Abbreviated Company Accounts - SWIMBOUND LIMITED

Abbreviated Company Accounts - SWIMBOUND LIMITED


Registered Number 04905667

SWIMBOUND LIMITED

Abbreviated Accounts

31 March 2014

SWIMBOUND LIMITED Registered Number 04905667

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets 2 1,250 -
1,250 -
Current assets
Stocks 787 -
Debtors 376 100
Cash at bank and in hand 6,941 -
8,104 100
Creditors: amounts falling due within one year (9,300) 0
Net current assets (liabilities) (1,196) 100
Total assets less current liabilities 54 100
Total net assets (liabilities) 54 100
Capital and reserves
Called up share capital 3 100 100
Profit and loss account (46) 0
Shareholders' funds 54 100
  • For the year ending 31 March 2014 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 18 December 2014

And signed on their behalf by:
Mrs J O'Keeffe-Howard, Director
Mrs Helen Recchia, Director

SWIMBOUND LIMITED Registered Number 04905667

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

Turnover policy
Turnover represents amounts receivable for services provided.

Other accounting policies
Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

2Intangible fixed assets
£
Cost
At 1 April 2013 0
Additions 2,500
Disposals -
Revaluations -
Transfers -
At 31 March 2014 2,500
Amortisation
At 1 April 2013 0
Charge for the year 1,250
On disposals -
At 31 March 2014 1,250
Net book values
At 31 March 2014 1,250
At 31 March 2013 0
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
100 Ordinary shares of £1 each 100 100