Company Registration No. 13925040 (England and Wales)
SWANKYBEAR LTD
Unaudited accounts
for the year ended 29 February 2024
SWANKYBEAR LTD
Unaudited accounts
Contents
SWANKYBEAR LTD
Company Information
for the year ended 29 February 2024
Directors
J Dayment
A Jenkins
Company Number
13925040 (England and Wales)
Registered Office
48 Woolaston Avenue
Lakeside
Cardiff
CF23 6HA
Accountants
STAS Ltd
253 Cowbridge Road West
Cardiff
CF5 5TD
SWANKYBEAR LTD
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
36,968
19,415
Creditors: amounts falling due within one year
(25,609)
(8,107)
Net current assets
11,359
11,484
Called up share capital
2
2
Profit and loss account
12,158
11,848
Shareholders' funds
12,160
11,850
For the year ending 29 February 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 12 August 2024 and were signed on its behalf by
J Dayment
Director
Company Registration No. 13925040
SWANKYBEAR LTD
Notes to the Accounts
for the year ended 29 February 2024
SWANKYBEAR LTD is a private company, limited by shares, registered in England and Wales, registration number 13925040. The registered office is 48 Woolaston Avenue, Lakeside, Cardiff, CF23 6HA.
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.
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 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
3 years
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 29 February 2024
136
919
1,055
Charge for the year
16
205
221
At 29 February 2024
16
238
254
At 29 February 2024
120
681
801
At 28 February 2023
-
366
366
SWANKYBEAR LTD
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
5,249
3,747
Proposed dividends
20,000
-
Loans from directors
-
4,000
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).