Company registration number 06369590 (England and Wales)
SWAN COMMERCIAL PROPERTIES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
PAGES FOR FILING WITH REGISTRAR
SWAN COMMERCIAL PROPERTIES LTD
BALANCE SHEET
AS AT 30 JUNE 2024
30 June 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
937,963
846,696
Current assets
522,512
561,152
Creditors: amounts falling due within one year
(96,366)
(102,071)
Net current assets
426,146
459,081
Total assets less current liabilities
1,364,109
1,305,777
Creditors: amounts falling due after more than one year
(806,701)
(743,324)
Accruals and deferred income
(9,031)
(5,580)
Net assets
548,377
556,873
Capital and reserves
548,377
556,873
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees

During the year the company made a loan to the director T S O'Brien. At 30 June 2024 the balance owed to the company was £305,172. Interest is charged at HMRC beneficial loan arrangement rates.

2
Financial commitments, guarantees and contingencies

The company has a leasehold property rent commitment ending in 2052 with a current rent of £21,000 per annum and reviews every four years.

3
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2024
2023
Number
Number
Employees
2
2

Swan Commercial Properties Ltd is a private company limited by shares incorporated in England and Wales. The registered office is c/o Devil's Rush, Stane Street, Westhampnett, Chichester, West Sussex, PO18 0PA.

For the year ended 30 June 2024 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.

SWAN COMMERCIAL PROPERTIES LTD
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024
30 June 2024
- 2 -

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the board of directors and authorised for issue on 26 March 2025 and are signed on its behalf by:
T S O'Brien
Director
Company registration number 06369590 (England and Wales)
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