K SWAN-HORTON LTD

K SWAN-HORTON LTD

Statement of Financial Position

As at 30 November 2024

	£	2024 £	£	2023 £
Fixed assets		11,670		13,787
Current assets	659		316
Creditors: amount falling due within one year	13,420		6,468
Net current assets/(liabilities)		14,079		6,784
Total assets less current liabilities		25,749		20,571
Accrued liabilities		-		(479)
Net assets/(liabilities)		25,749		20,092


Capital and reserves		25,749		20,092

For the year 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 year 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:

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Kristian David Mark Swan-Horton
Director

Date approved: 10 September 2025

K SWAN-HORTON LTD

Notes to the Accounts

For the year ended 30 November 2024

Statutory Information

K SWAN-HORTON LTD is a private limited company, limited by shares, domiciled in England and Wales, registration number 11669209, registration address 26 Magdalen Street, Thetford, IP24 2BN, United Kingdom.

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.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

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:

Motor Vehicles	20% Reducing Balance
Office Equipment	20% Reducing Balance

Tangible fixed assets

Cost or Valuation	Motor Vehicles	Office Equipment	Total
	£	£	£
At 01 December 2023	4,950	22,522	27,472
Additions	800	-	800
At 30 November 2024	5,750	22,522	28,272
Depreciation
At 01 December 2023	990	12,695	13,685
Charge for year	952	1,965	2,917
At 30 November 2024	1,942	14,660	16,602
Net book values
Closing balance as at 30 November 2024	3,808	7,862	11,670
Opening balance as at 01 December 2023	3,960	9,827	13,787

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