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REGISTERED NUMBER: 09567270 (England and Wales)















Financial Statements for the Year Ended 30th April 2024

for

Sword Logistics Limited

Sword Logistics Limited (Registered number: 09567270)

Contents of the Financial Statements
for the year ended 30th April 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Sword Logistics Limited

Company Information
for the year ended 30th April 2024







DIRECTOR: P W Roach





REGISTERED OFFICE: 1-3 Manor Road
Chatham
Kent
ME4 6AE





REGISTERED NUMBER: 09567270 (England and Wales)





ACCOUNTANTS: Beak Kemmenoe
Chartered Accountants
1-3 Manor Road
Chatham
Kent
ME4 6AE

Sword Logistics Limited (Registered number: 09567270)

Balance Sheet
30th April 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Stocks 619,485 575,712
Debtors 4 62,938 409,495
Cash at bank 42,194 -
724,617 985,207
CREDITORS
Amounts falling due within one year 5 402,843 520,939
NET CURRENT ASSETS 321,774 464,268
TOTAL ASSETS LESS CURRENT
LIABILITIES

321,774

464,268

CREDITORS
Amounts falling due after more than one
year

6

20,717

32,253
NET ASSETS 301,057 432,015

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 300,957 431,915
SHAREHOLDERS' FUNDS 301,057 432,015

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2024 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.

Sword Logistics Limited (Registered number: 09567270)

Balance Sheet - continued
30th April 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 director and authorised for issue on 6th January 2025 and were signed by:





P W Roach - Director


Sword Logistics Limited (Registered number: 09567270)

Notes to the Financial Statements
for the year ended 30th April 2024


1. STATUTORY INFORMATION

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

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 1 ) .

Sword Logistics Limited (Registered number: 09567270)

Notes to the Financial Statements - continued
for the year ended 30th April 2024


4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 62,938 393,512
Other debtors - 15,983
62,938 409,495

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 3,221
Trade creditors 301,877 454,413
Taxation and social security 84,405 60,892
Other creditors 16,561 2,413
402,843 520,939

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 20,717 32,253