SWALLOWS FLIGHT ASSOCIATES LIMITED

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: 08864504

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		4,771		4,578

			4,771		4,578
CURRENT ASSETS
Stocks	5	-		1,500
Debtors		236,800		223,288
Cash at bank and in hand		32,039		29,124

		268,839		253,912
Creditors: Amounts Falling Due Within One Year		(41,729 )		(46,159 )

NET CURRENT ASSETS (LIABILITIES)			227,110		207,753

TOTAL ASSETS LESS CURRENT LIABILITIES			231,881		212,331

NET ASSETS			231,881		212,331

CAPITAL AND RESERVES
Called up share capital	6		250		250
Profit and Loss Account			231,631		212,081

SHAREHOLDERS' FUNDS			231,881		212,331

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SWALLOWS FLIGHT ASSOCIATES LIMITED

Abridged Balance Sheet (continued)

As At 31 January 2025

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.

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.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 January 2025 in accordance with section 444(2A) of the Companies Act 2006.

The financial statements were approved by the board on 9 July 2025 and were signed on its behalf by:

Mrs Lucy Atkinson

Director

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

SWALLOWS FLIGHT ASSOCIATES LIMITED is a private company, limited by shares, incorporated in England & Wales.

The registered number is 08864504 .

The registered office is 74 Dickenson Rd, Rusholme, Manchester, M14 5HF.

Dividends paid the the Director are reported in the notes to the accounts.

Transactions with the associated company, Bryn Properties Limited, are reported in the notes to the accounts.

Post balance sheet events are reported in the notes to the accounts.

There are no other related party transactions to report.

There are no contingent liabilities or other post balance sheet events to report.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover represents net invoiced sales of goods, and services excluding Value Added Tax (VAT).

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less accumulated depreciation.

Depreciation is calculated at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures & Fittings	10% Reducing Balance
Computer Equipment	20% Reducing Balance

No depreciation is charged in the year of acquisition.

2.4. Stocks and Work in Progress

Work in progress has been valued at prime cost of labour and materials plus other direct expenses.

2.5. Accounting Reference Date

The accounting reference date is 31 January.

These accounts are for the year ended 31 January 2025.

2.6. Comparative Figures

The comparative figures used throughout these accounts are as at 31 January 2024 or are for the year ended on that date.

2.7. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, who are employed under a contract of service during the year was: NIL (2024: NIL)

4. Tangible Assets

	Total
	£
Cost
As at 1 February 2024	9,619
Additions	1,109

As at 31 January 2025	10,728

...CONTINUED

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SWALLOWS FLIGHT ASSOCIATES LIMITED

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 January 2025

Depreciation
As at 1 February 2024	5,041
Provided during the period	916

As at 31 January 2025	5,957

Net Book Value
As at 31 January 2025	4,771

As at 1 February 2024	4,578

5. Stocks

	2025	2024
	£	£
Work in progress	-	1,500

6. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
200 Ordinary A shares of £ 1.00 each	200	200
50 Ordinary B shares of £ 1.00 each	50	50

	250	250

Issued £1 Ordinary A Voting Shares and £1 Ordinary B Voting Shares were held throughout the year as follows:

- Mrs Lucy Atkinson owns 200 £1 Ordinary A Voting Shares

- Mr Paul Atkinson owns 50 £1 Ordinary B Voting Shares

7. Post Balance Sheet Events

A major contract concluded at the end of the year and the search for replacement contracts has so far been unsuccessful.

8. Related Party Transactions

Associated Company - Bryn Properties Limited

Bryn Properties Limited was incorporated on 18 March 2020 and is an associated company under the control of the two shareholders. Mr Paul Atkinson holds 1 £1 Ordinary Share in Bryn Properties Limited representing 50% of the issued share capital and Mrs Lucy Atkinson also owns 1 £1 Ordinary Share also representing 50% of the issued capital, there being a total of 2 £1 Ordinary Shares in issue.

Mr Paul Atkinson and Mrs Lucy Atkinson are both directors of Bryn Properties Limited.

Transactions in the year with Bryn Properties Limited were as follows -

Balance due from Bryn Properties Limited brought forward - £206,871 (2024 £206,871)

Monies advanced to Bryn Properties Limited - £Nil (2024 £Nil)

Loan Repayments - £Nil (2024 £Nil)

Balance due from Bryn Properties Limited carried forward - £206,871 (2024 £206,871)

9. Ultimate Controlling Party

The Company was controlled throughout the year by Mrs Lucy Atkinson who held 200 £1 Ordinary Voting Shares there being 250 £1 Ordinary Voting Shares in issue.

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