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REGISTERED NUMBER: 01324942 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

SWIFTBOURNE LIMITED

SWIFTBOURNE LIMITED (REGISTERED NUMBER: 01324942)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SWIFTBOURNE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: C A Smith





SECRETARY: Mrs N M Smith





REGISTERED OFFICE: 3 Acer Close
Frogmore
St. Albans
AL2 2FS





REGISTERED NUMBER: 01324942 (England and Wales)





ACCOUNTANTS: MGR SD Limited
Chartered Accountants
55 Loudoun Road
London
NW8 0DL

SWIFTBOURNE LIMITED (REGISTERED NUMBER: 01324942)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 19,731 19,844

CURRENT ASSETS
Debtors 5 - 2,518
Cash at bank 110,219 52,969
110,219 55,487
CREDITORS
Amounts falling due within one year 6 (26,513 ) (22,323 )
NET CURRENT ASSETS 83,706 33,164
TOTAL ASSETS LESS CURRENT LIABILITIES 103,437 53,008

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 103,337 52,908
SHAREHOLDERS' FUNDS 103,437 53,008

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 October 2024 and were signed by:




C A Smith - Director


SWIFTBOURNE LIMITED (REGISTERED NUMBER: 01324942)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Swiftbourne 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 represents income received in relation to management fees.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - not provided
Long leasehold - not provided
Fixtures and fittings - 25% on reducing balance

It is the company's practice to maintain its properties in a continual state of sound repair and make improvements thereto from time to time. Accordingly the director considers that the life of these assets is so long and the residual value so high that it's depreciation is insignificant.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Long and
property leasehold fittings Totals
£    £    £    £   
COST
At 1 January 2023
and 31 December 2023 4,723 14,671 8,893 28,287
DEPRECIATION
At 1 January 2023 - - 8,443 8,443
Charge for year - - 113 113
At 31 December 2023 - - 8,556 8,556
NET BOOK VALUE
At 31 December 2023 4,723 14,671 337 19,731
At 31 December 2022 4,723 14,671 450 19,844

SWIFTBOURNE LIMITED (REGISTERED NUMBER: 01324942)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors - 2,518

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 1,436 1,029
Taxation and social security 12,795 4,414
Other creditors 12,282 16,880
26,513 22,323

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Ordinary £1 100 100

8. TRANSACTIONS WITH DIRECTORS

Included in accountancy fees is an amount of £2,200 (2022 £2,200) payable to C A Smith.