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Company Registration No. 8065190 (England and Wales)
SWADESH ENTERPRISES LTD Unaudited accounts for the period from 1 June 2022 to 24 May 2023
SWADESH ENTERPRISES LTD Unaudited accounts Contents
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SWADESH ENTERPRISES LTD Company Information for the period from 1 June 2022 to 24 May 2023
Director
Anil Sahni
Company Number
8065190 (England and Wales)
Registered Office
22 PENRHYN AVENUE CHEADLE HULME CHEADLE SK8 6BY ENGLAND
Accountants
AY Accountants LLP 2nd floor, 6 Oxford street Bolton Greater Manchester BL1 1RF
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SWADESH ENTERPRISES LTD Statement of financial position as at 24 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
422 
644 
Current assets
Inventories
276 
276 
Debtors
3,091 
36,830 
Cash at bank and in hand
6,699 
10,841 
10,066 
47,947 
Creditors: amounts falling due within one year
(43,804)
(53,725)
Net current liabilities
(33,738)
(5,778)
Total assets less current liabilities
(33,316)
(5,134)
Creditors: amounts falling due after more than one year
(5,187)
(19,791)
Net liabilities
(38,503)
(24,925)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(38,504)
(24,926)
Shareholders' funds
(38,503)
(24,925)
For the period ending 24 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 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 22 February 2024 and were signed on its behalf by
Anil Sahni Director Company Registration No. 8065190
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SWADESH ENTERPRISES LTD Notes to the Accounts for the period from 1 June 2022 to 24 May 2023
1
Statutory information
SWADESH ENTERPRISES LTD is a private company, limited by shares, registered in England and Wales, registration number 8065190. The registered office is 22 PENRHYN AVENUE, CHEADLE HULME, CHEADLE, SK8 6BY, ENGLAND.
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 period, 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:
Computer equipment
20% Straight line method
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2022
1,580 
At 24 May 2023
1,580 
Depreciation
At 1 June 2022
936 
Charge for the period
222 
At 24 May 2023
1,158 
Net book value
At 24 May 2023
422 
At 31 May 2022
644 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,091 
36,830 
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SWADESH ENTERPRISES LTD Notes to the Accounts for the period from 1 June 2022 to 24 May 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
6,250 
6,250 
VAT
2,365 
- 
Trade creditors
- 
335 
Other creditors
- 
884 
Loans from directors
34,589 
45,506 
Accruals
600 
750 
43,804 
53,725 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
5,187 
- 
Trade creditors
- 
19,791 
5,187 
19,791 
8
Average number of employees
During the period the average number of employees was 2 (2022: 2).
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