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REGISTERED NUMBER: 13921347 (England and Wales)










Unaudited Financial Statements

for the Year Ended 29 February 2024

for

Switchboard Group Ltd

Switchboard Group Ltd (Registered number: 13921347)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Switchboard Group Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTORS: D Carlton
S Rahman





REGISTERED OFFICE: 2nd Floor
Melrose House
42 Dingwall Road
Croydon
Surrey
CR0 2NE





REGISTERED NUMBER: 13921347 (England and Wales)





ACCOUNTANTS: Ward Mackenzie Ltd
Chartered Accountants
Thatcher House
12 Mount Ephraim
Tunbridge Wells
Kent
TN4 8AS

Switchboard Group Ltd (Registered number: 13921347)

Balance Sheet
29 February 2024

2024 2023
Notes £    £   
FIXED ASSETS
Investments 4 600 600

CURRENT ASSETS
Debtors 5 2,400 2,400
Cash at bank 3,175 397
5,575 2,797
CREDITORS
Amounts falling due within one year 6 (3,425 ) (2,753 )
NET CURRENT ASSETS 2,150 44
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,750

644

CAPITAL AND RESERVES
Called up share capital 600 600
Retained earnings 8 2,150 44
SHAREHOLDERS' FUNDS 2,750 644

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Switchboard Group Ltd (Registered number: 13921347)

Balance Sheet - continued
29 February 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 November 2024 and were signed on its behalf by:





D Carlton - Director


Switchboard Group Ltd (Registered number: 13921347)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Switchboard Group Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

INVESTMENTS IN SUBSIDIARIES AND ASSOCIATES
Investments in subsidiary and associates undertakings are recognised at cost.

DEFERRED TAX
Deferred tax is not recognised in respect of all timing differences that have originated but not reversed at the balance sheet date as these are considered immaterial.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. FIXED ASSET INVESTMENTS
Unlisted
investments
£   
COST
At 1 March 2023
and 29 February 2024 600
NET BOOK VALUE
At 29 February 2024 600
At 28 February 2023 600

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Boiler Safe UK Limited
Registered office: 2nd Floor Melrose House, 42 Dingwall Road, Croydon, Surrey, United Kingdom, CR0 2NE
Nature of business: 33120 - Repair of machinery
%
Class of shares: holding
Ordinary Shares 100.00

Switchboard Group Ltd (Registered number: 13921347)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. FIXED ASSET INVESTMENTS - continued

UK Boiler Company Ltd
Registered office: 2nd Floor Melrose House, 42 Dingwall Road, Croydon, Surrey, England, CR0 2NE
Nature of business: 33120 - Repair of machinery
%
Class of shares: holding
Ordinary Shares 100.00

Appliance Sure Ltd
Registered office: 2nd Floor Melrose House, 42 Dingwall Road, Croydon, Surrey, England, CR0 2NE
Nature of business: 95220 - Repair of household appliances
%
Class of shares: holding
Ordinary Shares 100.00

Utility Switchboard Limited
Registered office: 2nd Floor Melrose House, 42 Dingwall Road, Croydon, Surrey, England, CR0 2NE
Nature of business: 96090 - Other service activities
%
Class of shares: holding
Ordinary Shares 100.00

Prestige VIP Ltd
Registered office: 2nd Floor Melrose House, 42 Dingwall Road, Croydon, United Kingdom, CR0 2NE
Nature of business: 93290 - Other amusement and recreation activities
%
Class of shares: holding
Ordinary Shares 100.00

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Directors' current accounts 2,400 2,400

The directors consider the carrying value of trade and other receivables approximate to their fair values.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other loans (see note 7) - 1,000
Accrued expenses 3,425 1,753
3,425 2,753

The directors consider the carrying amounts of current liabilities approximate to their fair values.

Switchboard Group Ltd (Registered number: 13921347)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

7. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Group undertaking loan - 1,000

8. RESERVES
Retained
earnings
£   

At 1 March 2023 44
Profit for the year 239,106
Dividends (237,000 )
At 29 February 2024 2,150

The Profit and loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholders. This is a distributable reserve.

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 29 February 2024 and the period ended 28 February 2023:

2024 2023
£    £   
D Carlton
Balance outstanding at start of year 1,200 -
Amounts advanced - 1,500
Amounts repaid - (300 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,200 1,200

S Rahman
Balance outstanding at start of year 1,200 -
Amounts advanced - 1,500
Amounts repaid - (300 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,200 1,200

The directors loan was fully repaid within 9 months.

Switchboard Group Ltd (Registered number: 13921347)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

10. RELATED PARTY DISCLOSURES

At the end of the year company owed Nil (2023 - £1,000) to UK Boiler Company Limited, a fully owned subsidiary company.

During the year the company has received management charges income of £4,000 (2023: £1,000) from UK Boiler Company Limited, a fully owned subsidiary company.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are D Carlton and S Rahman, the directors and shareholders of the company.