Silverfin false false 31/03/2024 01/04/2023 31/03/2024 R Sweetlove 24/03/2017 07 June 2024 The principal activity of the Company during the financial year was telecommunications consultancy. 10689609 2024-03-31 10689609 bus:Director1 2024-03-31 10689609 2023-03-31 10689609 core:CurrentFinancialInstruments 2024-03-31 10689609 core:CurrentFinancialInstruments 2023-03-31 10689609 core:ShareCapital 2024-03-31 10689609 core:ShareCapital 2023-03-31 10689609 core:RetainedEarningsAccumulatedLosses 2024-03-31 10689609 core:RetainedEarningsAccumulatedLosses 2023-03-31 10689609 core:OtherPropertyPlantEquipment 2023-03-31 10689609 core:OtherPropertyPlantEquipment 2024-03-31 10689609 2023-04-01 2024-03-31 10689609 bus:FilletedAccounts 2023-04-01 2024-03-31 10689609 bus:SmallEntities 2023-04-01 2024-03-31 10689609 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 10689609 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10689609 bus:Director1 2023-04-01 2024-03-31 10689609 core:OtherPropertyPlantEquipment 2023-04-01 2024-03-31 10689609 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Company No: 10689609 (England and Wales)

SWEETCOM LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2024
Pages for filing with the registrar

SWEETCOM LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2024

Contents

SWEETCOM LIMITED

BALANCE SHEET

As at 31 March 2024
SWEETCOM LIMITED

BALANCE SHEET (continued)

As at 31 March 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 3,366 2,484
3,366 2,484
Current assets
Debtors 4 8,284 19,862
Cash at bank and in hand 41,707 25,988
49,991 45,850
Creditors: amounts falling due within one year 5 ( 25,220) ( 27,481)
Net current assets 24,771 18,369
Total assets less current liabilities 28,137 20,853
Net assets 28,137 20,853
Capital and reserves
Called-up share capital 100 100
Profit and loss account 28,037 20,753
Total shareholders' funds 28,137 20,853

For the financial 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.

Director's responsibilities:

The financial statements of Sweetcom Limited (registered number: 10689609) were approved and authorised for issue by the Director on 07 June 2024. They were signed on its behalf by:

R Sweetlove
Director
SWEETCOM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
SWEETCOM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Sweetcom Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 2 Kingsbridge Road, Poole, BH14 8TN, England, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Plant and machinery etc. 20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Tangible assets

Plant and machinery etc. Total
£ £
Cost
At 01 April 2023 3,423 3,423
Additions 1,512 1,512
At 31 March 2024 4,935 4,935
Accumulated depreciation
At 01 April 2023 939 939
Charge for the financial year 630 630
At 31 March 2024 1,569 1,569
Net book value
At 31 March 2024 3,366 3,366
At 31 March 2023 2,484 2,484

4. Debtors

2024 2023
£ £
Trade debtors 8,284 11,362
Other debtors 0 8,500
8,284 19,862

5. Creditors: amounts falling due within one year

2024 2023
£ £
Taxation and social security 20,604 20,431
Other creditors 4,616 7,050
25,220 27,481