The Swigg Group Limited Filleted accounts for Companies House (small and micro)
The Swigg Group Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
11113465
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Financial Statements |
Period from 15 December 2017 to 31 March 2019
Contents |
Page |
Accountants report to the director on the preparation of the unaudited statutory financial statements |
1 |
Statement of financial position |
2 |
Notes to the financial statements |
4 |
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Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of
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Period from 15 December 2017 to 31 March 2019
AVC House
21 Northampton Lane
Swansea
SA1 4EH
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Statement of Financial Position |
31 Mar 19 |
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Note |
£ |
Fixed assets
Tangible assets |
5 |
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Current assets
Stocks |
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Debtors |
6 |
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Cash at bank and in hand |
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-------- |
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Creditors: amounts falling due within one year |
7 |
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Net current liabilities |
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-------- |
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Total assets less current liabilities |
(
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Net liabilities |
(
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Capital and reserves
Called up share capital |
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Profit and loss account |
(
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Shareholders deficit |
(
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In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
Director's responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476
;
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The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
13 September 2019
, and are signed on behalf of the board by:
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Director |
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Company registration number:
11113465
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Notes to the Financial Statements |
Period from 15 December 2017 to 31 March 2019
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is AVC House, 21 Northampton Lane, Swansea, SA1 4EH, Wales.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings |
- |
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Impairment of fixed assets
Stocks
Financial instruments
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the period amounted to
8
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5.
Tangible assets
Fixtures and fittings |
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£ |
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Cost |
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At 15 December 2017 |
– |
Additions |
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At 31 March 2019 |
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Depreciation |
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At 15 December 2017 |
– |
Charge for the period |
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At 31 March 2019 |
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Carrying amount |
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At 31 March 2019 |
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6.
Debtors
31 Mar 19 |
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£ |
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Trade debtors |
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Other debtors |
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7.
Creditors:
amounts falling due within one year
31 Mar 19 |
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£ |
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Trade creditors |
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Social security and other taxes |
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Other creditors |
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8.
Director's advances, credits and guarantees
During the period the director entered into the following advances and credits with the company:
31 Mar 19 |
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Balance brought forward |
Advances/ (credits) to the director |
Amounts repaid |
Balance outstanding |
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£ |
£ |
£ |
£ |
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– |
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(
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(
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-------- |
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