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REGISTERED NUMBER: 11616267 (England and Wales)















Financial Statements for the Year Ended 31 October 2024

for

Swangord Welding and Fabrication Ltd

Swangord Welding and Fabrication Ltd (Registered number: 11616267)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Report of the Accountants 6

Swangord Welding and Fabrication Ltd

Company Information
for the Year Ended 31 October 2024







DIRECTORS: Mr Fernando Gordon
Mr Dalton Swack





REGISTERED OFFICE: 143 Eastfield Road
Peterborough
England
PE1 4AU





REGISTERED NUMBER: 11616267 (England and Wales)





ACCOUNTANTS: Accountancy Solutions
143 Eastfield Road
Peterborough
Cambridgeshire
PE1 4AU

Swangord Welding and Fabrication Ltd (Registered number: 11616267)

Statement of Financial Position
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 16,449 20,677

CURRENT ASSETS
Cash at bank 1,667 125

CREDITORS
Amounts falling due within one year 5 70,452 73,924
NET CURRENT LIABILITIES (68,785 ) (73,799 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(52,336

)

(53,122

)

CREDITORS
Amounts falling due after more than
one year

6

39,301

39,299
NET LIABILITIES (91,637 ) (92,421 )

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 (91,737 ) (92,521 )
SHAREHOLDERS' FUNDS (91,637 ) (92,421 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

Swangord Welding and Fabrication Ltd (Registered number: 11616267)

Statement of Financial Position - continued
31 October 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 10 February 2025 and were signed on its behalf by:





Mr Fernando Gordon - Director


Swangord Welding and Fabrication Ltd (Registered number: 11616267)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Swangord Welding and Fabrication 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
Revenue 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 - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 20% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 November 2023
and 31 October 2024 31,621 8,531 890 41,042
DEPRECIATION
At 1 November 2023 15,844 4,096 425 20,365
Charge for year 3,155 887 186 4,228
At 31 October 2024 18,999 4,983 611 24,593
NET BOOK VALUE
At 31 October 2024 12,622 3,548 279 16,449
At 31 October 2023 15,777 4,435 465 20,677

Swangord Welding and Fabrication Ltd (Registered number: 11616267)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Corporation Tax 2,107 2,107
Social security and other taxes 2,930 4,661
VAT 2,895 1,821
Directors' current accounts 62,520 65,335
70,452 73,924

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.10.24 31.10.23
£    £   
Other loans - 1-2 years 39,301 39,299

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.24 31.10.23
value: £    £   
100 Ordinary 1 100 100

8. RESERVES
Retained
earnings
£   

At 1 November 2023 (92,521 )
Profit for the year 784
At 31 October 2024 (91,737 )

Swangord Welding and Fabrication Ltd

Report of the Accountants to the Directors of
Swangord Welding and Fabrication Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 October 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Accountancy Solutions
143 Eastfield Road
Peterborough
Cambridgeshire
PE1 4AU


Date: .............................................