EG SWINGLER & SONS LTD

Company Registration Number:
10780868 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

EG SWINGLER & SONS LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

EG SWINGLER & SONS LTD

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 70,000 80,000
Tangible assets: 4 213,730 264,391
Total fixed assets: 283,730 344,391
Current assets
Stocks: 270,915 0
Debtors: 5 59,424 93,530
Cash at bank and in hand: 241,342 152,715
Total current assets: 571,681 246,245
Creditors: amounts falling due within one year: 6 (274,928) (215,016)
Net current assets (liabilities): 296,753 31,229
Total assets less current liabilities: 580,483 375,620
Creditors: amounts falling due after more than one year: 7 (166,854) (54,812)
Total net assets (liabilities): 413,629 320,808
Capital and reserves
Called up share capital: 300 300
Profit and loss account: 413,329 320,508
Shareholders funds: 413,629 320,808

The notes form part of these financial statements

EG SWINGLER & SONS LTD

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 27 December 2024
and signed on behalf of the board by:

Name: Mr R G Swingler
Status: Director

The notes form part of these financial statements

EG SWINGLER & SONS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life: Plant and machinery - 10% on reducing balance basis

Intangible fixed assets and amortisation policy

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

EG SWINGLER & SONS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 5 7

EG SWINGLER & SONS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Intangible Assets

Total
Cost £
At 01 April 2023 100,000
At 31 March 2024 100,000
Amortisation
At 01 April 2023 20,000
Charge for year 10,000
At 31 March 2024 30,000
Net book value
At 31 March 2024 70,000
At 31 March 2023 80,000

EG SWINGLER & SONS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible Assets

Total
Cost £
At 01 April 2023 296,444
Additions 79,830
Disposals (107,951)
At 31 March 2024 268,323
Depreciation
At 01 April 2023 32,053
Charge for year 24,060
On disposals (1,520)
At 31 March 2024 54,593
Net book value
At 31 March 2024 213,730
At 31 March 2023 264,391

EG SWINGLER & SONS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Debtors

Debtors falling due within one year are made up as follows: Trade debtors £42,854 (2023-£16,192), Other debtors £16,570 (2023-£21,429), total £59,424 (2023-£37,621)

EG SWINGLER & SONS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due within one year note

Creditors amounts falling due within one year are as made up as follows: Hire purchase £26,981 (2023-£36,781), Trade creditors £164,069 (2023-£138,982), Taxation and social security £27,558 (2023-£18,759), Other creditors £56,320 (2023-£20,494), total £274,928 (2023-£215,016)

EG SWINGLER & SONS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

7. Creditors: amounts falling due after more than one year note

Creditors amounts falling due after one year are made up as follows: Hire purchase £27,796 (2023-£54,812), Other creditors £139,058 (2023-£0), total £166,854 (2023-£54,812)