Company Registration No. 2890232 (England and Wales)
THE WHITE SWAN AT ASH LIMITED
Unaudited accounts
for the year ended 30 April 2017
THE WHITE SWAN AT ASH LIMITED
Unaudited accounts
Contents
THE WHITE SWAN AT ASH LIMITED
Company Information
for the year ended 30 April 2017
Company Number
2890232 (England and Wales)
Registered Office
THE WHITE SWAN ASH ROAD
ASH
SEVENOAKS
TN15 7HJ
ENGLAND
Accountants
ABACUS ACCOUNTING SERVICES
73 KENT ROAD
HALLING
KENT
ME2 1AR
THE WHITE SWAN AT ASH LIMITED
Statement of financial position
as at 30 April 2017
Tangible assets
900,001
900,001
Cash at bank and in hand
(39,468)
(33,845)
Creditors: amounts falling due within one year
(100,795)
(142,491)
Net current liabilities
(120,263)
(156,336)
Total assets less current liabilities
779,738
743,665
Creditors: amounts falling due after more than one year
(269,327)
(277,637)
Net assets
510,411
466,028
Called up share capital
100
100
Revaluation reserve
647,004
647,004
Profit and loss account
(136,693)
(181,076)
Shareholders' funds
510,411
466,028
For the year ending 30 April 2017 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 30 January 2018.
VALERIE LANE
Director
Company Registration No. 2890232
THE WHITE SWAN AT ASH LIMITED
Notes to the Accounts
for the year ended 30 April 2017
THE WHITE SWAN AT ASH LIMITED is a private company, limited by shares, registered in England and Wales, registration number 2890232. The registered office is THE WHITE SWAN ASH ROAD, ASH, SEVENOAKS, TN15 7HJ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 April 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
THE WHITE SWAN AT ASH LIMITED
Notes to the Accounts
for the year ended 30 April 2017
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 May 2016
900,000
1
900,001
At 30 April 2017
900,000
1
900,001
At 30 April 2017
900,000
1
900,001
At 30 April 2016
900,000
1
900,001
Finished goods
20,000
20,000
6
Creditors: amounts falling due within one year
2017
2016
Trade creditors
100,795
142,491
7
Creditors: amounts falling due after more than one year
2017
2016
Bank loans
269,327
277,637
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 0 (2016: 0).
