2022-07-012023-06-302023-06-30false03276597S & W (HOLDINGS) LIMITED2023-09-2768209iso4217:GBPxbrli:pure032765972022-07-01032765972023-06-30032765972022-07-012023-06-30032765972021-07-01032765972022-06-30032765972021-07-012022-06-3003276597bus:SmallEntities2022-07-012023-06-3003276597bus:AuditExempt-NoAccountantsReport2022-07-012023-06-3003276597bus:FullAccounts2022-07-012023-06-3003276597bus:PrivateLimitedCompanyLtd2022-07-012023-06-3003276597core:WithinOneYear2023-06-3003276597core:AfterOneYear2023-06-3003276597core:WithinOneYear2022-06-3003276597core:AfterOneYear2022-06-3003276597core:ShareCapital2023-06-3003276597core:SharePremium2023-06-3003276597core:RevaluationReserve2023-06-3003276597core:OtherReservesSubtotal2023-06-3003276597core:RetainedEarningsAccumulatedLosses2023-06-3003276597core:ShareCapital2022-06-3003276597core:SharePremium2022-06-3003276597core:RevaluationReserve2022-06-3003276597core:OtherReservesSubtotal2022-06-3003276597core:RetainedEarningsAccumulatedLosses2022-06-3003276597core:LandBuildings2023-06-3003276597core:PlantMachinery2023-06-3003276597core:Vehicles2023-06-3003276597core:FurnitureFittings2023-06-3003276597core:OfficeEquipment2023-06-3003276597core:NetGoodwill2023-06-3003276597core:IntangibleAssetsOtherThanGoodwill2023-06-3003276597core:ListedExchangeTraded2023-06-3003276597core:UnlistedNon-exchangeTraded2023-06-3003276597core:LandBuildings2022-06-3003276597core:PlantMachinery2022-06-3003276597core:Vehicles2022-06-3003276597core:FurnitureFittings2022-06-3003276597core:OfficeEquipment2022-06-3003276597core:NetGoodwill2022-06-3003276597core:IntangibleAssetsOtherThanGoodwill2022-06-3003276597core:ListedExchangeTraded2022-06-3003276597core:UnlistedNon-exchangeTraded2022-06-3003276597core:LandBuildings2022-07-012023-06-3003276597core:PlantMachinery2022-07-012023-06-3003276597core:Vehicles2022-07-012023-06-3003276597core:FurnitureFittings2022-07-012023-06-3003276597core:OfficeEquipment2022-07-012023-06-3003276597core:NetGoodwill2022-07-012023-06-3003276597core:IntangibleAssetsOtherThanGoodwill2022-07-012023-06-3003276597core:ListedExchangeTraded2022-07-012023-06-3003276597core:UnlistedNon-exchangeTraded2022-07-012023-06-3003276597core:MoreThanFiveYears2022-07-012023-06-3003276597core:Non-currentFinancialInstruments2023-06-3003276597core:Non-currentFinancialInstruments2022-06-3003276597dpl:CostSales2022-07-012023-06-3003276597dpl:DistributionCosts2022-07-012023-06-3003276597dpl:AdministrativeExpenses2022-07-012023-06-3003276597core:LandBuildings2022-07-012023-06-3003276597core:PlantMachinery2022-07-012023-06-3003276597core:Vehicles2022-07-012023-06-3003276597core:FurnitureFittings2022-07-012023-06-3003276597core:OfficeEquipment2022-07-012023-06-3003276597core:NetGoodwill2022-07-012023-06-3003276597core:IntangibleAssetsOtherThanGoodwill2022-07-012023-06-3003276597dpl:GroupUndertakings2022-07-012023-06-3003276597dpl:ParticipatingInterests2022-07-012023-06-3003276597dpl:GroupUndertakingscore:ListedExchangeTraded2022-07-012023-06-3003276597core:ListedExchangeTraded2022-07-012023-06-3003276597dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-07-012023-06-3003276597core:UnlistedNon-exchangeTraded2022-07-012023-06-3003276597dpl:CostSales2021-07-012022-06-3003276597dpl:DistributionCosts2021-07-012022-06-3003276597dpl:AdministrativeExpenses2021-07-012022-06-3003276597core:LandBuildings2021-07-012022-06-3003276597core:PlantMachinery2021-07-012022-06-3003276597core:Vehicles2021-07-012022-06-3003276597core:FurnitureFittings2021-07-012022-06-3003276597core:OfficeEquipment2021-07-012022-06-3003276597core:NetGoodwill2021-07-012022-06-3003276597core:IntangibleAssetsOtherThanGoodwill2021-07-012022-06-3003276597dpl:GroupUndertakings2021-07-012022-06-3003276597dpl:ParticipatingInterests2021-07-012022-06-3003276597dpl:GroupUndertakingscore:ListedExchangeTraded2021-07-012022-06-3003276597core:ListedExchangeTraded2021-07-012022-06-3003276597dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-07-012022-06-3003276597core:UnlistedNon-exchangeTraded2021-07-012022-06-3003276597core:NetGoodwill2023-06-3003276597core:IntangibleAssetsOtherThanGoodwill2023-06-3003276597core:LandBuildings2023-06-3003276597core:PlantMachinery2023-06-3003276597core:Vehicles2023-06-3003276597core:FurnitureFittings2023-06-3003276597core:OfficeEquipment2023-06-3003276597core:AfterOneYear2023-06-3003276597core:WithinOneYear2023-06-3003276597core:ListedExchangeTraded2023-06-3003276597core:UnlistedNon-exchangeTraded2023-06-3003276597core:ShareCapital2023-06-3003276597core:SharePremium2023-06-3003276597core:RevaluationReserve2023-06-3003276597core:OtherReservesSubtotal2023-06-3003276597core:RetainedEarningsAccumulatedLosses2023-06-3003276597core:NetGoodwill2022-06-3003276597core:IntangibleAssetsOtherThanGoodwill2022-06-3003276597core:LandBuildings2022-06-3003276597core:PlantMachinery2022-06-3003276597core:Vehicles2022-06-3003276597core:FurnitureFittings2022-06-3003276597core:OfficeEquipment2022-06-3003276597core:AfterOneYear2022-06-3003276597core:WithinOneYear2022-06-3003276597core:ListedExchangeTraded2022-06-3003276597core:UnlistedNon-exchangeTraded2022-06-3003276597core:ShareCapital2022-06-3003276597core:SharePremium2022-06-3003276597core:RevaluationReserve2022-06-3003276597core:OtherReservesSubtotal2022-06-3003276597core:RetainedEarningsAccumulatedLosses2022-06-3003276597core:NetGoodwill2021-07-0103276597core:IntangibleAssetsOtherThanGoodwill2021-07-0103276597core:LandBuildings2021-07-0103276597core:PlantMachinery2021-07-0103276597core:Vehicles2021-07-0103276597core:FurnitureFittings2021-07-0103276597core:OfficeEquipment2021-07-0103276597core:AfterOneYear2021-07-0103276597core:WithinOneYear2021-07-0103276597core:ListedExchangeTraded2021-07-0103276597core:UnlistedNon-exchangeTraded2021-07-0103276597core:ShareCapital2021-07-0103276597core:SharePremium2021-07-0103276597core:RevaluationReserve2021-07-0103276597core:OtherReservesSubtotal2021-07-0103276597core:RetainedEarningsAccumulatedLosses2021-07-0103276597core:AfterOneYear2022-07-012023-06-3003276597core:WithinOneYear2022-07-012023-06-3003276597core:Non-currentFinancialInstrumentscore:CostValuation2022-07-012023-06-3003276597core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-07-012023-06-3003276597core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-07-012023-06-3003276597core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-07-012023-06-3003276597core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-07-012023-06-3003276597core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-07-012023-06-3003276597core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-07-012023-06-3003276597core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-07-012023-06-3003276597core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-07-012023-06-3003276597core:Non-currentFinancialInstrumentscore:CostValuation2023-06-3003276597core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-06-3003276597core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-06-3003276597core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-06-3003276597core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-06-3003276597core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-06-3003276597core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-06-3003276597core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-06-3003276597core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-06-3003276597core:Non-currentFinancialInstrumentscore:CostValuation2022-06-3003276597core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-06-3003276597core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-06-3003276597core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-06-3003276597core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-06-3003276597core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-06-3003276597core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-06-3003276597core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-06-3003276597core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-06-3003276597bus:Director12022-07-012023-06-3003276597core:FurnitureFittingsToolsEquipment2022-06-3003276597core:FurnitureFittingsToolsEquipment2023-06-3003276597core:FurnitureFittingsToolsEquipment2022-07-012023-06-30

