2022-06-01 09602068 2023-05-31 09602068 2022-06-01 2023-05-31 09602068 2022-05-31 09602068 2021-06-01 2022-05-31 09602068 uk-core:WithinOneYear 2022-05-31 09602068 uk-core:WithinOneYear 2023-05-31 09602068 uk-core:ShareCapital 2023-05-31 09602068 uk-core:ShareCapital 2022-05-31 09602068 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 09602068 uk-core:RetainedEarningsAccumulatedLosses 2022-05-31 09602068 uk-bus:Director1 2022-06-01 2023-05-31 09602068 uk-core:ComputerEquipment 2022-06-01 2023-05-31 09602068 uk-core:MotorCars 2022-06-01 2023-05-31 09602068 uk-core:ComputerEquipment 2022-05-31 09602068 uk-core:MotorCars 2022-05-31 09602068 uk-core:Land 2022-05-31 09602068 uk-core:Land 2023-05-31 09602068 uk-core:MotorCars 2023-05-31 09602068 uk-core:ComputerEquipment 2023-05-31 09602068 uk-core:Land 2022-06-01 2023-05-31 iso4217:GBP xbrli:pure 09602068 uk-bus:AuditExemptWithAccountantsReport 2022-06-01 2023-05-31 09602068 uk-bus:FRS102 2022-06-01 2023-05-31 09602068 uk-bus:FullAccounts 2022-06-01 2023-05-31 09602068 uk-bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31
SFW Communications Ltd
Registered Number:09602068
For the year ended 31 May 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2023
SFW Communications Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
09602068
As at 31 May 2023
SFW Communications Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
54,441
67,496
2
54,441
67,496
Current assets
Trade and other receivables
7,127
2,000
3
Financial assets
4,728
6,228
4
38,994
Cash and cash equivalents
34,621
42,849
50,849
Trade and other payables: amounts falling due within one year
(111,631)
(96,303)
5
(60,782)
(53,454)
Net current liabilities
Total assets less current liabilities
987
6,714
987
Net assets
6,714
Capital and reserves
Called up share capital
100
100
Retained earnings
887
6,614
987
6,714
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year
and of its profit or loss for each financial year in accordance with the requirements of Section 394 and 395 and which otherwise comply
with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Ms Sophy Fearnley-Whittingstall Director
These financial statements were approved and authorised for issue by the Board on 31 January 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 May 2023
SFW Communications Ltd
Notes to the Financial Statements
Statutory Information
SFW Communications Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 09602068.
Principal place of business:
High Penn farmhouse
High Penn
CALNE
Wiltshire
SN11 8RU
Registered address:
Horizon House
2 Whiting Street
Sheffield
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have
been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25 Straight line
Computer equipment
25% Straight line
Motor vehicles
Hire purchase and leasing commitments
The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
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5
For the year ended 31 May 2023
SFW Communications Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Motor vehicles
Land and buildings
£
£
£
£
Cost or valuation
At 01 June 2022
82,211
6,632
45,579
30,000
At 31 May 2023
30,000
45,579
6,632
82,211
Provision for depreciation and impairment
At 01 June 2022
14,715
3,320
11,395
-
Charge for year
13,055
1,660
11,395
-
At 31 May 2023
27,770
4,980
22,790
-
At 31 May 2023
Net book value
30,000
22,789
1,652
54,441
At 31 May 2022
30,000
34,184
3,312
67,496
3. Trade and other receivables
2022
2023
£
£
Trade debtors
2,000
6,400
Other debtors
-
727
7,127
2,000
4. Financial instruments at fair value
2022
2023
£
£
Other investments
6,228
4,728
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Taxation and social security
6,566
746
Other creditors
89,737
110,885
96,303
111,631
6. Average number of persons employed
During the year the average number of employees was 2 (2022 : 2)
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