Swindon Asbestos Surveying Limited

Swindon Asbestos Surveying Limited
Contents Page
For the year ended 31 March 2025

Statement of financial position	1
Notes to the financial statements	2

Swindon Asbestos Surveying Limited
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	10,265	16,350
		10,265	16,350
Current assets
Debtors		48,644	52,304
Cash at bank and in hand		23,267	32,830
		71,911	85,134
Creditors: amount falling due within one year		(88,747)	(73,734)
Net current assets		(16,836)	11,400

Total assets less current liabilities		(6,571)	27,750
Creditors: amount falling due after more than one year		(7,769)	(12,767)
Net assets		(14,340)	14,983

Capital and reserves
Called up share capital		100	100
Profit and loss account		(14,440)	14,883
Shareholders' funds		(14,340)	14,983

For the year ended 31 March 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 accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006 the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 10 December 2025 and were signed on its behalf by:

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Mrs J E O'Sullivan
Director

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E J O'Sullivan
Director

1

Swindon Asbestos Surveying Limited
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

Swindon Asbestos Surveying Limited is a private company, limited by shares, registered in England and Wales, registration number 05953002, registration address 70 Southbrook Street, Swindon, Wiltshire, SN2 1HG.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

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

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor Vehicles	25% Straight Line
Fixtures and Fittings	25% Straight Line

2.	Average number of employees Average number of employees during the year was 7 (2024 : 7).

3.

Tangible fixed assets

Cost or valuation	Motor Vehicles	Fixtures and Fittings	Total
	£	£	£
At 01 April 2024	65,075	48,186	113,261
Additions	11,600	-	11,600
Disposals	(26,500)	-	(26,500)
At 31 March 2025	50,175	48,186	98,361
Depreciation
At 01 April 2024	51,638	45,273	96,911
Charge for year	4,337	1,828	6,165
On disposals	(14,980)	-	(14,980)
At 31 March 2025	40,995	47,101	88,096
Net book values
Closing balance as at 31 March 2025	9,180	1,085	10,265
Opening balance as at 01 April 2024	13,437	2,913	16,350

2

Registered Number: 05953002
England and Wales
SWINDON ASBESTOS SURVEYING LIMITED

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025