SWAN-HORTON & BALDING LIMITED

SWAN-HORTON & BALDING LIMITED

Statement of Financial Position

As at 30 November 2024

	£	2024 £	£	2023 £
Fixed assets		9,707		12,133
Creditors: amount falling due within one year	(19,515)		(13,758)
Net current assets/(liabilities)		(19,515)		(13,758)
Total assets less current liabilities		(9,808)		(1,625)
Creditors: amount falling due after more than one year		(12,930)		(14,218)
Accrued liabilities		-		(479)
Net assets/(liabilities)		(22,738)		(16,322)


Capital and reserves		(22,738)		(16,322)

For the period ended 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:

----------------------------------
Kristian Swan-Horton
Director

Date approved: 10 September 2025

SWAN-HORTON & BALDING LIMITED

Notes to the Accounts

For the period ended 30 November 2024

Statutory Information

SWAN-HORTON & BALDING LIMITED is a private limited company, limited by shares, domiciled in England and Wales, registration number 10538740, registration address Unit 16 Brunel Business Court, Brunel Way, Thetford, IP24 1HP, England.

The presentation currency is £ sterling.

Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).

Going Concern

The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future.

If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings	20% Reducing Balance
Plant and Machinery	20% Reducing Balance
Fixtures and Fittings	20% Reducing Balance
Computer Equipment	20% Reducing Balance

Tangible fixed assets

Cost or Valuation	Land and Buildings	Plant and Machinery	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£	£
At 01 January 2024	7,935	16,338	2,068	440	26,781
Additions	-	-	-	-	-
At 30 November 2024	7,935	16,338	2,068	440	26,781
Depreciation
At 01 January 2024	2,314	10,495	1,512	327	14,648
Charge for period	1,124	1,168	111	23	2,426
At 30 November 2024	3,438	11,663	1,623	350	17,074
Net book values
Closing balance as at 30 November 2024	4,497	4,675	445	90	9,707
Opening balance as at 01 January 2024	5,621	5,843	556	113	12,133

3.	Average number of employees Average number of employees during the period was 1 (2023: 1).