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Company Registration No. 10424006 (England and Wales)
SWANFORD LETTINGS LTD Unaudited accounts for the year ended 31 October 2023
SWANFORD LETTINGS LTD Unaudited accounts Contents
Page
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SWANFORD LETTINGS LTD Company Information for the year ended 31 October 2023
Directors
Jagtar Singh Dhindsa Robert Dunnett
Company Number
10424006 (England and Wales)
Registered Office
52 Cassiobury Drive Watford Hertfordshire WD17 3AE England
Accountants
QUALIFIED ACCOUNTANTS LIMITED 89 Oakfield Road Southgate London N14 6LT
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SWANFORD LETTINGS LTD Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
370 
463 
Investment property
165,266 
165,266 
165,636 
165,729 
Current assets
Debtors
3,932 
- 
Cash at bank and in hand
2,210 
9,012 
6,142 
9,012 
Creditors: amounts falling due within one year
(4,392)
(10,033)
Net current assets/(liabilities)
1,750 
(1,021)
Total assets less current liabilities
167,386 
164,708 
Creditors: amounts falling due after more than one year
(160,363)
(160,363)
Net assets
7,023 
4,345 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
6,923 
4,245 
Shareholders' funds
7,023 
4,345 
For the year ending 31 October 2023 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 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 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 of Directors and authorised for issue on 23 October 2024 and were signed on its behalf by
Jagtar Singh Dhindsa Director Company Registration No. 10424006
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SWANFORD LETTINGS LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
SWANFORD LETTINGS LTD is a private company, limited by shares, registered in England and Wales, registration number 10424006. The registered office is 52 Cassiobury Drive, Watford, Hertfordshire, WD17 3AE, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 November 2022
579 
At 31 October 2023
579 
Depreciation
At 1 November 2022
116 
Charge for the year
93 
At 31 October 2023
209 
Net book value
At 31 October 2023
370 
At 31 October 2022
463 
5
Investment property
2023 
£ 
Fair value at 1 November 2022
165,266 
At 31 October 2023
165,266 
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SWANFORD LETTINGS LTD Notes to the Accounts for the year ended 31 October 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
3,932 
- 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
910 
260 
Other creditors
2,902 
2,902 
Loans from directors
- 
6,471 
Accruals
580 
400 
4,392 
10,033 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
160,363 
160,363 
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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