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REGISTERED NUMBER: 06965863 (England and Wales)











ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2013

FOR

SW COMMERCIALS LIMITED

SW COMMERCIALS LIMITED (REGISTERED NUMBER: 06965863)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2013




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

SW COMMERCIALS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2013







DIRECTOR: S J Williams





SECRETARY: Mrs M A Williams





REGISTERED OFFICE: The Old Carriage Works
Moresk Road
TRURO
Cornwall
TR1 1DG





REGISTERED NUMBER: 06965863 (England and Wales)





ACCOUNTANTS: Lang Bennetts Chartered Accountants
The Old Carriage Works
Moresk Road
TRURO
Cornwall
TR1 1DG

SW COMMERCIALS LIMITED (REGISTERED NUMBER: 06965863)

ABBREVIATED BALANCE SHEET
30 SEPTEMBER 2013

2013 2012
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 48,000 51,000
Tangible assets 3 21,462 26,891
69,462 77,891

CURRENT ASSETS
Stocks 4,546 5,500
Debtors 151,564 114,718
Cash at bank 17,615 55
173,725 120,273
CREDITORS
Amounts falling due within one year 184,916 209,496
NET CURRENT LIABILITIES (11,191 ) (89,223 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

58,271

(11,332
)

CREDITORS
Amounts falling due after more than one
year

(18,000
)
(1,759
)

PROVISIONS FOR LIABILITIES (3,091 ) (3,566 )
NET ASSETS/(LIABILITIES) 37,180 (16,657 )

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 37,080 (16,757 )
SHAREHOLDERS' FUNDS 37,180 (16,657 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

SW COMMERCIALS LIMITED (REGISTERED NUMBER: 06965863)

ABBREVIATED BALANCE SHEET - continued
30 SEPTEMBER 2013


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 director on 19 December 2013 and were signed by:





S J Williams - Director


SW COMMERCIALS LIMITED (REGISTERED NUMBER: 06965863)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2013

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
At the period end, the company's balance sheet shows net current liabilities of £11,191. The director has
indicated that he is willing to support the company for the foreseeable future. On this basis, and with the
continued support of the company's creditors, he considers it appropriate to prepare the financial statements on a
going concern basis.

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 April 2008).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of twenty years.

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

Plant and machinery etc - 25% on reducing balance and 15% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 October 2012
and 30 September 2013 60,000
AMORTISATION
At 1 October 2012 9,000
Amortisation for year 3,000
At 30 September 2013 12,000
NET BOOK VALUE

At 30 September 2013 48,000
At 30 September 2012 51,000

SW COMMERCIALS LIMITED (REGISTERED NUMBER: 06965863)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2013

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 October 2012 44,493
Additions 2,172
Disposals (1,997 )
At 30 September 2013 44,668
DEPRECIATION
At 1 October 2012 17,602
Charge for year 6,758
Eliminated on disposal (1,154 )
At 30 September 2013 23,206
NET BOOK VALUE
At 30 September 2013 21,462
At 30 September 2012 26,891

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2013 2012
value: £    £   
100 Ordinary £1 100 100

5. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2013 and
30 September 2012:

2013 2012
£    £   
S J Williams
Balance outstanding at start of year 15,153 20,357
Amounts advanced 30,493 28,647
Amounts repaid (30,290 ) (33,851 )
Balance outstanding at end of year 15,356 15,153