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
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
SWS FINANCIAL SERVICES LTD
Statement of financial position
as at 31 March 2024
Tangible assets
1,902
2,544
Cash at bank and in hand
32,368
15,791
Creditors: amounts falling due within one year
(45,877)
(47,451)
Net current assets
43,582
9,726
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
SWS FINANCIAL SERVICES LTD
Notes to the Accounts
for the year ended 31 March 2024
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.
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% 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
At 31 March 2024
556
275
5,541
6,372
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
At 31 March 2024
353
-
1,549
1,902
At 31 March 2023
480
-
2,064
2,544
SWS FINANCIAL SERVICES LTD
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Amounts due from group undertakings etc.
45,501
41,386
Accrued income and prepayments
11,490
-
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
22,696
1,872
Loans from directors
22,670
44,799
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Average number of employees
During the year the average number of employees was 3 (2023: 3).