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 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

SWAFFHAM CARPET FACTORY LTD

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

SWAFFHAM CARPET FACTORY LTD

Balance sheet

As at 30 June 2024


Notes
2024
2023


£
£
Fixed assets
Tangible assets: 3 191,338 228,574
Total fixed assets: 191,338 228,574
Current assets
Stocks: 1,900 1,900
Debtors:   532,082 536,719
Cash at bank and in hand: 364,715 310,195
Total current assets: 898,697 848,814
Creditors: amounts falling due within one year:   (90,464) (126,204)
Net current assets (liabilities): 808,233 722,610
Total assets less current liabilities: 999,571 951,184
Creditors: amounts falling due after more than one year:   (58,407) (51,447)
Total net assets (liabilities): 941,164 899,737
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 941,064 899,637
Shareholders funds: 941,164 899,737

The notes form part of these financial statements

SWAFFHAM CARPET FACTORY LTD

Balance sheet statements

For the year ending 30 June 2024 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 06 January 2025
and signed on behalf of the board by:

Name: Mr 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 2024

1. Accounting policies

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

Turnover policy

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the daily company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tangible fixed assets and depreciation policy

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

SWAFFHAM CARPET FACTORY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 4 6

SWAFFHAM CARPET FACTORY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible Assets

Total
Cost £
At 01 July 2023 505,441
Additions 24,906
Disposals (3,000)
At 30 June 2024 527,347
Depreciation
At 01 July 2023 276,867
Charge for year 60,877
On disposals (1,735)
At 30 June 2024 336,009
Net book value
At 30 June 2024 191,338
At 30 June 2023 228,574