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Company Registration No. 11495428 (England and Wales)
Iain Swan Ltd Unaudited accounts for the year ended 31 March 2025
Iain Swan Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Iain Swan Ltd Company Information for the year ended 31 March 2025
Director
Iain Robert Swan
Company Number
11495428 (England and Wales)
Registered Office
Flat 101 Eliza Knight House 123 Felixstowe Road London SE2 9FP England
Accountants
Selma Felton FCPFA for and behalf of Selma Felton Ltd Trading as On The Spot
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Iain Swan Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Current assets
Debtors
5
660
9,366
Cash at bank and in hand
12,278
14,093
12,938
23,459
Creditors: amounts falling due within one year
6
(5,972)
(20,407)
Net current assets
6,966
3,052
Net assets
6,966
3,052
Capital and reserves
Called up share capital
1
1
Profit and loss account
6,965
3,051
Shareholders' funds
6,966
3,052
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 24 December 2025 and were signed on its behalf by
Iain Robert Swan Director Company Registration No. 11495428
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Iain Swan Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Iain Swan Ltd is a private company, limited by shares, registered in England and Wales, registration number 11495428. The registered office is Flat 101, Eliza Knight House, 123 Felixstowe Road, London, SE2 9FP, England.
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.
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:
Computer equipment
25% straight line basis
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 April 2024
1,780
At 31 March 2025
1,780
Depreciation
At 1 April 2024
1,780
At 31 March 2025
1,780
Net book value
At 31 March 2025
-
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
-
1,386
Trade debtors
660
7,980
660
9,366
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Iain Swan Ltd Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
3,660
-
Taxes and social security
918
1,002
Other creditors
60
745
Loans from directors
-
17,347
Accruals
1,334
1,313
5,972
20,407
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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