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REGISTERED NUMBER: 07900466 (England and Wales)















SWEET LET LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2024






SWEET LET LIMITED (REGISTERED NUMBER: 07900466)






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


SWEET LET LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2024







DIRECTORS: B J Singh
L A J Bosley





REGISTERED OFFICE: Central Chambers
45-47 Albert Street
Rugby
Warwickshire
CV21 2SG





REGISTERED NUMBER: 07900466 (England and Wales)





ACCOUNTANTS: Atkinson Finch & Co
Chartered Accountants
Central Chambers
45-47 Albert Street
Rugby
Warwickshire
CV21 2SG

SWEET LET LIMITED (REGISTERED NUMBER: 07900466)

BALANCE SHEET
30TH APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 26,293 19,737

CURRENT ASSETS
Debtors 5 5,905 4,926
Cash at bank 253,765 105,438
259,670 110,364
CREDITORS
Amounts falling due within one year 6 83,476 59,024
NET CURRENT ASSETS 176,194 51,340
TOTAL ASSETS LESS CURRENT
LIABILITIES

202,487

71,077

CREDITORS
Amounts falling due after more than one
year

7

26,113

19,430
NET ASSETS 176,374 51,647

CAPITAL AND RESERVES
Called up share capital 75 75
Capital redemption reserve 125 125
Retained earnings 176,174 51,447
SHAREHOLDERS' FUNDS 176,374 51,647

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 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.

SWEET LET LIMITED (REGISTERED NUMBER: 07900466)

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 Board of Directors and authorised for issue on 30th January 2025 and were signed on its behalf by:





B J Singh - Director


SWEET LET LIMITED (REGISTERED NUMBER: 07900466)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024

1. STATUTORY INFORMATION

Sweet Let 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.

Significant judgements and estimates
There are no significant judgements that have a material effect on the accounts nor any accounting estimates that have a high risk of causing a material adjustment in a future accounting period.

Turnover
Turnover represents commissions received excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and equipment - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 25% on reducing balance

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

SWEET LET LIMITED (REGISTERED NUMBER: 07900466)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024

2. ACCOUNTING POLICIES - continued

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 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
equipment fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1st May 2023 867 4,853 22,787 10,475 38,982
Additions - 3,848 24,540 1,516 29,904
Disposals - - (22,787 ) - (22,787 )
At 30th April 2024 867 8,701 24,540 11,991 46,099
DEPRECIATION
At 1st May 2023 801 3,850 8,203 6,391 19,245
Charge for year 17 1,212 6,135 1,400 8,764
Eliminated on disposal - - (8,203 ) - (8,203 )
At 30th April 2024 818 5,062 6,135 7,791 19,806
NET BOOK VALUE
At 30th April 2024 49 3,639 18,405 4,200 26,293
At 30th April 2023 66 1,003 14,584 4,084 19,737

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1st May 2023 22,787
Additions 24,540
Disposals (22,787 )
At 30th April 2024 24,540
DEPRECIATION
At 1st May 2023 8,203
Charge for year 6,135
Eliminated on disposal (8,203 )
At 30th April 2024 6,135
NET BOOK VALUE
At 30th April 2024 18,405
At 30th April 2023 14,584

SWEET LET LIMITED (REGISTERED NUMBER: 07900466)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Deferred tax asset
Accelerated capital allowances 4,519 3,759
Prepayments 1,386 1,167
5,905 4,926

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 2,714 3,039
Trade creditors 6,027 1,862
Corporation tax payable 45,085 25,196
Social security and other taxes 25,243 15,826
Directors' current accounts 397 5,731
Accrued expenses 4,010 7,370
83,476 59,024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 26,113 19,430