Company Registration No. SC770484 (Scotland)
SWAILEND PROPERTIES LIMITED
Unaudited accounts
for the year ended 31 May 2025
SWAILEND PROPERTIES LIMITED
Unaudited accounts
Contents
SWAILEND PROPERTIES LIMITED
Company Information
for the year ended 31 May 2025
Company Number
SC770484 (Scotland)
Registered Office
4 SCOTSMILL ROAD
BLACKBURN
ABERDEEN
AB21 0HG
SCOTLAND
SWAILEND PROPERTIES LIMITED
Statement of financial position
as at 31 May 2025
Called up share capital not paid
10
10
Tangible assets
69,860
71,315
Cash at bank and in hand
1,812
994
Creditors: amounts falling due within one year
(2,537)
(2,169)
Net current assets/(liabilities)
250
(600)
Total assets less current liabilities
70,120
70,725
Creditors: amounts falling due after more than one year
(70,835)
(72,778)
Net liabilities
(715)
(2,053)
Called up share capital
10
10
Profit and loss account
(725)
(2,063)
Shareholders' funds
(715)
(2,053)
For the year ending 31 May 2025 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 director acknowledges his 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.
The financial statements were approved by the Board and authorised for issue on 8 September 2025 and were signed on its behalf by
David Crichton
Director
Company Registration No. SC770484
SWAILEND PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 May 2025
SWAILEND PROPERTIES LIMITED is a private company, limited by shares, registered in Scotland, registration number SC770484. The registered office is 4 SCOTSMILL ROAD, BLACKBURN, ABERDEEN, AB21 0HG, SCOTLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Land & buildings
Amounts falling due after more than one year
SWAILEND PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 May 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
2,025
2,025
Taxes and social security
512
-
7
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
25,441
25,359
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).