SWAN BOAT BUILDERS LIMITED

Company Registration Number:
10914799 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 1 September 2023

End date: 31 August 2024

SWAN BOAT BUILDERS LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

SWAN BOAT BUILDERS LIMITED

Directors' report period ended 31 August 2024

The directors present their report with the financial statements of the company for the period ended 31 August 2024

Principal activities of the company

The principal activities of the company during the period under review were and continue to be canal boat building.



Directors

The directors shown below have held office during the whole of the period from
1 September 2023 to 31 August 2024

Ian Kinvig
Emma McAdam


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
13 September 2024

And signed on behalf of the board by:
Name: Ian Kinvig
Status: Director

SWAN BOAT BUILDERS LIMITED

Profit And Loss Account

for the Period Ended 31 August 2024

2024 2023


£

£
Turnover: 1,232,050 1,180,628
Cost of sales: ( 712,808 ) ( 693,181 )
Gross profit(or loss): 519,242 487,447
Administrative expenses: ( 519,164 ) ( 486,874 )
Operating profit(or loss): 78 573
Profit(or loss) before tax: 78 573
Profit(or loss) for the financial year: 78 573

SWAN BOAT BUILDERS LIMITED

Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 9,904 9,904
Total fixed assets: 9,904 9,904
Current assets
Debtors: 4 75,000
Cash at bank and in hand: 86,693 163,279
Total current assets: 161,693 163,279
Creditors: amounts falling due within one year: 5 ( 67,164 ) ( 64,954 )
Net current assets (liabilities): 94,529 98,325
Total assets less current liabilities: 104,433 108,229
Creditors: amounts falling due after more than one year: 6 ( 17,467 ) ( 21,341 )
Total net assets (liabilities): 86,966 86,888
Capital and reserves
Called up share capital: 86,888 86,315
Profit and loss account: 78 573
Total Shareholders' funds: 86,966 86,888

The notes form part of these financial statements

SWAN BOAT BUILDERS LIMITED

Balance sheet statements

For the year ending 31 August 2024 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.

This report was approved by the board of directors on 13 September 2024
and signed on behalf of the board by:

Name: Ian Kinvig
Status: Director

The notes form part of these financial statements

SWAN BOAT BUILDERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

SWAN BOAT BUILDERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 8 8

SWAN BOAT BUILDERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2023 9,904 9,904
Additions
Disposals
Revaluations
Transfers
At 31 August 2024 9,904 9,904
Depreciation
At 1 September 2023
Charge for year
On disposals
Other adjustments
At 31 August 2024
Net book value
At 31 August 2024 9,904 9,904
At 31 August 2023 9,904 9,904

SWAN BOAT BUILDERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Debtors

2024 2023
£ £
Trade debtors 75,000
Total 75,000

SWAN BOAT BUILDERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 67,164 64,954
Total 67,164 64,954

Other Creditor - Directors Loan

SWAN BOAT BUILDERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

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

2024 2023
£ £
Bank loans and overdrafts 17,467 21,341
Total 17,467 21,341