Company registration number 07533245 (England and Wales)
SWIFT REPAIRS LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
PAGES FOR FILING WITH REGISTRAR
SWIFT REPAIRS LIMITED
BALANCE SHEET
AS AT
31 MARCH 2023
31 March 2023
- 1 -
2023
2022
£
£
£
£
Fixed assets
7,634
9,448
Current assets
40,946
44,691
Creditors: amounts falling due within one year
(27,682)
(23,695)
Net current assets
13,264
20,996
Total assets less current liabilities
20,898
30,444
Creditors: amounts falling due after more than one year
(20,779)
(30,251)
Net assets
119
193
Capital and reserves
119
193
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
The following advances and credits to directors subsisted during the years ended 31 March 2023 and 31 March 2022:
2023
2022
£
£
Mr D Adams
Balance outstanding at the start of the year
4,278
-
Amounts advanced
644
4,278
Amounts repaid
(4,278)
-
Amounts written off
-
-
Balance outstanding at the end of the year
644
4,278
Mr G Bennett
Balance outstanding at the start of the year
4,278
-
Amounts advanced
644
4,278
Amounts repaid
(4,278)
-
Amounts written off
-
-
Balance outstanding at the end of the year
644
4,278
SWIFT REPAIRS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2023
31 March 2023
- 2 -
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
3
3
Swift Repairs Limited is a private company limited by shares incorporated in England and Wales. The registered office is 425 - 429 Coventry Road, Small Heath, Birmingham, West Midlands, United Kingdom, B10 0TH.
For the year ended 31 March 2023 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.
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 financial statements were approved by the board of directors and authorised for issue on 3 November 2023 and are signed on its behalf by:
Mr Glen Bennett
Director
Company registration number 07533245 (England and Wales)