan Place Management Limited and its Board of Directors as a body for our work

or for this report.

It is your duty to ensure that Swan Place Management Limited has kept adequate accounting records to prepare

statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Swan Place

Management Limited. You consider that Swan Place Management 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 accounts of Swan Place Management 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 accounts.

Mckelvie & Co. LLP, Chartered Accountants

82 Wandsworth Bridge Road

London

SW6 2TF

Date:

25 September 2017

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For the year ended 31 December 2016

Swan Place Management Limited

Income Statement

2015

2016

Turnover

3,900

Gross profit

3,900

Administrative expenses

(4,960)

(3,905)

Operating loss

(1,060)

(5)

(1,060)

(5)

Loss before taxation

(1,060)

Loss for the financial year

(5)

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As at 31 December 2016

Swan Place Management Limited

Statement of Financial Position

Registered Number :

06481804

2015

2016

Notes

Current assets

5,719

Cash and cash equivalents

6,759

5,719

Trade and other payables: amounts falling due within one

year

(3,600)

(5,700)

2,119

1,059

Net current assets

Total assets less current liabilities

1,059

2,119

1,059

Net assets

2,119

Capital and reserves

Retained earnings

1,059

2,119

1,059

2,119

Members' Funds

For the year ended 31 December 2016 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006

The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section

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 financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

Mr Benjamin Joseph North

These financial statements were approved and authorised for issue by the Board on 25 September 2017 and were signed by:

The notes form part of these financial statements

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For the year ended 31 December 2016

Swan Place Management Limited

Notes to the Financial Statements

Statutory Information

Swan Place Management Limited is a private limited company, limited by guarantee, domiciled in England and Wales,

registration number 06481804.

Principal place of business:

2 Swan Place

Westerham

Kent

TN16 1UF

Registered address:

82 Wandsworth Bridge Road

London

SW6 2TF

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial

Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the

Companies Act 2006. The financial statements have been prepared under the historical costs convention as

modified by the revaluation of certain assets.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.

2. Trade and other payables: amounts falling due within one year

2015

2016

Trade creditors

600

Other creditors

5,100

3,000

5,700

3,600

3. Related party transactions

The company's turnover is all derived from the residents who are members of the company.

The company is limited by guarantee and each of it's members is liable to contribute up to a maximumof £1 to the

assets of the company in the event of liquidation.

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For the year ended 31 December 2016

Swan Place Management Limited

Notes to the Financial Statements Continued

4. Transition to FRS 102

This is the first financial year that the Company has presented its financial statements in accordance with FRS 102

Section1A "The Financial Reporting Framework Applicable in the UK and Republic of Ireland' ('FRS 102'). For

financial years up to and including the year ended 31 December 2015, the Company prepared its financial

statements in accordance with old UK GAAP. The Company's date of transition to FRS 102 is therefore 1 January

2015. This note sets out any changes to accounting policies and transitional adjustments that are required for first

time transition to FRS 102.

There are no changes to the accounting policies nor balances relating to the financial year ended 31 December 2015

as a result of this transition.

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