SPECIALISED WELDING SERVICES LTD

Company Registration Number:
04965711 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

SPECIALISED WELDING SERVICES LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

SPECIALISED WELDING SERVICES LTD

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 247,350 288,825
Investments: 4 1 1
Total fixed assets: 247,351 288,826
Current assets
Stocks: 6,712 6,133
Debtors:   418,041 312,366
Cash at bank and in hand: 108,304 121,309
Total current assets: 533,057 439,808
Creditors: amounts falling due within one year:   (246,237) (250,018)
Net current assets (liabilities): 286,820 189,790
Total assets less current liabilities: 534,171 478,616
Creditors: amounts falling due after more than one year:   (103,797) (119,940)
Provision for liabilities: (24,471) (24,471)
Total net assets (liabilities): 405,903 334,205
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 405,803 334,105
Shareholders funds: 405,903 334,205

The notes form part of these financial statements

SPECIALISED WELDING SERVICES LTD

Balance sheet statements

For the year ending 31 March 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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

This report was approved by the board of directors on 06 August 2024
and signed on behalf of the board by:

Name: Mr M R Jones
Status: Director

The notes form part of these financial statements

SPECIALISED WELDING SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

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

SPECIALISED WELDING SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 6 10

SPECIALISED WELDING SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 916,224
Additions 4,941
At 31 March 2024 921,165
Depreciation
At 01 April 2023 627,399
Charge for year 46,416
At 31 March 2024 673,815
Net book value
At 31 March 2024 247,350
At 31 March 2023 288,825

SPECIALISED WELDING SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Fixed investments

Share in SWS Property Investments Ltd