Company Registration No. 04683211 (England and Wales)
Swan Systems Furniture Limited
Unaudited accounts
for the year ended 31 March 2025
Swan Systems Furniture Limited
Unaudited accounts
Contents
Swan Systems Furniture Limited
Company Information
for the year ended 31 March 2025
Directors
Patricia Colley
Lisa Dymott
Secretary
POWER SECRETARIES LTD
Company Number
04683211 (England and Wales)
Registered Office
Unit 6 East Street
Titchfield
Fareham
PO14 4AR
England
Accountants
Power Accountax Limited
Mailbox 3, Solent Business Centre
343 Millbrook Road West
Southampton
SO15 0HW
Swan Systems Furniture Limited
Statement of financial position
as at 31 March 2025
Tangible assets
16,575
21,338
Cash at bank and in hand
1,255
-
Creditors: amounts falling due within one year
(69,017)
(113,325)
Net current liabilities
(5,528)
(3,917)
Total assets less current liabilities
11,047
17,421
Creditors: amounts falling due after more than one year
(10,209)
(16,763)
Called up share capital
100
100
Profit and loss account
738
558
Shareholders' funds
838
658
For the year ending 31 March 2025 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 July 2025 and were signed on its behalf by
Patricia Colley
Director
Company Registration No. 04683211
Swan Systems Furniture Limited
Notes to the Accounts
for the year ended 31 March 2025
Swan Systems Furniture Limited is a private company, limited by shares, registered in England and Wales, registration number 04683211. The registered office is Unit 6 East Street, Titchfield, Fareham, PO14 4AR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Reducing balance
4
Tangible fixed assets
Fixtures & fittings
Swan Systems Furniture Limited
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Trade debtors
35,134
57,022
Accrued income and prepayments
604
575
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
24,153
24,177
Trade creditors
51,793
55,826
Taxes and social security
5,795
4,807
Other creditors
9,207
15,741
Loans from directors
(39,541)
495
7
Creditors: amounts falling due after more than one year
2025
2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Advances to the director
(483)
29,412
-
28,929
Advances to the director
(12)
10,624
-
10,612
9
Average number of employees
During the year the average number of employees was 8 (2024: 8).