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Company Registration No. 10454654 (England and Wales)
Sweet Official Limited Unaudited accounts for the year ended 31 October 2024
Sweet Official Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Sweet Official Limited Company Information for the year ended 31 October 2024
Directors
Hussain Nurbhai Jahangir Ullah Ilyas Abbas Dudhwala
Company Number
10454654 (England and Wales)
Registered Office
48 HYDE ROAD DENTON MANCHESTER M34 3AG UNITED KINGDOM
Accountants
Enso Accountants Ltd 189c Mauldeth Road Manchester M191BA
- 3 -
Sweet Official Limited Statement of financial position as at 31 October 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
5
-
39,519
Current assets
Inventories
51,504
58,946
Debtors
6
104,765
114,816
Cash at bank and in hand
51,199
14,519
207,468
188,281
Creditors: amounts falling due within one year
7
(189,898)
(155,168)
Net current assets
17,570
33,113
Total assets less current liabilities
17,570
72,632
Creditors: amounts falling due after more than one year
8
(110,266)
(126,923)
Net liabilities
(92,696)
(54,291)
Capital and reserves
Called up share capital
1
1
Profit and loss account
(92,697)
(54,292)
Shareholders' funds
(92,696)
(54,291)
For the year ending 31 October 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 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 1 July 2025 and were signed on its behalf by
Hussain Nurbhai Director Company Registration No. 10454654
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Sweet Official Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Sweet Official Limited is a private company, limited by shares, registered in England and Wales, registration number 10454654. The registered office is 48 HYDE ROAD, DENTON, MANCHESTER, M34 3AG, UNITED KINGDOM.
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.
Going concern
The financial statements have been prepared on a going concern basis, which assumes that the company will continue in operational existence for the foreseeable future. The directors have carefully reviewed the company's current financial position, future cash flows, and the availability of financing, and they have assessed the company's ability to meet its obligations as they fall due.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Plant & machinery
5 Year Straight Line
Computer equipment
5 Year Straight Line
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Sweet Official Limited Notes to the Accounts for the year ended 31 October 2024
4
Intangible fixed assets
Other
£
Cost
At 1 November 2023
1,500
At 31 October 2024
1,500
Amortisation
At 1 November 2023
1,500
At 31 October 2024
1,500
Net book value
At 31 October 2024
-
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 November 2023
104,648
-
2,359
107,007
Additions
-
2,330
-
2,330
Revaluations
(2,330)
-
-
(2,330)
Disposals
(102,318)
(2,330)
(2,359)
(107,007)
At 31 October 2024
-
-
-
-
Depreciation
At 1 November 2023
65,816
-
1,672
67,488
Charge for the year
18,870
1,161
248
20,279
On disposals
(84,686)
(1,161)
(1,920)
(87,767)
At 31 October 2024
-
-
-
-
Net book value
At 31 October 2024
-
-
-
-
At 31 October 2023
38,832
-
687
39,519
6
Debtors
2024
2023
£
£
Amounts falling due within one year
Other debtors
73,546
82,622
Amounts falling due after more than one year
Other debtors
31,219
32,194
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Sweet Official Limited Notes to the Accounts for the year ended 31 October 2024
7
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
3,002
12,216
VAT
72,667
38,035
Taxes and social security
15,015
4,090
Other creditors
6,444
13,232
Loans from directors
92,770
87,595
189,898
155,168
8
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans
110,266
126,923
9
Average number of employees
During the year the average number of employees was 19 (2023: 19).
- 7 -