Company Registration No. 01158079 (England and Wales)
SWALLOW HOUSE MANAGEMENT
COMPANY LIMITED
ANNUAL REPORT AND UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2023
PAGES FOR FILING WITH REGISTRAR
TWP Accounting LLP
Chartered Accountants
The Old Rectory
Church Street
Weybridge
Surrey
KT13 8DE
SWALLOW HOUSE MANAGEMENT COMPANY LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
SWALLOW HOUSE MANAGEMENT COMPANY LIMITED
Company Registration No. 01158079
BALANCE SHEET
AS AT 31 DECEMBER 2023
31 December 2023
- 1 -
2023
2022
Notes
£
£
£
£
Current assets
Debtors
3
674
4,910
Cash at bank and in hand
5,529
4,162
6,203
9,072
Creditors: amounts falling due within one year
4
(1,218)
(594)
Net current assets
4,985
8,478
Capital and reserves
Called up share capital
5
12
12
Profit and loss reserves
4,973
8,466
Total equity
4,985
8,478

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared 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 25 September 2024 and are signed on its behalf by:
C Marshall
Director
SWALLOW HOUSE MANAGEMENT COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
- 2 -
1
Accounting policies
Company information

Swallow House Management Company Limited is a private company limited by shares incorporated in England and Wales. The registered office is 11 Swallow Court, 186 Cheam Common Road, Worcester Park, Surrey, KT4 8QW.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover compromises revenue recognised by the company in respect of maintenance charges receivable for the year.

1.3
Cash at bank and in hand

Cash at bank and in hand are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.4
Financial instruments
Basic financial assets
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Basic financial liabilities
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
1.5

Taxation

The company is a non trading organisation and not liable for corporation tax on its surplus.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
2
1
SWALLOW HOUSE MANAGEMENT COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
- 3 -
3
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
674
4,910
4
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
594
-
0
Other creditors
624
594
1,218
594
5
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
12
12
12
12
2023-12-312023-01-01false25 September 2024CCH SoftwareCCH Accounts Production 2024.100No description of principal activityC MarshallJ Watkinsfalsefalse011580792023-01-012023-12-31011580792023-12-31011580792022-12-3101158079core:CurrentFinancialInstrumentscore:WithinOneYear2023-12-3101158079core:CurrentFinancialInstrumentscore:WithinOneYear2022-12-3101158079core:CurrentFinancialInstruments2023-12-3101158079core:CurrentFinancialInstruments2022-12-3101158079core:ShareCapital2023-12-3101158079core:ShareCapital2022-12-3101158079core:RetainedEarningsAccumulatedLosses2023-12-3101158079core:RetainedEarningsAccumulatedLosses2022-12-3101158079bus:Director12023-01-012023-12-31011580792022-01-012022-12-3101158079bus:PrivateLimitedCompanyLtd2023-01-012023-12-3101158079bus:SmallCompaniesRegimeForAccounts2023-01-012023-12-3101158079bus:FRS1022023-01-012023-12-3101158079bus:AuditExemptWithAccountantsReport2023-01-012023-12-3101158079bus:Director22023-01-012023-12-3101158079bus:FullAccounts2023-01-012023-12-31xbrli:purexbrli:sharesiso4217:GBP