Company Registration No. 06573566 (England and Wales)
Swimming Town Limited
Unaudited accounts
for the year ended 31 March 2023
Swimming Town Limited
Unaudited accounts
Contents
Swimming Town Limited
Company Information
for the year ended 31 March 2023
Company Number
06573566 (England and Wales)
Registered Office
17 Lee Road
Aldeburgh
Suffolk
IP15 5AG
Accountants
John Phillips
387 Chartridge Lane
Chesham
Bucks
HP5 2SL
Swimming Town Limited
Statement of financial position
as at 31 March 2023
Tangible assets
24,518
30,673
Cash at bank and in hand
78
48
Creditors: amounts falling due within one year
(27,419)
(30,633)
Net current liabilities
(27,341)
(30,585)
Net (liabilities)/assets
(2,823)
88
Called up share capital
10
10
Profit and loss account
(2,833)
78
Shareholders' funds
(2,823)
88
For the year ending 31 March 2023 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 18 October 2023 and were signed on its behalf by
J Canter
Director
Company Registration No. 06573566
Swimming Town Limited
Notes to the Accounts
for the year ended 31 March 2023
Swimming Town Limited is a private company, limited by shares, registered in England and Wales, registration number 06573566. The registered office is 17 Lee Road, Aldeburgh, Suffolk, IP15 5AG.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
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
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2022
60,530
2,307
62,837
At 31 March 2023
60,530
2,307
62,837
At 1 April 2022
30,265
1,899
32,164
Charge for the year
6,053
102
6,155
At 31 March 2023
36,318
2,001
38,319
At 31 March 2023
24,212
306
24,518
At 31 March 2022
30,265
408
30,673
Swimming Town Limited
Notes to the Accounts
for the year ended 31 March 2023
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
765
435
Loans from directors
25,654
29,198
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
7
Transactions with related parties
The company owed the director Jon Canter £25,654 at the balance sheet date (2022 - £29,198). The loan is made on interest free terms.
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).