SWEET MARKETING LTD

Company Registration Number:
09329633 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 1 December 2022

End date: 30 November 2023

SWEET MARKETING LTD

Contents of the Financial Statements

for the Period Ended 30 November 2023

Balance sheet
Additional notes
Balance sheet notes

SWEET MARKETING LTD

Balance sheet

As at 30 November 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 652,994 8,166
Total fixed assets: 652,994 8,166
Current assets
Debtors: 4 92,415 112,646
Cash at bank and in hand: 104,657 45,123
Total current assets: 197,072 157,769
Creditors: amounts falling due within one year: 5 ( 77,043 ) ( 94,391 )
Net current assets (liabilities): 120,029 63,378
Total assets less current liabilities: 773,023 71,544
Creditors: amounts falling due after more than one year: 6 ( 654,593 )
Provision for liabilities: ( 1,552 ) ( 1,552 )
Total net assets (liabilities): 116,878 69,992
Capital and reserves
Called up share capital: 10 10
Profit and loss account: 116,868 69,982
Total Shareholders' funds: 116,878 69,992

The notes form part of these financial statements

SWEET MARKETING LTD

Balance sheet statements

For the year ending 30 November 2023 the company was entitled to exemption 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 27 August 2024
and signed on behalf of the board by:

Name: A Frost
Status: Director

The notes form part of these financial statements

SWEET MARKETING LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax. Revenue from the sale of goods and services is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods or completion of contract; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

    Tangible fixed assets depreciation policy

    Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount. Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows: Plant and machinery 25% straight line

SWEET MARKETING LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 8 8

SWEET MARKETING LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2022 0 30,227 30,227
Additions 649,191 649,191
Disposals
Revaluations
Transfers
At 30 November 2023 649,191 30,227 679,418
Depreciation
At 1 December 2022 22,061 22,061
Charge for year 4,363 4,363
On disposals
Other adjustments
At 30 November 2023 26,424 26,424
Net book value
At 30 November 2023 649,191 3,803 652,994
At 30 November 2022 0 8,166 8,166

SWEET MARKETING LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Debtors

2023 2022
£ £
Trade debtors 61,091 71,258
Other debtors 31,324 41,388
Total 92,415 112,646

SWEET MARKETING LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 11,392 5,823
Taxation and social security 27,886 59,023
Other creditors 37,765 29,545
Total 77,043 94,391

SWEET MARKETING LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

6. Creditors: amounts falling due after more than one year note

2023
£
Other creditors 654,593
Total 654,593