Swagemaster Holdings Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09122669 (England and Wales)

SWAGEMASTER HOLDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2019

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Company Information

1

Balance Sheet

2

to

3

DIRECTORS:

G A Rowley

K Rowley

D Rowley

REGISTERED OFFICE:

4 Parkside Court

Greenhough Road

Lichfield

Staffordshire

WS13 7FE

REGISTERED NUMBER:

09122669 (England and Wales)

ACCOUNTANTS:

Inspired Accountants Limited

Chartered Certified Accountants

4 Parkside Court

Greenhough Road

Lichfield

Staffordshire

WS13 7FE

FIXED ASSETS

1,501,242

1,522,228

CURRENT ASSETS

401,159

179,411

CREDITORS

Amounts falling due within one year

(35,085

)

(114,054

)

NET CURRENT ASSETS

366,074

65,357

TOTAL ASSETS LESS CURRENT LIABILITIES

1,867,316

1,587,585

CAPITAL AND RESERVES

1,867,316

1,587,585

NOTES TO THE FINANCIAL STATEMENTS

1.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was NIL (2018 - NIL).

2.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2019 and

31 October 2018:

2019

2018

£

£

D Rowley

Balance outstanding at start of year

17,248

25,961

Amounts advanced

46,908

43,796

Amounts repaid

(13,616

)

(52,509

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

50,540

17,248

Interest at the official rate has been charged to the loan accounts during the year.

The loan has been repaid within nine months of the year end.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

The financial statements were approved by the Board of Directors and authorised for issue on 11 August 2020 and were signed on its behalf by:

G A Rowley - Director