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Company Registration No. 12490992 (England and Wales)
SWS FINANCIAL SERVICES LTD Unaudited accounts for the year ended 31 March 2024
SWS FINANCIAL SERVICES LTD Unaudited accounts Contents
Page
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SWS FINANCIAL SERVICES LTD Company Information for the year ended 31 March 2024
Director
SEALBY, Scott William
Company Number
12490992 (England and Wales)
Registered Office
WARREN PLACE BIRCH VALE COBHAM SURREY KT11 2PX UNITED KINGDOM
Accountants
Lateral Accounting Ltd 2 Chestnut Road Kingston Upon Thames KT2 5AP
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SWS FINANCIAL SERVICES LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,902 
2,544 
Current assets
Debtors
57,091 
41,386 
Cash at bank and in hand
32,368 
15,791 
89,459 
57,177 
Creditors: amounts falling due within one year
(45,877)
(47,451)
Net current assets
43,582 
9,726 
Net assets
45,484 
12,270 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
45,384 
12,170 
Shareholders' funds
45,484 
12,270 
For the year ending 31 March 2024 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 31 March 2024 and were signed on its behalf by
SEALBY, Scott William Director Company Registration No. 12490992
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SWS FINANCIAL SERVICES LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
SWS FINANCIAL SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 12490992. The registered office is WARREN PLACE, BIRCH VALE, COBHAM, SURREY, KT11 2PX, 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:
Plant & machinery
25% Straight line method
Fixtures & fittings
25% Straight line method
Computer equipment
33% Straight line method
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
556 
275 
4,363 
5,194 
Additions
- 
- 
1,178 
1,178 
At 31 March 2024
556 
275 
5,541 
6,372 
Depreciation
At 1 April 2023
76 
275 
2,299 
2,650 
Charge for the year
127 
- 
1,693 
1,820 
At 31 March 2024
203 
275 
3,992 
4,470 
Net book value
At 31 March 2024
353 
- 
1,549 
1,902 
At 31 March 2023
480 
- 
2,064 
2,544 
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SWS FINANCIAL SERVICES LTD Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
45,501 
41,386 
Accrued income and prepayments
11,490 
- 
Other debtors
100 
- 
57,091 
41,386 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
511 
- 
Taxes and social security
22,696 
1,872 
Loans from directors
22,670 
44,799 
Accruals
- 
780 
45,877 
47,451 
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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