Company Registration No. 15040681 (England and Wales)
SWAINS LOGISTICS & DISTRIBUTION LTD
Unaudited accounts
for the period from 31 July 2023 to 31 July 2024
SWAINS LOGISTICS & DISTRIBUTION LTD
Unaudited accounts
Contents
SWAINS LOGISTICS & DISTRIBUTION LTD
Company Information
for the period from 31 July 2023 to 31 July 2024
Company Number
15040681 (England and Wales)
Registered Office
8 Jefferson House
Giles Crescent
Stevenage
SG1 4GT
England
SWAINS LOGISTICS & DISTRIBUTION LTD
Statement of financial position
as at 31 July 2024
Cash at bank and in hand
3,385
Creditors: amounts falling due within one year
(15,166)
Net current liabilities
(7,772)
Total assets less current liabilities
5,462
Creditors: amounts falling due after more than one year
(4,989)
Profit and loss account
473
For the period ending 31 July 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 8 October 2024 and were signed on its behalf by
Daniel Swain
Director
Company Registration No. 15040681
SWAINS LOGISTICS & DISTRIBUTION LTD
Notes to the Accounts
for the period from 31 July 2023 to 31 July 2024
SWAINS LOGISTICS & DISTRIBUTION LTD is a private company, limited by shares, registered in England and Wales, registration number 15040681. The registered office is 8 Jefferson House, Giles Crescent, Stevenage, SG1 4GT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Motor vehicles
Charge for the period
4,411
Amounts falling due within one year
SWAINS LOGISTICS & DISTRIBUTION LTD
Notes to the Accounts
for the period from 31 July 2023 to 31 July 2024
6
Creditors: amounts falling due within one year
2024
Bank loans and overdrafts
7,200
Obligations under finance leases and hire purchase contracts
2,395
7
Creditors: amounts falling due after more than one year
2024
Obligations under finance leases and hire purchase contracts
4,989
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loans to directors
-
(12,130)
(14,100)
1,970
9
Average number of employees
During the period the average number of employees was 1.