S.W. MOWERS LIMITED

Company Registration Number:
04704244 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

S.W. MOWERS LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

S.W. MOWERS LIMITED

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 14,531 3,012
Total fixed assets: 14,531 3,012
Current assets
Stocks: 129,946 132,813
Debtors:   40,605 28,772
Cash at bank and in hand: 103,627 105,399
Total current assets: 274,178 266,984
Creditors: amounts falling due within one year:   (132,440) (143,584)
Net current assets (liabilities): 141,738 123,400
Total assets less current liabilities: 156,269 126,412
Provision for liabilities: (2,699) (521)
Total net assets (liabilities): 153,570 125,891
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 153,470 125,791
Shareholders funds: 153,570 125,891

The notes form part of these financial statements

S.W. MOWERS LIMITED

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 March 2025
and signed on behalf of the board by:

Name: S Woodger
Status: Director

The notes form part of these financial statements

S.W. MOWERS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents net invoiced sales of goods and services, excluding VAT.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Motor Vehicles - 25% reducing balance basis Plant and Equipment - 25% reducing balance basis.

Valuation and information policy

Stock is valued at the lower of cost and net realisable value.

Other accounting policies

Debtors and Creditors Receivable/Payable Within One Year: Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

S.W. MOWERS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 5 5

S.W. MOWERS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible Assets

Total
Cost £
At 01 July 2023 50,871
Additions 17,175
Disposals (7,500)
At 30 June 2024 60,546
Depreciation
At 01 July 2023 47,859
Charge for year 5,047
On disposals (6,891)
At 30 June 2024 46,015
Net book value
At 30 June 2024 14,531
At 30 June 2023 3,012

S.W. MOWERS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Financial commitments

At 30 June 2024 the Company had an annual financial commitment of £10,750 ( 2023- £10,750 ) in respect of land and buildings , which is due for renewal in 2026.