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REGISTERED NUMBER: 11353197 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

SELWYN CAPITAL LTD

SELWYN CAPITAL LTD (REGISTERED NUMBER: 11353197)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SELWYN CAPITAL LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: B R Stoikovich





REGISTERED OFFICE: 13 Selwyn Avenue
Richmond
Surrey
TW9 2HB





REGISTERED NUMBER: 11353197 (England and Wales)





ACCOUNTANTS: Thompson Taraz Rand Ltd
Chartered Accountants
10 Jesus Lane
Cambridge
Cambridgeshire
CB5 8BA

SELWYN CAPITAL LTD (REGISTERED NUMBER: 11353197)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 5 48,436 -
Investments 6 112,892 112,892
161,328 112,892

CURRENT ASSETS
Debtors 7 70,119 61,968
Cash at bank and in hand 289,825 150,752
359,944 212,720
CREDITORS
Amounts falling due within one year 8 (74,771 ) (38,744 )
NET CURRENT ASSETS 285,173 173,976
TOTAL ASSETS LESS CURRENT LIABILITIES 446,501 286,868

PROVISIONS FOR LIABILITIES 9 (175 ) -
NET ASSETS 446,326 286,868

CAPITAL AND RESERVES
Called up share capital 10 60 60
Retained earnings 446,266 286,808
SHAREHOLDERS' FUNDS 446,326 286,868

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

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

SELWYN CAPITAL LTD (REGISTERED NUMBER: 11353197)

BALANCE SHEET - continued
31 MAY 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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 February 2025 and were signed by:





B R Stoikovich - Director


SELWYN CAPITAL LTD (REGISTERED NUMBER: 11353197)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

Selwyn Capital 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.
Computer equipment - Straight line over 3 years

Financial instruments
Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

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.

4. EMPLOYEES AND DIRECTORS

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

SELWYN CAPITAL LTD (REGISTERED NUMBER: 11353197)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

5. TANGIBLE FIXED ASSETS
Freehold Computer
property equipment Totals
£    £    £   
COST
At 1 June 2023 - 2,295 2,295
Additions 47,737 1,048 48,785
At 31 May 2024 47,737 3,343 51,080
DEPRECIATION
At 1 June 2023 - 2,295 2,295
Charge for year - 349 349
At 31 May 2024 - 2,644 2,644
NET BOOK VALUE
At 31 May 2024 47,737 699 48,436
At 31 May 2023 - - -

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 June 2023
and 31 May 2024 112,892
NET BOOK VALUE
At 31 May 2024 112,892
At 31 May 2023 112,892

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 70,119 61,968

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 70,956 37,895
Other creditors 3,815 849
74,771 38,744

SELWYN CAPITAL LTD (REGISTERED NUMBER: 11353197)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 175 -

Deferred
tax
£   
Provided during year 175
Balance at 31 May 2024 175

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
40 Ordinary shares £1 40 40
10 Ordinary shares £1 10 10
10 Ordinary shares £1 10 10
60 60

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2024 and 31 May 2023:

2024 2023
£    £   
B R Stoikovich
Balance outstanding at start of year 5,813 6,125
Amounts advanced 108,471 5,813
Amounts repaid (106,453 ) (6,125 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 7,831 5,813