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Company Registration No. 14737401 (England and Wales)
Swanbridge Supplies Ltd Unaudited accounts for the year ended 31 March 2025
Swanbridge Supplies Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Swanbridge Supplies Ltd Company Information for the year ended 31 March 2025
Director
Paul Curtis
Company Number
14737401 (England and Wales)
Registered Office
3 Bassett Road Sully Penarth CF64 5HS Wales
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Swanbridge Supplies Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
48,218
39,926
Current assets
Debtors
5
206,130
216,331
Cash at bank and in hand
240,434
110,328
446,564
326,659
Creditors: amounts falling due within one year
6
(312,438)
(203,207)
Net current assets
134,126
123,452
Total assets less current liabilities
182,344
163,378
Creditors: amounts falling due after more than one year
7
(116,801)
(68,831)
Net assets
65,543
94,547
Capital and reserves
Called up share capital
1
1
Profit and loss account
65,542
94,546
Shareholders' funds
65,543
94,547
For the year ending 31 March 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 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 9 December 2025 and were signed on its behalf by
Paul Curtis Director Company Registration No. 14737401
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Swanbridge Supplies Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Swanbridge Supplies Ltd is a private company, limited by shares, registered in England and Wales, registration number 14737401. The registered office is 3 Bassett Road, Sully, Penarth, CF64 5HS, Wales.
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.
Presentation currency
The accounts are presented in ÃÂ£ sterling.
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:
Motor vehicles
20% reducing balance
Computer equipment
20% straight line
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.
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Swanbridge Supplies Ltd Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2024
41,417
1,758
43,175
Additions
28,323
-
28,323
Disposals
(18,000)
-
(18,000)
At 31 March 2025
51,740
1,758
53,498
Depreciation
At 1 April 2024
3,107
142
3,249
Charge for the year
4,209
142
4,351
On disposals
(2,320)
-
(2,320)
At 31 March 2025
4,996
284
5,280
Net book value
At 31 March 2025
46,744
1,474
48,218
At 31 March 2024
38,310
1,616
39,926
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
3,289
2,104
Trade debtors
202,841
214,227
206,130
216,331
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
290,146
140,268
Taxes and social security
21,442
27,465
Other creditors
-
34,514
Accruals
850
960
312,438
203,207
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Loans from directors
116,801
68,831
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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