SWEETS ASSOCIATES LIMITED


Director	Haffeeza Bhyat


Registered Address	5 Normandy Close
	Glenfield
	Leicester
	LE3 8SZ


Registered Number	12629052 (England and Wales)

Balance Sheet as at
31 May 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		2,500		5,000
Tangible assets	4		4,361		6,294
			6,861		11,294
Current assets
Cash at bank and on hand		-		2,926
		-		2,926
Creditors amounts falling due within one year	5	(4,680)		(4,126)
Net current assets (liabilities)			(4,680)		(1,200)
Total assets less current liabilities			2,181		10,094
Net assets			2,181		10,094
Capital and reserves
Called up share capital			100		100
Profit and loss account			2,081		9,994
Shareholders' funds			2,181		10,094

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 18 May 2026, and are signed on its behalf by:

Haffeeza Bhyat
Director
Registered Company No. 12629052

SWEETS ASSOCIATES LIMITED

Notes to the Financial Statements
for the year ended 31 May 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Intangible assets
	Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Plant and machinery	20	-
Office Equipment	-	3

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 June 24	12,500	12,500
At 31 May 25	12,500	12,500
Amortisation and impairment
At 01 June 24	7,500	7,500
Charge for year	2,500	2,500
At 31 May 25	10,000	10,000
Net book value
At 31 May 25	2,500	2,500
At 31 May 24	5,000	5,000

4.	Tangible fixed assets

	Plant & machinery	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 June 24	11,710	7,687	19,397
Additions	-	650	650
At 31 May 25	11,710	8,337	20,047
Depreciation and impairment
At 01 June 24	6,913	6,190	13,103
Charge for year	959	1,624	2,583
At 31 May 25	7,872	7,814	15,686
Net book value
At 31 May 25	3,838	523	4,361
At 31 May 24	4,797	1,497	6,294

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Other creditors	3,179	2,950
Accrued liabilities and deferred income	1,501	1,176
Total	4,680	4,126


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.