Abbreviated Company Accounts - SWORD (NURSERY) LIMITED

Abbreviated Company Accounts - SWORD (NURSERY) LIMITED

SWORD (NURSERY) LIMITED - Company Information

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Registered Number SC185199

SWORD (NURSERY) LIMITED

Abbreviated Accounts

30 June 2015

SWORD (NURSERY) LIMITED Registered Number SC185199

Abbreviated Balance Sheet as at 30 June 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 1,362,939 1,368,298
1,362,939 1,368,298
Current assets
Debtors 2,665 2,565
Cash at bank and in hand 69,134 38,338
71,799 40,903
Creditors: amounts falling due within one year 3 (566,427) (567,879)
Net current assets (liabilities) (494,628) (526,976)
Total assets less current liabilities 868,311 841,322
Creditors: amounts falling due after more than one year 3 (277,278) (324,169)
Total net assets (liabilities) 591,033 517,153
Capital and reserves
Called up share capital 4 100 100
Profit and loss account 590,933 517,053
Shareholders' funds 591,033 517,153
  • For the year ending 30 June 2015 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 30 March 2016

And signed on their behalf by:
Usha Fowdar, Director

SWORD (NURSERY) LIMITED Registered Number SC185199

Notes to the Abbreviated Accounts for the period ended 30 June 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises the value of sales excluding VAT and similar taxes and trade discounts of goods and services in the normal course of business

Tangible assets depreciation policy
Plant 25% Reducing Balance
Fixtures 15% Reducing Balance
Equipment 15% Reducing Balance

2Tangible fixed assets
£
Cost
At 1 July 2014 1,450,924
Additions 1,414
Disposals -
Revaluations -
Transfers -
At 30 June 2015 1,452,338
Depreciation
At 1 July 2014 82,626
Charge for the year 6,773
On disposals -
At 30 June 2015 89,399
Net book values
At 30 June 2015 1,362,939
At 30 June 2014 1,368,298
3Creditors
2015
£		 2014
£
Secured Debts 277,278 324,169
Instalment debts due after 5 years 92,907 142,990
Non-instalment debts due after 5 years 0 0
4Called Up Share Capital
Allotted, called up and fully paid:
2015
£		 2014
£
100 Ordinary shares of £1 each 100 100