Sweetsalt Limited

Sweetsalt Limited

SWEETSALT LIMITED - Company Information

Print Friendly Version

1 January 2022 false Taxfiler 2023.5 13104272business:PrivateLimitedCompanyLtd2022-01-012022-12-31 131042722021-12-31 131042722022-01-012022-12-31 13104272business:AuditExemptWithAccountantsReport2022-01-012022-12-31 13104272business:FullAccounts2022-01-012022-12-31 131042722022-12-31 13104272business:Director12022-01-012022-12-31 13104272business:RegisteredOffice2022-01-012022-12-31 131042722021-12-31 13104272core:WithinOneYear2022-12-31 13104272core:WithinOneYear2021-12-31 13104272core:ShareCapital2022-12-31 13104272core:ShareCapital2021-12-31 13104272core:RetainedEarningsAccumulatedLosses2022-12-31 13104272core:RetainedEarningsAccumulatedLosses2021-12-31 13104272business:SmallEntities2022-01-012022-12-31 13104272countries:EnglandWales2022-01-012022-12-31 13104272core:FurnitureFittings2022-01-012022-12-31 13104272core:FurnitureFittings2021-12-31 13104272core:FurnitureFittings2022-12-31 13104272business:OrdinaryShareClass12022-01-012022-12-31 13104272business:OrdinaryShareClass12020-12-302021-12-31 131042722020-12-302021-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 13104272 (England and Wales)
Sweetsalt Limited Unaudited accounts for the year ended 31 December 2022
Sweetsalt Limited Unaudited accounts Contents
Page
- 2 -
Sweetsalt Limited Company Information for the year ended 31 December 2022
Director
M.Guzel
Company Number
13104272 (England and Wales)
Registered Office
103 High Street Waltham Cross Herts EN8 7AN United Kingdom
Accountants
Brindley Goldstein Ltd 103 High Street Waltham Cross EN8 7AN
- 3 -
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Sweetsalt Limited for the year ended 31 December 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Sweetsalt Limited for the year ended 31 December 2022 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Sweetsalt Limited, as a body, in accordance with the terms of our engagement letter dated 4 January 2021. Our work has been undertaken solely to prepare for your approval the accounts of Sweetsalt Limited and state those matters that we have agreed to state to the Board of Directors of Sweetsalt Limited, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sweetsalt Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Sweetsalt Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Sweetsalt Limited. You consider that Sweetsalt Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Sweetsalt Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Brindley Goldstein Ltd Chartered Accountants 103 High Street Waltham Cross EN8 7AN 11 April 2023
- 4 -
Sweetsalt Limited Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,343 
- 
Current assets
Debtors
5
- 
1,940 
Cash at bank and in hand
30,351 
10,971 
30,351 
12,911 
Creditors: amounts falling due within one year
6
(20,617)
(21,495)
Net current assets/(liabilities)
9,734 
(8,584)
Net assets/(liabilities)
11,077 
(8,584)
Capital and reserves
Called up share capital
7
100 
100 
Profit and loss account
10,977 
(8,684)
Shareholders' funds
11,077 
(8,584)
For the year ending 31 December 2022 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 April 2023 and were signed on its behalf by
M.Guzel Director Company Registration No. 13104272
- 5 -
Sweetsalt Limited Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
Sweetsalt Limited is a private company, limited by shares, registered in England and Wales, registration number 13104272. The registered office is 103 High Street, Waltham Cross, Herts, EN8 7AN, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% straight line
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 January 2022
- 
Additions
1,550 
At 31 December 2022
1,550 
Depreciation
Charge for the year
207 
At 31 December 2022
207 
Net book value
At 31 December 2022
1,343 
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
1,940 
- 6 -
Sweetsalt Limited Notes to the Accounts for the year ended 31 December 2022
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
VAT
904 
- 
Taxes and social security
2,664 
- 
Other creditors
2,542 
1,309 
Loans from directors
14,507 
19,150 
Accruals
- 
1,036 
20,617 
21,495 
7
Share capital
2022 
2021 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Transactions with related parties
The company was under the control of Mr.M..Guzel throughout the current period. Mr.M.Guzel is personally interested in100% of the company's share capital. Mr.M.Guzel received a dividend of £2,000 during the current year ( 2021 £Nil ).
9
Average number of employees
During the year the average number of employees was 3 (2021: 3).
- 7 -