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REGISTERED NUMBER: 12639303 (England and Wales)




















Unaudited Financial Statements

for the Year Ended 30 June 2024

for

SPB Swindon Ltd

SPB Swindon Ltd (Registered number: 12639303)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SPB Swindon Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTOR: S P Buchanan





REGISTERED OFFICE: 22 Bessemer Close
Cheyney Manor
Swindon
Wiltshire
SN2 1NB





REGISTERED NUMBER: 12639303 (England and Wales)

SPB Swindon Ltd (Registered number: 12639303)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,477 21,591

CURRENT ASSETS
Stocks 14,677 48,025
Debtors 5 6,048 19,457
Cash at bank 67,260 47,894
87,985 115,376
CREDITORS
Amounts falling due within one year 6 63,134 112,608
NET CURRENT ASSETS 24,851 2,768
TOTAL ASSETS LESS CURRENT
LIABILITIES

41,328

24,359

CREDITORS
Amounts falling due after more than one year 7 (2,514 ) (5,897 )

PROVISIONS FOR LIABILITIES (4,119 ) (5,398 )
NET ASSETS 34,695 13,064

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 34,595 12,964
34,695 13,064

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

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

SPB Swindon Ltd (Registered number: 12639303)

Balance Sheet - continued
30 June 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 February 2025 and were signed by:





S P Buchanan - Director


SPB Swindon Ltd (Registered number: 12639303)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

SPB Swindon 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on straight line basis
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on straight line basis

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 Statement of Income and Retained Earnings, 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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

SPB Swindon Ltd (Registered number: 12639303)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 July 2023 17,782 - 22,508 604 40,894
Additions - 166 - 235 401
At 30 June 2024 17,782 166 22,508 839 41,295
DEPRECIATION
At 1 July 2023 7,491 - 11,570 242 19,303
Charge for year 2,572 41 2,735 167 5,515
At 30 June 2024 10,063 41 14,305 409 24,818
NET BOOK VALUE
At 30 June 2024 7,719 125 8,203 430 16,477
At 30 June 2023 10,291 - 10,938 362 21,591

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 300 6,856
VAT 5,748 12,601
6,048 19,457

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 3,601 5,114
Trade creditors 12,798 41,206
Tax 16,901 9,228
Social security and other taxes 2,998 3,149
Directors' current accounts 2,991 52,311
Accruals and deferred income 23,845 1,600
63,134 112,608

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 2,514 5,897