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Company Registration No. 12025506 (England and Wales)
SWS CUSTOMS LIMITED Unaudited accounts for the year ended 31 May 2023
SWS CUSTOMS LIMITED Unaudited accounts Contents
Page
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SWS CUSTOMS LIMITED Company Information for the year ended 31 May 2023
Director
Andrei Serban
Company Number
12025506 (England and Wales)
Registered Office
70 CALDY ROAD BELVEDERE LONDON DA17 6JS UNITED KINGDOM
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SWS CUSTOMS LIMITED Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,408 
- 
Current assets
Debtors
57,158 
49,464 
Cash at bank and in hand
70 
8,182 
57,228 
57,646 
Creditors: amounts falling due within one year
(4,864)
(2,939)
Net current assets
52,364 
54,707 
Total assets less current liabilities
55,772 
54,707 
Creditors: amounts falling due after more than one year
(28,704)
(39,352)
Net assets
27,068 
15,355 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
26,968 
15,255 
Shareholders' funds
27,068 
15,355 
For the year ending 31 May 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 7 February 2024 and were signed on its behalf by
Andrei Serban Director Company Registration No. 12025506
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SWS CUSTOMS LIMITED Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
SWS CUSTOMS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12025506. The registered office is 70 CALDY ROAD, BELVEDERE, LONDON, DA17 6JS, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Motor vehicles
20% straight line depreciation
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 June 2022
- 
Additions
4,260 
At 31 May 2023
4,260 
Depreciation
Charge for the year
852 
At 31 May 2023
852 
Net book value
At 31 May 2023
3,408 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
57,158 
49,464 
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SWS CUSTOMS LIMITED Notes to the Accounts for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
4,864 
2,939 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
28,704 
39,352 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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