SWAFFHAM CARPET FACTORY LTD

SWAFFHAM CARPET FACTORY LTD

SWAFFHAM CARPET FACTORY LTD - Company Information

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SWAFFHAM CARPET FACTORY LTD

Company Registration Number:
05798860 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2022

Period of accounts

Start date: 01 July 2021

End date: 30 June 2022

SWAFFHAM CARPET FACTORY LTD

Contents of the Financial Statements

for the Period Ended 30 June 2022

Balance sheet
Notes

SWAFFHAM CARPET FACTORY LTD

Balance sheet

As at 30 June 2022


Notes
2022
2021


£
£
Fixed assets
Tangible assets: 3 175,068 206,849
Total fixed assets: 175,068 206,849
Current assets
Stocks: 2,000 1,905
Debtors:   467,288 354,649
Cash at bank and in hand: 403,280 758,343
Total current assets: 872,568 1,114,897
Creditors: amounts falling due within one year:   (76,655) (259,093)
Net current assets (liabilities): 795,913 855,804
Total assets less current liabilities: 970,981 1,062,653
Creditors: amounts falling due after more than one year:   (28,221) (39,085)
Total net assets (liabilities): 942,760 1,023,568
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 942,660 1,023,468
Shareholders funds: 942,760 1,023,568

The notes form part of these financial statements

SWAFFHAM CARPET FACTORY LTD

Balance sheet statements

For the year ending 30 June 2022 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 31 December 2022
and signed on behalf of the board by:

Name: M M Bevan
Status: Director

The notes form part of these financial statements

SWAFFHAM CARPET FACTORY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SWAFFHAM CARPET FACTORY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2022

2. Employees

2022 2021
Average number of employees during the period 8 8

SWAFFHAM CARPET FACTORY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2022

3. Tangible Assets

Total
Cost £
At 01 July 2021 453,775
Additions 24,157
Disposals (36,102)
At 30 June 2022 441,830
Depreciation
At 01 July 2021 246,926
Charge for year 45,637
On disposals (25,801)
At 30 June 2022 266,762
Net book value
At 30 June 2022 175,068
At 30 June 2021 206,849

SWAFFHAM CARPET FACTORY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2022

4. Loans to directors

Name of director receiving advance or credit: M M Bevan
Description of the loan: Included in debtors is an amount payable by Mr M M Bevan, the director, of £59053.00 The following conditions are attached1.No interest due to be repaid on any outstanding amount.2.Shall be repaid to the company by 31 March 2023.
£
Balance at 01 July 2021 0
Advances or credits made: 59,053
Balance at 30 June 2022 59,053