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REGISTERED NUMBER: 13198149 (England and Wales)















Financial Statements for the Period 1 March 2023 to 31 March 2024

for

White Swan (London) Limited

White Swan (London) Limited (Registered number: 13198149)






Contents of the Financial Statements
for the Period 1 March 2023 to 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


White Swan (London) Limited

Company Information
for the Period 1 March 2023 to 31 March 2024







DIRECTOR: Mrs J A Wellman





REGISTERED OFFICE: 21-23 Alie Street
Aldgate East
London
E1 8DA





REGISTERED NUMBER: 13198149 (England and Wales)





ACCOUNTANTS: A.K & Co (Accountancy Services) Ltd
19 Victoria Terrace
Hove
East Sussex
BN3 2WB

White Swan (London) Limited (Registered number: 13198149)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,932 30,396

CURRENT ASSETS
Stocks 16,307 15,696
Debtors 5 11,146 11,583
Cash at bank and in hand 102,608 67,626
130,061 94,905
CREDITORS
Amounts falling due within one year 6 55,438 131,847
NET CURRENT ASSETS/(LIABILITIES) 74,623 (36,942 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

90,555

(6,546

)

PROVISIONS FOR LIABILITIES 3,027 -
NET ASSETS/(LIABILITIES) 87,528 (6,546 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 87,428 (6,646 )
87,528 (6,546 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

White Swan (London) Limited (Registered number: 13198149)

Balance Sheet - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 October 2024 and were signed by:





Mrs J A Wellman - Director


White Swan (London) Limited (Registered number: 13198149)

Notes to the Financial Statements
for the Period 1 March 2023 to 31 March 2024

1. STATUTORY INFORMATION

White Swan (London) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 7 (2023 - 7 ) .

White Swan (London) Limited (Registered number: 13198149)

Notes to the Financial Statements - continued
for the Period 1 March 2023 to 31 March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 March 2023 26,910 28,868 1,757 57,535
Additions 554 778 - 1,332
At 31 March 2024 27,464 29,646 1,757 58,867
DEPRECIATION
At 1 March 2023 11,826 14,434 879 27,139
Charge for period 7,404 7,916 476 15,796
At 31 March 2024 19,230 22,350 1,355 42,935
NET BOOK VALUE
At 31 March 2024 8,234 7,296 402 15,932
At 28 February 2023 15,084 14,434 878 30,396

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 6,988 6,050
Directors' current accounts - 4,478
Prepayments 4,158 1,055
11,146 11,583

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 13,061 17,266
Tax 1,827 -
Social security and other taxes 2,264 2,563
Pension Payable 270 (220 )
VAT 15,149 10,894
Intercompany 21,756 98,910
Other creditors 460 -
Directors' current accounts 4 -
Accrued expenses 647 2,434
55,438 131,847

White Swan (London) Limited (Registered number: 13198149)

Notes to the Financial Statements - continued
for the Period 1 March 2023 to 31 March 2024

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 March 2024 and the year ended 28 February 2023:

2024 2023
£    £   
Mrs J A Wellman
Balance outstanding at start of period 4,478 2,208
Amounts advanced 1,174 14,661
Amounts repaid (5,656 ) (12,391 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period (4 ) 4,478

8. RELATED PARTY DISCLOSURES

Included in other creditors is an amount owed to Wellman Taverns Limited of £21,989 (2023: £22,204)

Included in other creditors is an amount owed from Spanish Galleon Limited of £-233 (2023: £0)

Mr and Mrs Wellman are the directors and shareholder of all companies.