ACCOUNTS - Final Accounts preparation

ACCOUNTS - Final Accounts preparation

SWEETBUSINESS LIMITED - Company Information

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Caseware UK (AP4) 2021.0.152 2021.0.152 2022-05-312022-05-31No description of principal activity0true2021-06-010falsetrue 12617291 2021-06-01 2022-05-31 12617291 2020-06-01 2021-05-31 12617291 2022-05-31 12617291 2021-05-31 12617291 c:Director3 2021-06-01 2022-05-31 12617291 d:CurrentFinancialInstruments 2022-05-31 12617291 d:CurrentFinancialInstruments 2021-05-31 12617291 d:CurrentFinancialInstruments d:WithinOneYear 2022-05-31 12617291 d:CurrentFinancialInstruments d:WithinOneYear 2021-05-31 12617291 d:ShareCapital 2022-05-31 12617291 d:ShareCapital 2021-05-31 12617291 d:RetainedEarningsAccumulatedLosses 2022-05-31 12617291 d:RetainedEarningsAccumulatedLosses 2021-05-31 12617291 c:EntityHasNeverTraded 2021-06-01 2022-05-31 12617291 c:FRS102 2021-06-01 2022-05-31 12617291 c:AuditExempt-NoAccountantsReport 2021-06-01 2022-05-31 12617291 c:FullAccounts 2021-06-01 2022-05-31 12617291 c:PrivateLimitedCompanyLtd 2021-06-01 2022-05-31 iso4217:GBP xbrli:pure

Registered number: 12617291










SWEETBUSINESS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2022
 
SWEETBUSINESS LIMITED
REGISTERED NUMBER: 12617291

BALANCE SHEET
AS AT 31 MAY 2022

2022
2021
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
  
-
1

  
-
1

Creditors: amounts falling due within one year
  
(19,872)
-

Net current (liabilities)/assets
  
 
 
(19,872)
 
 
1

Total assets less current liabilities
  
(19,872)
1

  

Net (liabilities)/assets
  
(19,872)
1


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(19,873)
-

  
(19,872)
1


For the year ended 31 May 2022 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 23 February 2023.




M G Cohen
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1
 
SWEETBUSINESS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2022

1.


General information

Sweetbusiness Limited is a private company limited by shares and registered and incorporated in England. 
The address of the company's registered office is provided on the company information page. 
The company's pricipal activity is that of being an investment company. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
2.2

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The Company has no employees other than the directors, who did not receive any remuneration (2021 - £nil).

The average monthly number of employees, including directors, during the year was 0 (2021 - 0).


4.


Debtors

2022
2021
£
£


Other debtors
-
1

-
1



5.


Creditors: Amounts falling due within one year

2022
2021
£
£

Other creditors
19,872
-

19,872
-


Page 2
 
SWEETBUSINESS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2022

6.


Related party transactions

Sir John Ritblat, shareholder and director of the company, had loaned the company £19,872 at 31 May 2022 (2021: Nil). This loan is repayable on demand.

Page 3