Sword (Nursery) Limited


1 July 2018falseNo description of principal activityTaxfiler2019.11.WebSC185199business:PrivateLimitedCompanyLtd2018-07-012019-06-30SC1851992018-06-30SC1851992018-07-012019-06-30SC185199business:AuditExemptWithAccountantsReport2018-07-012019-06-30SC185199business:FullAccounts2018-07-012019-06-30SC1851992019-06-30SC1851992018-06-30SC185199core:WithinOneYear2019-06-30SC185199core:WithinOneYear2018-06-30SC185199core:AfterOneYear2019-06-30SC185199core:AfterOneYear2018-06-30SC185199core:ShareCapital2019-06-30SC185199core:ShareCapital2018-06-30SC185199core:RetainedEarningsAccumulatedLosses2019-06-30SC185199core:RetainedEarningsAccumulatedLosses2018-06-30SC185199business:SmallEntities2018-07-012019-06-30SC185199business:Director22018-07-012019-06-30SC185199countries:Scotland2018-07-012019-06-30SC185199business:RegisteredOffice2018-07-012019-06-30SC185199core:LandBuildings2018-07-012019-06-30SC185199core:PlantMachinery2018-07-012019-06-30SC185199core:FurnitureFittings2018-07-012019-06-30SC185199core:LandBuildings2018-06-30SC185199core:PlantMachinery2018-06-30SC185199core:FurnitureFittings2018-06-30SC185199core:LandBuildings2019-06-30SC185199core:PlantMachinery2019-06-30SC185199core:FurnitureFittings2019-06-30SC185199business:OrdinaryShareClass12018-07-012019-06-30SC185199business:OrdinaryShareClass12017-07-012018-06-30SC1851992017-07-012018-06-30iso4217:GBPxbrli:sharesxbrli:pure
Company Registration No. SC185199 (Scotland)
Sword (Nursery) LimitedUnaudited accounts for the year ended 30 June 2019
Sword (Nursery) Limited Statement of financial position as at 30 June 2019
2019 
2018 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,138,476 
1,198,207 
Current assets
Debtors
78,336 
46,751 
Cash at bank and in hand
(13,108)
1,734 
65,228 
48,485 
Creditors: amounts falling due within one year
(482,820)
(477,821)
Net current liabilities
(417,592)
(429,336)
Total assets less current liabilities
720,884 
768,871 
Creditors: amounts falling due after more than one year
(253,948)
(270,153)
Net assets
466,936 
498,718 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
466,836 
498,618 
Shareholders' funds
466,936 
498,718 
For the year ending 30 June 2019 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 18 February 2020.
Usha Devi Fowdar Director Company Registration No. SC185199
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Sword (Nursery) Limited Notes to the Accounts for the year ended 30 June 2019
1
Statutory information
Sword (Nursery) Limited is a private company, limited by shares, registered in Scotland, registration number SC185199. The registered office is Thistle House, Scholars Gate, East Kilbride, G75 9JL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Leasehold - 15% reducing balance
Plant & machinery
25% reducing balance
Fixtures & fittings
15% reducing balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 July 2018
1,232,876 
73,667 
142,225 
1,448,768 
At 30 June 2019
1,232,876 
73,667 
142,225 
1,448,768 
Depreciation
At 1 July 2018
126,188 
50,029 
74,344 
250,561 
Charge for the year
46,004 
3,545 
10,182 
59,731 
At 30 June 2019
172,192 
53,574 
84,526 
310,292 
Net book value
At 30 June 2019
1,060,684 
20,093 
57,699 
1,138,476 
At 30 June 2018
1,106,688 
23,638 
67,881 
1,198,207 
5
Debtors
2019 
2018 
£ 
£ 
Trade debtors
75,191 
44,640 
Accrued income and prepayments
3,145 
2,111 
78,336 
46,751 
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Sword (Nursery) Limited Notes to the Accounts for the year ended 30 June 2019
6
Creditors: amounts falling due within one year
2019 
2018 
£ 
£ 
Bank loans and overdrafts
17,406 
18,608 
Trade creditors
11,108 
15,723 
Amounts owed to group undertakings and other participating interests
339,000 
339,000 
Taxes and social security
13,281 
(9,014)
Loans from directors
66,797 
47,797 
Accruals
18,057 
11,707 
Deferred income
17,171 
54,000 
482,820 
477,821 
7
Creditors: amounts falling due after more than one year
2019 
2018 
£ 
£ 
Bank loans
253,948 
270,153 
8
Share capital
2019 
2018 
£ 
£ 
Allotted, called up and fully paid:
100Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 55 (2018: 54).
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