S & W (HOLDINGS) LIMITED

Registered Number
03276597
(England and Wales)

Unaudited Financial Statements for the Year ended
30 June 2023

S & W (HOLDINGS) LIMITED
Company Information
for the year from 1 July 2022 to 30 June 2023

Director

WALSH, Seamus

Registered Address

71 The Orchard
Winchmore Hill
N21 2DJ

Registered Number

03276597 (England and Wales)
S & W (HOLDINGS) LIMITED
Statement of Financial Position
30 June 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets51,734,4621,734,472
1,734,4621,734,472
Current assets
Debtors7150,104150,104
Cash at bank and on hand1,957,6491,829,112
2,107,7531,979,216
Creditors amounts falling due within one year8(88,163)(39,191)
Net current assets (liabilities)2,019,5901,940,025
Total assets less current liabilities3,754,0523,674,497
Net assets3,754,0523,674,497
Capital and reserves
Called up share capital3030
Revaluation reserve1,222,9711,222,971
Profit and loss account2,531,0512,451,496
Shareholders' funds3,754,0523,674,497
The financial statements were approved and authorised for issue by the Director on 27 September 2023, and are signed on its behalf by:
WALSH, Seamus
Director
Registered Company No. 03276597
S & W (HOLDINGS) LIMITED
Notes to the Financial Statements
for the year ended 30 June 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Fixtures and fittings25
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
4.Employee information

20232022
Average number of employees during the year00
5.Property, plant and equipment

Land & buildings

Fixtures & fittings

Total

£££
Cost or valuation
At 01 July 221,734,4318,7111,743,142
At 30 June 231,734,4318,7111,743,142
Depreciation and impairment
At 01 July 22-8,6708,670
Charge for year-1010
At 30 June 23-8,6808,680
Net book value
At 30 June 231,734,431311,734,462
At 30 June 221,734,431411,734,472
6.Description of nature of transactions and balances with related parties
The Company was under the control of Mr Walsh throughout the current and the previous year. Mr Walsh is the managing director and majority shareholder. The Company owed the director £1,798, (2022:£1,568) The director was paid a dividend of £102 000, (2022:£36,000)
7.Debtors

2023

2022

££
Trade debtors / trade receivables150,104150,104
Total150,104150,104
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
8.Creditors within one year

2023

2022

££
Trade creditors / trade payables2,8461,568
Taxation and social security46,70830,158
Other creditors35,6281,351
Accrued liabilities and deferred income2,9816,114
Total88,16339,191
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.