SWOT MUSIC LTD Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04446292

SWOT MUSIC LTD

Filleted Unaudited Financial Statements

For the year ended

30 September 2025

SWOT MUSIC LTD

Statement of Financial Position

30 September 2025

	2025		2024
			(restated)
	£	£	£	£
Fixed assets		22,795		25,009
		--------		--------

Current assets		98,813		109,961

Creditors: amounts falling due within one year	100,505	105,227
	---------	---------
Net current (liabilities)/assets	( 1,692)	4,734
	--------	--------
Total assets less current liabilities	21,103	29,743

Creditors: amounts falling due after more than one year		17,350		21,818

Accruals and deferred income	3,140	3,540
	--------	--------
	613	4,385
	--------	--------

Capital and reserves	613	4,385
	----	-------

Notes to the financial statements

1. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

2. Director's advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Mr J Sweet	45,573	50,746	( 58,700)	37,619
	--------	--------	--------	--------

	2024
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Mr J Sweet	44,793	25,780	( 25,000)	45,573
	--------	--------	--------	--------

Amounts advanced to directors are repayable on demand. No interest is charged on the amounts advanced.

3. Transition to FRS 105

These are the first financial statements that comply with FRS 105. The company transitioned to FRS 105 as at 1 October 2023. This has affected the previously reported financial position and financial performance as follows:

	At 1 October 2023	At 30 September 2024
	£	£
Reconciliation of Equity
Capital and reserves (as previously stated)	191	128
Removal of Deferred Tax		4,257
	----	-------
Capital and reserves (as restated)	191	4,385
	----	-------

Deferred Tax is not recognised under FRS 105.

For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements were approved by the board of directors and authorised for issue on 22 July 2026 , and are signed on behalf of the board by:

Mr J Sweet
Director

Company registration number: 04446292

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Old Emporium, Bow Street, Langport, Somerset, TA10 9PQ.