Company Registration No. 05411615 (England and Wales)
Social Work Assessment Partners Ltd
Unaudited accounts
for the year ended 30 April 2023
Social Work Assessment Partners Ltd
Unaudited accounts
Contents
Social Work Assessment Partners Ltd
Company Information
for the year ended 30 April 2023
Directors
Roy Walker
Lorraine Walker
Company Number
05411615 (England and Wales)
Registered Office
51 Long Street
Bulkington
Bedworth
Warwickshire
CV12 9JZ
Accountants
Cube Accounting Limited
Suite 3B & 3C, Davy Court
Castle Mound Way
Rugby
Warwickshire
CV23 0UZ
Social Work Assessment Partners Ltd
Statement of financial position
as at 30 April 2023
Tangible assets
46,801
24,192
Cash at bank and in hand
396,760
427,406
Creditors: amounts falling due within one year
(113,933)
(91,451)
Net current assets
497,874
512,399
Total assets less current liabilities
544,675
536,591
Provisions for liabilities
Deferred tax
(4,683)
(4,596)
Net assets
539,992
531,995
Called up share capital
8
8
Profit and loss account
539,984
531,987
Shareholders' funds
539,992
531,995
For the year ending 30 April 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 directors acknowledge their 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 of Directors and authorised for issue on 19 October 2023 and were signed on its behalf by
Roy Walker
Director
Company Registration No. 05411615
Social Work Assessment Partners Ltd
Notes to the Accounts
for the year ended 30 April 2023
Social Work Assessment Partners Ltd is a private company, limited by shares, registered in England and Wales, registration number 05411615. The registered office is 51 Long Street, Bulkington , Bedworth, Warwickshire, CV12 9JZ.
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:
Fixtures & fittings
10% reducing balance
Computer equipment
20% straight line
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Turnover is measured at the fair value of the consideration received or receivable. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract with the local authorities.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Social Work Assessment Partners Ltd
Notes to the Accounts
for the year ended 30 April 2023
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2022
-
17,682
32,090
49,772
Additions
29,860
1,499
419
31,778
At 30 April 2023
29,860
19,181
32,509
81,550
At 1 May 2022
-
6,379
19,201
25,580
Charge for the year
4,479
1,281
3,409
9,169
At 30 April 2023
4,479
7,660
22,610
34,749
At 30 April 2023
25,381
11,521
9,899
46,801
At 30 April 2022
-
11,303
12,889
24,192
Amounts falling due within one year
Trade debtors
172,057
145,593
Accrued income and prepayments
42,990
30,851
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
91,219
74,574
Other creditors
1,908
2,675
Loans from directors
340
1,045
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
6 Ordinary B Shares of £1 each
6
6
8
Average number of employees
During the year the average number of employees was 11 (2022: 11).