Swiftbourne Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 01324942 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016

FOR

SWIFTBOURNE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

C A Smith

SECRETARY:

Mrs N M Smith

REGISTERED OFFICE:

Hillside

Gills Hill Lane

Radlett

Hertfordshire

WD7 8DB

REGISTERED NUMBER:

01324942 (England and Wales)

ACCOUNTANTS:

Scodie Deyong LLP

Chartered Accountants

4 Prince Albert Road

London

NW1 7SN

FIXED ASSETS

Tangible assets

4

21,920

22,761

CURRENT ASSETS

Debtors

5

-

2,152

Cash at bank

24,895

26,588

24,895

28,740

CREDITORS

Amounts falling due within one year

6

29,572

23,057

NET CURRENT (LIABILITIES)/ASSETS

(4,677

)

5,683

TOTAL ASSETS LESS CURRENT LIABILITIES

17,243

28,444

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

17,143

28,344

SHAREHOLDERS' FUNDS

17,243

28,444

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 18 October 2017 and were signed by:

C A Smith - Director

1.	STATUTORY INFORMATION

Swiftbourne Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

Turnover

This represents income received in relation to fees received.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful

life.

Freehold property - not provided

Long leasehold - not provided

Fixtures and fittings - 25% on reducing balance

It is the company's practice to maintain its properties in a continual state of sound repair and make improvements

thereto from time to time. Accordingly the director considers that the life of these assets is so long and the

residual value so high that its depreciation is insignificant.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Long

and

property

leasehold

fittings

Totals

£

£

£

£

COST

At 1 January 2016

and 31 December 2016

4,723

14,671

8,893

28,287

DEPRECIATION

At 1 January 2016

-

-

5,526

5,526

Charge for year

-

-

841

841

At 31 December 2016

-

-

6,367

6,367

NET BOOK VALUE

At 31 December 2016

4,723

14,671

2,526

21,920

At 31 December 2015

4,723

14,671

3,367

22,761

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Other debtors

-

2,152

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Trade creditors

2,710

851

Other creditors

26,862

22,206

29,572

23,057

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

£1

100

100

8.	TRANSACTIONS WITH DIRECTORS

Included in accountancy fees is an amount of £2,280 (2015 - £1,900) payable to C A Smith.

9.	ULTIMATE CONTROLLING PARTY

The company is controlled by the family of the director, by virtue of their ordinary shareholding in the company.