Company registration number: 11269681
Unaudited financial statements
for the year ended 31 March 2025
for
Sweet Analytics Limited
Pages for filing with the Registrar
Company registration number: 11269681
Sweet Analytics Limited
Balance sheet
as at 31 March 2025
2025 2024
Note £ £ £ £
Fixed assets
Intangible assets 4 - 7,087
Tangible assets 5 1,406 4,619
1,406 11,706
Current assets
Debtors 112,574 161,445
Cash at bank and in hand 8,806 269,332
121,380 430,777
Creditors: amounts falling due within one
year
(300,018) (329,437)
Net current (liabilities)/assets (178,638) 101,340
Total assets less current liabilities (177,232) 113,046
Creditors: Amounts falling due after more
than one year
(244,896) (354,817)
NET LIABILITIES (422,128) (241,771)
Capital and reserves
Called up share capital 1,337 1,309
Share premium account 2,391,293 2,302,337
Profit and loss account (2,814,758) (2,545,417)
TOTAL EQUITY (422,128) (241,771)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 11269681
Sweet Analytics Limited
Balance sheet - continued
as at 31 March 2025
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 to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 13 June 2025 and signed on its behalf by:
Mr O Spark, Director
13 June 2025
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Sweet Analytics Limited
Notes to the financial statements
for the year ended 31 March 2025
1 Company information
Sweet Analytics Limited is a private company registered in England and Wales. Its registered number is 11269681. The company is limited by shares. Its registered office is The Bell House, Browninghill Green, Tadley, Hampshire, RG26 5JZ.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer software - 33% straight line
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Computer equipment - 33% straight line
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Sweet Analytics Limited
Notes to the financial statements - continued
for the year ended 31 March 2025
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 9 (2024 - 11).
4 Intangible assets
Other
intangible
assets
£
Cost
At 1 April 2024 31,895
At 31 March 2025 31,895
Amortisation
At 1 April 2024 24,808
Charge for year 7,087
At 31 March 2025 31,895
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Sweet Analytics Limited
Notes to the financial statements - continued
for the year ended 31 March 2025
4 Intangible assets - continued
Net book value
At 31 March 2025 -
At 31 March 2024 7,087
5 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 April 2024 17,096
At 31 March 2025 17,096
Depreciation
At 1 April 2024 12,477
Charge for year 3,213
At 31 March 2025 15,690
Net book value
At 31 March 2025 1,406
At 31 March 2024 4,619
6 Secured debts
At 31 March 2025, creditor amounts of £364,123 (2024 - £484,878) were secured.
7 Related party transactions
At 31 March 2025, amounts of £11,142.09 (2024 - £34,536.98) were owed by the company to the directors.
8 Guarantees and other financial commitments
There were no financial guarantees or commitments, either ongoing or entered into during the period,
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