Swilken Developments Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: SC349518 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2016

for

Swilken Developments Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

S Pender

Mrs K Pender

SECRETARY:

S Pender

REGISTERED OFFICE:

32 Charlotte Square

Edinburgh

EH2 4ET

REGISTERED NUMBER:

SC349518 (Scotland)

ACCOUNTANTS:

Campbell Dallas LLP

Chartered Accountants

Titanium 1

King's Inch Place

Renfrew

PA4 8WF

CURRENT ASSETS

Cash at bank

376

16

CREDITORS

Amounts falling due within one year

423,672

422,574

NET CURRENT LIABILITIES

(423,296

)

(422,558

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(423,296

)

(422,558

)

CAPITAL AND RESERVES

Called up share capital

2

2

2

Profit and loss account

(423,298

)

(422,560

)

SHAREHOLDERS' FUNDS

(423,296

)

(422,558

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 28 January 2017 and were signed on its behalf by:

Mrs K Pender - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost conventionand in accordance

with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The company has a net current liability position of £423,296. The company meets its working capital

requirement through the support of its directors and its parent company. All parties have indicated

that this support will continue, and accordingly they consider that it is appropriate to prepare the

financial statements on a going concern basis.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

2

Ordinary

2

2

2