Company Registration No. 10251931 (England and Wales)
No Sweat Ethical Trading Limited
Unaudited accounts
for the year ended 30 June 2024
No Sweat Ethical Trading Limited
Unaudited accounts
Contents
No Sweat Ethical Trading Limited
Company Information
for the year ended 30 June 2024
Company Number
10251931 (England and Wales)
Registered Office
5 Caledonian Road
London
N1 9DX
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
No Sweat Ethical Trading Limited
Statement of financial position
as at 30 June 2024
Cash at bank and in hand
18,754
20,659
Creditors: amounts falling due within one year
(42,635)
(41,351)
Net current assets
7,756
8,314
Total assets less current liabilities
7,795
8,360
Creditors: amounts falling due after more than one year
(2,618)
(4,654)
Profit and loss account
5,177
3,706
Shareholders' funds
5,177
3,706
For the year ending 30 June 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 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 27 July 2024 and were signed on its behalf by
J Kerr
Director
Company Registration No. 10251931
No Sweat Ethical Trading Limited
Notes to the Accounts
for the year ended 30 June 2024
No Sweat Ethical Trading Limited is a private company, limited by shares, registered in England and Wales, registration number 10251931. The registered office is 5 Caledonian Road, London, N1 9DX.
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:
Fixtures & fittings
15% reducing balance
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
No Sweat Ethical Trading Limited
Notes to the Accounts
for the year ended 30 June 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
2,037
1,987
Other creditors
20,000
20,000
Loans from directors
20,061
15,033
7
Creditors: amounts falling due after more than one year
2024
2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan Account
(15,033)
(5,607)
(579)
(20,061)
(15,033)
(5,607)
(579)
(20,061)
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).