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Company Registration No. 11351226 (England and Wales)
Sw London Lets Ltd Unaudited accounts for the year ended 31 May 2025
Sw London Lets Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Sw London Lets Ltd Company Information for the year ended 31 May 2025
Director
David Paterson
Company Number
11351226 (England and Wales)
Registered Office
97 Springfield Avenue London SW20 9JS England
- 3 -
Sw London Lets Ltd Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Called up share capital not paid
1
1
Fixed assets
Investment property
4
544,045
542,125
Current assets
Cash at bank and in hand
5,905
5,547
Creditors: amounts falling due within one year
5
(178,287)
(134,428)
Net current liabilities
(172,382)
(128,881)
Total assets less current liabilities
371,664
413,245
Creditors: amounts falling due after more than one year
6
(420,845)
(418,258)
Net liabilities
(49,181)
(5,013)
Capital and reserves
Called up share capital
1
1
Profit and loss account
(49,182)
(5,014)
Shareholders' funds
(49,181)
(5,013)
For the year ending 31 May 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 6 January 2025 and were signed on its behalf by
David Paterson Director Company Registration No. 11351226
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Sw London Lets Ltd Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Sw London Lets Ltd is a private company, limited by shares, registered in England and Wales, registration number 11351226. The registered office is 97 Springfield Avenue, London, SW20 9JS, 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.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2025
£
Fair value at 1 June 2024
542,125
Additions
1,920
At 31 May 2025
544,045
5
Creditors: amounts falling due within one year
2025
2024
£
£
Loans from directors
178,287
134,428
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
420,445
418,258
Accruals
400
-
420,845
418,258
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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