Swegon Service Ltd 03443661 true 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is that of a dormant company. Digita Accounts Production Advanced 6.30.9574.0 true Mr A McKay Mr A Ö Wellstam Mr R Vollert Mr C Olin false true 03443661 2023-01-01 2023-12-31 03443661 2023-12-31 03443661 bus:OrdinaryShareClass1 2023-12-31 03443661 core:RetainedEarningsAccumulatedLosses 2023-12-31 03443661 core:ShareCapital 2023-12-31 03443661 bus:FRS102 2023-01-01 2023-12-31 03443661 bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 03443661 bus:FullAccounts 2023-01-01 2023-12-31 03443661 bus:RegisteredOffice 2023-01-01 2023-12-31 03443661 bus:Director1 2023-01-01 2023-12-31 03443661 bus:Director2 2023-01-01 2023-12-31 03443661 bus:Director3 2023-01-01 2023-12-31 03443661 bus:Director4 2023-01-01 2023-12-31 03443661 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 03443661 bus:EntityNoLongerTradingButTradedInPast 2023-01-01 2023-12-31 03443661 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 03443661 core:FurnitureFittings 2023-01-01 2023-12-31 03443661 core:LandBuildings 2023-01-01 2023-12-31 03443661 core:OfficeEquipment 2023-01-01 2023-12-31 03443661 1 2023-01-01 2023-12-31 03443661 countries:EnglandWales 2023-01-01 2023-12-31 03443661 2022-12-31 03443661 bus:OrdinaryShareClass1 2022-12-31 03443661 core:RetainedEarningsAccumulatedLosses 2022-12-31 03443661 core:ShareCapital 2022-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 03443661

Swegon Service Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2023

 

Swegon Service Ltd

(Registration number: 03443661)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Current assets

 

Cash at bank and in hand

 

317

317

Capital and reserves

 

Called up share capital

4

1

1

Retained earnings

316

316

Shareholders' funds

 

317

317

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 6 September 2024 and signed on its behalf by:
 

.........................................
Mr A McKay
Director

 

Swegon Service Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Swegon
Stourbridge Road
Bridgnorth
Shropshire
WV15 5BB

These financial statements were authorised for issue by the Board on 6 September 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland and the Companies Act 2006'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Depreciation

Asset class

Depreciation method and rate

Long leasehold property

20% straight line

Fixtures and fittings

25% straight line

Equipment

25% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Swegon Service Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

3

Cash and cash equivalents

2023
£

2022
£

Cash on hand

317

317

4

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Ordinary shares of £1 each

1

1

1

1

       

5

Parent and ultimate parent undertaking

The company's immediate parent is Swegon Limited, incorporated in England and Wales.

 The ultimate parent is Investment AB Latour, incorporated in Sweden.

 The most senior parent entity producing publicly available financial statements is Investment AB Latour. These financial statements are available upon request from J A Wettergrens gata 7, Box 336SE-401 25, Gothenburg, Sweden