REGISTERED NUMBER: 01604236 (England and Wales)

Unaudited Financial Statements

for the Year Ended

31 March 2019

for

Swanston Management Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S P Newitt

R F Stocks

E G Grant

D J Smith

SECRETARY:

Gem Estate Management Limited

REGISTERED OFFICE:

Gem House

1 Dunhams Lane

Letchworth Garden City

Hertfordshire

SG6 1GL

REGISTERED NUMBER:

01604236 (England and Wales)

ACCOUNTANTS:

Jacksons Accountants (Ascot) Limited

The Old Bakehouse

Course Road

Ascot

Berkshire

SL5 7HL

CURRENT ASSETS

Debtors

3

12,604

12,169

Cash at bank

101,330

295,643

113,934

307,812

CREDITORS

Amounts falling due within one year

4

4,527

5,262

NET CURRENT ASSETS

109,407

302,550

TOTAL ASSETS LESS CURRENT LIABILITIES

109,407

302,550

CAPITAL AND RESERVES

Called up share capital

780

780

Retained earnings

108,627

301,770

SHAREHOLDERS' FUNDS

109,407

302,550

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 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 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 Board of Directors on 20 September 2019 and were signed on its behalf by:

R F Stocks - Director

1.	STATUTORY INFORMATION

Swanston Management Company 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents service charges levied on residents based on budgeted expenditure for the year. This

company is not registered for VAT.

Taxation

The company is a non-profit making enterprise and surpluses or deficits arising as a result of differences between

service charges levied (based on estimated costs) and actual costs incurred do not fall within the scope of

corporation tax. Tax is payable on investment income only.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Prepayments and accrued income

12,604

12,169

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Trade creditors

1,134

1,780

Tax

356

422

Amounts owed to leaseholders

921

2,559

Accrued expenses

2,116

501

4,527

5,262