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Company Registration No. 8560047 (England and Wales)
Swansea Bay Street Markets Ltd Unaudited accounts for the year ended 30 June 2023
Swansea Bay Street Markets Ltd Unaudited accounts Contents
Page
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Swansea Bay Street Markets Ltd Company Information for the year ended 30 June 2023
Directors
Dr B J Reynolds Mr G Gibson Tara Julia Tarapetian
Secretary
Dr B J Reynolds
Company Number
8560047 (England and Wales)
Registered Office
The Engine Room@HQ Llys Glas Alexandra Road Swansea SA1 5AJ
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Swansea Bay Street Markets Ltd Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
2,657 
- 
Cash at bank and in hand
3,352 
3,134 
6,009 
3,134 
Creditors: amounts falling due within one year
(12,818)
(3,972)
Net current liabilities
(6,809)
(838)
Net liabilities
(6,809)
(838)
Capital and reserves
Profit and loss account
(6,809)
(838)
Shareholders' funds
(6,809)
(838)
For the year ending 30 June 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 11 March 2024 and were signed on its behalf by
Dr B J Reynolds Director Company Registration No. 8560047
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Swansea Bay Street Markets Ltd Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
Swansea Bay Street Markets Ltd is a private company, limited by shares, registered in England and Wales, registration number 8560047. The registered office is The Engine Room@HQ, Llys Glas Alexandra Road, Swansea, SA1 5AJ.
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.
Turnover
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:
Fixtures & fittings
15% on cost
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 July 2022
148 
At 30 June 2023
148 
Depreciation
At 1 July 2022
148 
At 30 June 2023
148 
Net book value
At 30 June 2023
- 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,657 
- 
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Swansea Bay Street Markets Ltd Notes to the Accounts for the year ended 30 June 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
3,158 
- 
Trade creditors
9,660 
3,972 
12,818 
3,972 
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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