Company Registration No. 11570150 (England and Wales)
Swan Commercial Finance Limited
Unaudited accounts
for the year ended 31 March 2026
Swan Commercial Finance Limited
Unaudited accounts
Contents
Swan Commercial Finance Limited
Statement of financial position
as at 31 March 2026
Cash at bank and in hand
35,934
23,972
Creditors: amounts falling due within one year
(23,424)
(33,569)
Net current assets
48,950
19,903
Called up share capital
12
12
Profit and loss account
50,038
20,500
Shareholders' funds
50,050
20,512
For the year ending 31 March 2026 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 9 May 2026 and were signed on its behalf by
Mr Richard Swan
Director
Company Registration No. 11570150
Swan Commercial Finance Limited
Notes to the Accounts
for the year ended 31 March 2026
Swan Commercial Finance Limited is a private company, limited by shares, registered in England and Wales, registration number 11570150. The registered office is The Oaks, Crayke, York, YO61 4TQ.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Plant & machinery
33% Reducing Balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
4
Tangible fixed assets
Plant & machinery
Swan Commercial Finance Limited
Notes to the Accounts
for the year ended 31 March 2026
Amounts falling due within one year
Other debtors
36,440
29,500
6
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
21,786
15,277
Other creditors
318
17,002
7
Average number of employees
During the year the average number of employees was 1 (2025: 1).