Company Registration No. 08630159 (England and Wales)
SWFR LTD
Unaudited accounts
for the year ended 30 July 2023
SWFR LTD
Unaudited accounts
Contents
SWFR LTD
Company Information
for the year ended 30 July 2023
Company Number
08630159 (England and Wales)
Registered Office
34 WESTVIEW DRIVE
WOODFORD GREEN
ESSEX
IG8 8LU
SWFR LTD
Statement of financial position
as at 30 July 2023
Tangible assets
54,611
24,703
Cash at bank and in hand
12,694
26,188
Creditors: amounts falling due within one year
(13,480)
(25,828)
Net current (liabilities)/assets
(786)
11,300
Total assets less current liabilities
53,825
36,003
Creditors: amounts falling due after more than one year
-
2,750
Called up share capital
1
1
Capital contribution reserve
669
669
Profit and loss account
53,155
38,083
Shareholders' funds
53,825
38,753
For the year ending 30 July 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 her 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 5 April 2024 and were signed on its behalf by
G T K Ogunade
Director
Company Registration No. 08630159
SWFR LTD
Notes to the Accounts
for the year ended 30 July 2023
SWFR LTD is a private company, limited by shares, registered in England and Wales, registration number 08630159. The registered office is 34 WESTVIEW DRIVE, WOODFORD GREEN, ESSEX, IG8 8LU.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 31 July 2022
22,268
2,435
24,703
At 30 July 2023
64,268
2,435
66,703
Charge for the year
12,092
-
12,092
At 30 July 2023
12,092
-
12,092
At 30 July 2023
52,176
2,435
54,611
At 30 July 2022
22,268
2,435
24,703
Amounts falling due after more than one year
SWFR LTD
Notes to the Accounts
for the year ended 30 July 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
13,480
17,852
Taxes and social security
-
5,487
Proposed dividends
-
20,000
Loans from directors
-
(20,261)
Creditors Balance also include £17,852.12 (Original value was £40,000)
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).