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Company Registration No. 09925838 (England and Wales)
SWEETMAN GOLD LTD Unaudited accounts for the year ended 31 December 2024
SWEETMAN GOLD LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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SWEETMAN GOLD LTD Company Information for the year ended 31 December 2024
Director
Mr Jason Sweetman
Company Number
09925838 (England and Wales)
Registered Office
246 Godstone Road Whyteleafe Surrey CR3 0EF
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SWEETMAN GOLD LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
177 
177 
Current assets
Inventories
1,000 
3,900 
Debtors
5
52,861 
52,406 
Cash at bank and in hand
8 
91 
53,869 
56,397 
Creditors: amounts falling due within one year
6
(75,652)
(76,141)
Net current liabilities
(21,783)
(19,744)
Net liabilities
(21,606)
(19,567)
Capital and reserves
Called up share capital
7
1 
1 
Profit and loss account
(21,607)
(19,568)
Shareholders' funds
(21,606)
(19,567)
For the year ending 31 December 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 21 September 2025 and were signed on its behalf by
Mr Jason Sweetman Director Company Registration No. 09925838
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SWEETMAN GOLD LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
SWEETMAN GOLD LTD is a private company, limited by shares, registered in England and Wales, registration number 09925838. The registered office is 246 Godstone Road, Whyteleafe, Surrey, CR3 0EF.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets. The company year ended is shortened to 11 months ended 30 November 2021
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25 % reducing balance
Stocks
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Going concern
The financial statements have been prepared on a going concern basis.The companies ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future.
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SWEETMAN GOLD LTD Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
619 
105 
724 
At 31 December 2024
619 
105 
724 
Depreciation
At 1 January 2024
468 
79 
547 
At 31 December 2024
468 
79 
547 
Net book value
At 31 December 2024
151 
26 
177 
At 31 December 2023
151 
26 
177 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
52,861 
52,406 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
6,123 
6,633 
Taxes and social security
5,296 
5,926 
Other creditors
18,305 
18,150 
Loans from directors
45,928 
45,432 
75,652 
76,141 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Transactions with related parties
The company is under the control of Mr Jason Sweetman throughout the current year.He is the director and sole shareholder and holding 100% shares in the company.
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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