2023-06-01 09602068 2024-05-31 09602068 2023-06-01 2024-05-31 09602068 2023-05-31 09602068 2022-06-01 2023-05-31 09602068 uk-core:WithinOneYear 2023-05-31 09602068 uk-core:WithinOneYear 2024-05-31 09602068 uk-core:ShareCapital 2024-05-31 09602068 uk-core:ShareCapital 2023-05-31 09602068 uk-core:RetainedEarningsAccumulatedLosses 2024-05-31 09602068 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 09602068 uk-bus:Director1 2023-06-01 2024-05-31 09602068 uk-core:ComputerEquipment 2023-06-01 2024-05-31 09602068 uk-core:MotorCars 2023-06-01 2024-05-31 09602068 uk-core:ComputerEquipment 2023-05-31 09602068 uk-core:MotorCars 2023-05-31 09602068 uk-core:Land 2023-05-31 09602068 uk-core:Land 2024-05-31 09602068 uk-core:MotorCars 2024-05-31 09602068 uk-core:ComputerEquipment 2024-05-31 09602068 uk-core:Land 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure 09602068 uk-bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 09602068 uk-bus:FRS102 2023-06-01 2024-05-31 09602068 uk-bus:FilletedAccounts 2023-06-01 2024-05-31 09602068 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31
Draft
SFW Communications Ltd
Registered Number:09602068
For the year ended 31 May 2024
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 31 May 2024
SFW Communications Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Draft
Registered Number :
09602068
As at 31 May 2024
SFW Communications Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
41,386
54,441
2
41,386
54,441
Current assets
Trade and other receivables
2,000
553
3
Financial assets
6,228
7,742
4
34,621
Cash and cash equivalents
39,584
47,879
42,849
Trade and other payables: amounts falling due within one year
(96,303)
(88,826)
5
(53,454)
(40,947)
Net current liabilities
Total assets less current liabilities
439
987
439
Net assets
987
Capital and reserves
Called up share capital
100
100
Retained earnings
339
887
439
987
Shareholders' funds
For the year ended 31 May 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 of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Ms Sophy Fearnley-Whittingstall Director
These financial statements were approved and authorised for issue by the Board on 02 December 2024 and were signed by:
The notes form part of these financial statements
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4
Draft
For the year ended 31 May 2024
SFW Communications Ltd
Notes to the Financial Statements
Statutory Information
SFW Communications Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 09602068.
Principal place of business:
High Penn farmhouse
High Penn
CALNE
Wiltshire
SN11 8RU
Registered address:
Horizon House
2 Whiting Street
Sheffield
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have
been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25 Straight line
Computer equipment
25% Straight line
Motor vehicles
Hire purchase and leasing commitments
The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
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5
Draft
For the year ended 31 May 2024
SFW Communications Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Motor vehicles
Land and buildings
£
£
£
£
Cost or valuation
At 01 June 2023
82,211
6,632
45,579
30,000
At 31 May 2024
30,000
45,579
6,632
82,211
Provision for depreciation and impairment
At 01 June 2023
27,770
4,980
22,790
-
Charge for year
13,055
1,660
11,395
-
At 31 May 2024
40,825
6,640
34,185
-
At 31 May 2024
Net book value
30,000
11,394
(8)
41,386
At 31 May 2023
30,000
22,789
1,652
54,441
3. Trade and other receivables
2023
2024
£
£
Trade debtors
-
2,000
Other debtors
553
-
2,000
553
4. Financial instruments at fair value
2023
2024
£
£
Other investments
7,742
6,228
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
3,802
6,566
Other creditors
85,024
89,737
88,826
96,303
6. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
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