Registered number
11385390
Sweating Chicken Ltd
Filleted Accounts
31 March 2025
Ref: S003
Sweating Chicken Ltd
Registered number: 11385390
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 4 16,520 18,309
Current assets
Stocks 3,600 5,120
Debtors 5 140 -
Cash at bank and in hand 12,100 10,320
15,840 15,440
Creditors: amounts falling due within one year 6 (10,859) (11,513)
Net current assets 4,981 3,927
Total assets less current liabilities 21,501 22,236
Creditors: amounts falling due after more than one year 7 (109,115) (118,144)
Net liabilities (87,614) (95,908)
Capital and reserves
Called up share capital 100 100
Profit and loss account (87,714) (96,008)
Shareholders' funds (87,614) (95,908)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Zhiyuan Chen
Director
Approved by the board on 7 June 2025
Sweating Chicken Ltd
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 20% reducing balance
Fixtures, fittings, tools and equipment 15% reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 4 4
3 Intangible fixed assets £
Goodwill:
Cost
At 1 April 2024 40,000
At 31 March 2025 40,000
Amortisation
At 1 April 2024 40,000
At 31 March 2025 40,000
Net book value
At 31 March 2025 -
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024 49,243
Additions 1,280
At 31 March 2025 50,523
Depreciation
At 1 April 2024 30,934
Charge for the year 3,069
At 31 March 2025 34,003
Net book value
At 31 March 2025 16,520
At 31 March 2024 18,309
5 Debtors 2025 2024
£ £
Other debtors 140 -
6 Creditors: amounts falling due within one year 2025 2024
£ £
Taxation and social security costs 8,484 6,290
Other creditors 2,375 5,223
10,859 11,513
7 Creditors: amounts falling due after one year 2025 2024
£ £
Loans - 8,457
Shareholder loan 109,115 109,687
109,115 118,144
8 Other information
Sweating Chicken Ltd is a private company limited by shares and incorporated in England. Its registered office is:
298 Oxford Road
Manchester
M13 9NS
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