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REGISTERED NUMBER: 08247354 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

SWR Trading Services Limited

SWR Trading Services Limited (Registered number: 08247354)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SWR Trading Services Limited

Company Information
for the Year Ended 31 October 2023







DIRECTOR: S W Rain





SECRETARY:





REGISTERED OFFICE: The Garden House
Heddon House Lane
Heddon on the Wall
Newcastle
NE15 0JR





REGISTERED NUMBER: 08247354 (England and Wales)





ACCOUNTANTS: Calderbrook House Ltd
Trent Industrial Estate
Shaw
Oldham
Greater Manchester
OL2 7UT

SWR Trading Services Limited (Registered number: 08247354)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 35,045 6,229

CURRENT ASSETS
Debtors 5 18,011 21,285
Cash at bank and in hand 67,663 28,012
85,674 49,297
CREDITORS
Amounts falling due within one year 6 29,031 28,134
NET CURRENT ASSETS 56,643 21,163
TOTAL ASSETS LESS CURRENT
LIABILITIES

91,688

27,392

CREDITORS
Amounts falling due after more than one year 7 6,004 10,541
NET ASSETS 85,684 16,851

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 85,584 16,751
85,684 16,851

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 July 2024 and were signed by:





S W Rain - Director


SWR Trading Services Limited (Registered number: 08247354)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

SWR Trading Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022 11,112
Additions 35,000
At 31 October 2023 46,112
DEPRECIATION
At 1 November 2022 4,883
Charge for year 6,184
At 31 October 2023 11,067
NET BOOK VALUE
At 31 October 2023 35,045
At 31 October 2022 6,229

SWR Trading Services Limited (Registered number: 08247354)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 1,250 6,250
Other debtors 16,761 15,035
18,011 21,285

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 4,600 4,600
Trade creditors 554 2,330
Taxation and social security 21,679 13,166
Other creditors 2,198 8,038
29,031 28,134

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans 6,004 10,541