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Registered Number: 10337669
England and Wales

 

 

 

SWORD PROPERTY LIMITED



Abridged Accounts
 


Period of accounts

Start date: 01 September 2023

End date: 28 February 2025
 
 
Notes
 
2025
£
  2023
£
Current assets      
Debtors 34,586    67,947 
Cash at bank and in hand 2,066    1,575 
36,652    69,522 
Creditors: amount falling due within one year (1,481)   (10,472)
Net current assets 35,171    59,050 
 
Total assets less current liabilities 35,171    59,050 
Creditors: amount falling due after more than one year   (30,196)
Net assets 35,171    28,854 
 

Capital and reserves
     
Called up share capital 3 100    100 
Profit and loss account 35,071    28,754 
Shareholders' funds 35,171    28,854 
 


For the period ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 14 May 2025 and were signed by:


-------------------------------
Servet Kilic
Director
1
General Information
Sword Property Limited is a private company, limited by shares, registered in England and Wales, registration number 10337669, registration address C/O Goodmen Ltd Iveco House, Station Road, Watford, WD17 1ET.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
2.

Average number of employees

Average number of employees during the period was 0 (2023 : 0).
3.

Share Capital

Allotted, called up and fully paid
2025
£
  2023
£
100 Class A shares of £1.00 each 100    100 
100    100 

2