0 false false false false false false false false false false true false false false false false false No description of principal activity 2024-02-01 Sage Accounts Production Advanced 2023 - FRS102_2023 104,082 104,082 104,082 xbrli:pure xbrli:shares iso4217:GBP 15434610 2024-02-01 2025-01-31 15434610 2025-01-31 15434610 2024-01-31 15434610 bus:Director2 2024-02-01 2025-01-31 15434610 bus:Director1 2024-02-01 2025-01-31 15434610 core:LandBuildings core:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 15434610 core:AfterOneYear 2025-01-31 15434610 core:WithinOneYear 2025-01-31 15434610 core:ShareCapital 2025-01-31 15434610 core:RetainedEarningsAccumulatedLosses 2025-01-31 15434610 core:LandBuildings core:OwnedOrFreeholdAssets 2025-01-31 15434610 bus:Director1 2024-01-31 15434610 bus:Director2 2024-01-31 15434610 bus:SmallEntities 2024-02-01 2025-01-31 15434610 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 15434610 bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 15434610 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 15434610 bus:FullAccounts 2024-02-01 2025-01-31
COMPANY REGISTRATION NUMBER: 15434610

Swarn Ltd

Filleted Unaudited Financial Statements

31 January 2025

Swarn Ltd

Statement of Financial Position

31 January 2025

| 2025
Note | £ | £

Fixed assets

Tangible assets | 4 |  | 104,082

Current assets

Cash at bank and in hand | 4 |

Creditors: amounts falling due within one year | 5 | 2,268 |
| ------- |
Net current liabilities |  | 2,264
|  | ---------
Total assets less current liabilities |  | 101,818

Creditors: amounts falling due after more than one year | 6 |  | 114,313
|  | ---------
Net liabilities |  | ( 12,495)
|  | ---------

Capital and reserves

Called up share capital |  | 2
Profit and loss account |  | ( 12,497)
|  | --------
Shareholders deficit |  | ( 12,495)
|  | --------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Swarn Ltd

Statement of Financial Position (continued)

31 January 2025
These financial statements were approved by the board of directors and authorised for issue on 22 October 2025 , and are signed on behalf of the board by:

Mr L Bansal |
Director |

Company registration number: 15434610

Swarn Ltd

Notes to the Financial Statements

Year ended 31 January 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 44 Turnberry Road, Birmingham, B42 2HU, England.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Transition to FRS 102
The entity transitioned from previous UK GAAP to FRS 102 as at 1 February 2023.
Operating leases
Lease income is recognised in profit or loss on a straight line basis over the lease term. The aggregate cost of lease incentives are recognised as a reduction to income over the lease term on a straight-line basis. Costs, including depreciation, incurred in earning the lease income are recognised as an expense. Any initial direct costs incurred in negotiating and arranging the operating lease are added to the carrying amount of the lease and recognised as an expense over the lease term on the same basis as the lease income.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
4. Tangible assets

| Freehold property
| £
Cost |
At 1 February 2024 | –
Additions | 104,082
| ---------
At 31 January 2025 | 104,082
| ---------
Depreciation |
At 1 February 2024 and 31 January 2025 | –
| ---------
Carrying amount |
At 31 January 2025 | 104,082
| ---------

5. Creditors: amounts falling due within one year

| 2025
| £
Trade creditors | 842
Other creditors | 1,426
| -------
| 2,268
| -------

6. Creditors: amounts falling due after more than one year

| 2025
| £
Bank loans and overdrafts | 74,999
Other creditors | 39,314
| ---------
| 114,313
| ---------

7. Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties. Debt instruments (other than those wholly repayable or receivable within one year), including loans and other debtors and creditors, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade creditors or debtors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration, expected to be paid or or received. For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the Balance Sheet date. Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
8. Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:

| Balance brought forward and outstanding
| 2025
| £
Mrs H Bansal | ( 19,657)
Mr L Bansal | ( 19,657)
| --------
| ( 39,314)
| --------