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REGISTERED NUMBER: 10015521 (England and Wales)



















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

SWORDS PROPERTIES LTD

SWORDS PROPERTIES LTD (REGISTERED NUMBER: 10015521)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 28 FEBRUARY 2023




Page

Balance Sheet 1


SWORDS PROPERTIES LTD (REGISTERED NUMBER: 10015521)

BALANCE SHEET
28 FEBRUARY 2023

2023 2022
£    £    £    £   
FIXED ASSETS 13,016 2,914

CURRENT ASSETS 680,330 850,290

CREDITORS
Amounts falling due within one year (435,089 ) (647,061 )
NET CURRENT ASSETS 245,241 203,229
TOTAL ASSETS LESS CURRENT
LIABILITIES

258,257

206,143

CREDITORS
Amounts falling due after more than one
year

5,536

-
NET ASSETS 252,721 206,143

CAPITAL AND RESERVES 252,721 206,143

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Swords Properties Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10015521

Registered office: 4 The Gateway
Blackthorn Place
Silsoe
Beds
MK45 4PZ

The presentation currency of the financial statements is the Pound Sterling (£).


2. RELATED PARTY TRANSACTIONS

As at 28 February 2023, Swords Properties Ltd owed Mr JJ Gill £69,000 (2022: £69,000). This balance is included in other creditors. Mr JJ Gill is a family member of Mrs C Lawless.

Swords Properties Ltd also owed GPS Estates Limited £5,400 (2022: £5,400). This balance is included in other creditors. Mr JJ Gill is a director of GPS Estates Limited.

3. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 1 (2022 - 1 ) .

SWORDS PROPERTIES LTD (REGISTERED NUMBER: 10015521)

BALANCE SHEET - continued
28 FEBRUARY 2023

NOTES TO THE FINANCIAL STATEMENTS

4. SECURED DEBTS

Mortgage Guarantee Limited have a security over properties classified within stocks and hold this security until completion. Mrs C Lawless & Mr E Lawless have joint and several indemnity of the fixed term commercial finance.

During the period, the loan was fully repaid.



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 22 November 2023 and were signed on its behalf by:





Mrs C Lawless - Director