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Registration number: 06593533

Swingrite (UK) Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 October 2024

 

Swingrite (UK) Limited

Contents

Balance Sheet

1

Notes to the Financial Statements

2 to 3

 

Swingrite (UK) Limited

(Registration number: 06593533)
Balance Sheet as at 31 October 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

32,978

47,635

Current assets

 

Debtors

5

1,591,461

1,592,811

Cash at bank and in hand

 

235,608

316,392

 

1,827,069

1,909,203

Creditors: Amounts falling due within one year

6

(1,340,693)

(1,533,751)

Net current assets

 

486,376

375,452

Net assets

 

519,354

423,087

Capital and reserves

 

Called up share capital

6

6

Profit and loss account

519,348

423,081

Total equity

 

519,354

423,087

For the financial year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 15 May 2025
 

.........................................
A J Milnes
Company secretary and director

 

Swingrite (UK) Limited

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

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
4 Springfield Mews
Harrogate
North Yorkshire
HG1 2HP
England

These financial statements were authorised for issue by the director on 15 May 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Motor vehicle

25% on cost

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

Swingrite (UK) Limited

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

4

Tangible assets

Motor vehicles
 £

Total
£

Cost or valuation

At 1 November 2023

58,628

58,628

At 31 October 2024

58,628

58,628

Depreciation

At 1 November 2023

10,993

10,993

Charge for the year

14,657

14,657

At 31 October 2024

25,650

25,650

Carrying amount

At 31 October 2024

32,978

32,978

At 31 October 2023

47,635

47,635

5

Debtors

2024
£

2023
£

Other debtors

1,591,461

1,592,811

1,591,461

1,592,811

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

1,507

-

Accruals and deferred income

1,100

1,000

Other creditors

1,338,086

1,532,751

1,340,693

1,533,751