A & J Swithinbank Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04767563

A & J Swithinbank Limited

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J Swithinbank

A F Swithinbank

SECRETARY:

J Swithinbank

REGISTERED OFFICE:

The White House

2 Meadrow

Godalming

Surrey

GU7 3HN

REGISTERED NUMBER:

04767563

ACCOUNTANTS:

Hughes Waddell

The White House

2 Meadrow

Godalming

Surrey

GU7 3HN

FIXED ASSETS

Tangible assets

2

692

1,314

CURRENT ASSETS

Debtors

7,871

11,782

Cash at bank

36,154

19,335

44,025

31,117

CREDITORS

Amounts falling due within one year

44,205

29,020

NET CURRENT (LIABILITIES)/ASSETS

(180

)

2,097

TOTAL ASSETS LESS CURRENT
LIABILITIES

512

3,411

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

412

3,311

SHAREHOLDERS' FUNDS

512

3,411

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 19 December 2016 and were signed on its behalf
by:

A F Swithinbank - Director

J Swithinbank - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

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

Turnover

Turnover represents fees receivable for the period net of value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Greenhouse, walls & patio

-

20% on cost

Computer & photographic equipment

-

20% on cost

Deferred tax

Deferred taxation is provided on all material reversible timing differences that arise when comparing the

accounting profit with the profits that are chargeable to taxation. Deferred taxation is not provided on any

permanent timing differences that may arise. At the balance sheet date, the required provision for deferred

taxation is compared with the provision at the beginning of the period and any difference is credited or debited to

the profit and loss account. Deferred tax assets are only recognised when there is a reasonable certainty that they

will be recoverable in the future.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

18,124

DEPRECIATION

At 1 April 2015

16,810

Charge for year

622

At 31 March 2016

17,432

NET BOOK VALUE

At 31 March 2016

692

At 31 March 2015

1,314

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

100

Ordinary

£1

100