Swindale Associates Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 5314112

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		780,545		785,488

			780,545		785,488
CURRENT ASSETS
Debtors	5	143,918		189,388
Cash at bank and in hand		365,175		132,702

		509,093		322,090
Creditors: Amounts Falling Due Within One Year	6	(144,903 )		(102,050 )

NET CURRENT ASSETS (LIABILITIES)			364,190		220,040

TOTAL ASSETS LESS CURRENT LIABILITIES			1,144,735		1,005,528

Creditors: Amounts Falling Due After More Than One Year	7		(1,269 )		(1,269 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	8		(2,123 )		(3,465 )

NET ASSETS			1,141,343		1,000,794

CAPITAL AND RESERVES
Called up share capital	9		1		1
Profit and Loss Account			1,141,342		1,000,793

SHAREHOLDERS' FUNDS			1,141,343		1,000,794

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Swindale Associates Limited

Balance Sheet (continued)

As At 31 December 2024

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 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Steven Swindale

Director

30/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Swindale Associates Limited is a private company, limited by shares, incorporated in England & Wales, registered number 5314112 . The registered office is Repton House, Bretby Business Park, Ashby Road, Burton on Trent, Staffordshire, DE15 0YZ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

2.2. Turnover

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

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold property	Not depreciated
Plant & Machinery	25% reducing balance
Computer software	25% straight line
Computer Equipment	33.33% straight line

2.4. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

2.5. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.6. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2024	2023
Office and administration	12	13

	12	13

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Swindale Associates Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Tangible Assets

	Land & Property
	Freehold property	Plant & Machinery	Computer software	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 January 2024	770,756	24,707	71,046	81,221	947,730
Additions	-	683	250	-	933

As at 31 December 2024	770,756	25,390	71,296	81,221	948,663

Depreciation
As at 1 January 2024	-	19,083	69,148	74,011	162,242
Provided during the period	-	1,576	695	3,605	5,876

As at 31 December 2024	-	20,659	69,843	77,616	168,118

Net Book Value
As at 31 December 2024	770,756	4,731	1,453	3,605	780,545

As at 1 January 2024	770,756	5,624	1,898	7,210	785,488

5. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	141,769	135,616
Prepayments and accrued income	295	1,211
Other debtors	1,440	1,440
Net wages	413	23
Called up share capital not paid	1	1
Amounts owed by associates	-	23,791
Amounts owed by other participating interests	-	27,306

	143,918	189,388

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	1,550	1,052
Corporation tax	48,285	32,268
Other taxes and social security	5,965	5,292
VAT	61,628	56,336
Pension control	2,470	2,762
Accruals and deferred income	3,290	4,340
Directors' loan accounts	1,006	-
Amounts owed to associates	20,709	-

	144,903	102,050

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Swindale Associates Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Property deposit held	1,269	1,269

8. Deferred Taxation

The provision for deferred tax is made up as follows:

	2024	2023
	£	£
Other timing differences	2,123	3,465

9. Share Capital

	2024	2023
	£	£
Called Up Share Capital not Paid	1	1

Amount of Allotted, Called Up Share Capital	1	1

10. Directors Advances, Credits and Guarantees

Dividends paid to directors

	2024	2023
	£	£
Mr Steven Swindale	1,000	-

11. Dividends

	2024	2023
	£	£
On equity shares:
Interim dividend paid	1,000	-

12. Ultimate Controlling Party

The company's ultimate controlling party is S J Swindale by virtue of his ownership of 100% of the issued share capital in the company.

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