Company Registration No. 07241917 (England and Wales)
KWIK SWEEP LIMITED
Unaudited accounts
for the year ended 30 April 2023
KWIK SWEEP LIMITED
Unaudited accounts
Contents
KWIK SWEEP LIMITED
Company Information
for the year ended 30 April 2023
Directors
Earl Mensah
Olajide Lawal
Company Number
07241917 (England and Wales)
Registered Office
45 Barrett House
4 Victoria Road
London
NW6 6QG
United Kingdom
Accountants
Ratnam Accountants
203 Kilburn High Road
London
NW6 7HY
KWIK SWEEP LIMITED
Statement of financial position
as at 30 April 2023
Tangible assets
31,647
28,139
Cash at bank and in hand
83,375
98,535
Creditors: amounts falling due within one year
(116,307)
(92,925)
Net current (liabilities)/assets
(26,138)
17,990
Called up share capital
100
100
Profit and loss account
5,409
46,029
Shareholders' funds
5,509
46,129
For the year ending 30 April 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 8 February 2024 and were signed on its behalf by
Earl Mensah
Director
Company Registration No. 07241917
KWIK SWEEP LIMITED
Notes to the Accounts
for the year ended 30 April 2023
KWIK SWEEP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07241917. The registered office is 45 Barrett House, 4 Victoria Road, London, NW6 6QG, 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.
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:
Plant & machinery
25% reducing balance
Motor vehicles
20% reducing balance
Computer equipment
20% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2022
1,000
49,739
8,024
58,763
Additions
-
12,000
553
12,553
At 30 April 2023
1,000
61,739
8,577
71,316
At 1 May 2022
1,000
22,733
6,891
30,624
Charge for the year
-
7,801
1,244
9,045
At 30 April 2023
1,000
30,534
8,135
39,669
At 30 April 2023
-
31,205
442
31,647
At 30 April 2022
-
27,006
1,133
28,139
Amounts falling due within one year
Trade debtors
6,794
12,380
KWIK SWEEP LIMITED
Notes to the Accounts
for the year ended 30 April 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
176
Other creditors
2,308
2,854
Loans from directors
101,999
81,448
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Average number of employees
During the year the average number of employees was 2 (2022: 2).