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REGISTERED NUMBER: 09806031 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

SW Leadworks Limited

SW Leadworks Limited (Registered number: 09806031)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

SW Leadworks Limited

Company Information
for the Year Ended 31 October 2023







DIRECTOR: S S White





SECRETARY: Ms S J White





REGISTERED OFFICE: Oakhampton Lodge
Wiveliscombe
Taunton
Somerset
TA4 2RW





REGISTERED NUMBER: 09806031 (England and Wales)





ACCOUNTANTS: A Plus Accountancy & Business Solutions Limited
The Counting House
Tonedale Business Park
Wellington
Somerset
TA21 0AW

SW Leadworks Limited (Registered number: 09806031)

Balance Sheet
31 October 2023

31.10.23 31.10.22
as restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,882 9,536

CURRENT ASSETS
Stocks - 8,585
Debtors 5 27,622 9,842
Cash at bank 2,650 5,407
30,272 23,834
CREDITORS
Amounts falling due within one year 6 34,477 15,746
NET CURRENT (LIABILITIES)/ASSETS (4,205 ) 8,088
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,677

17,624

CREDITORS
Amounts falling due after more than one
year

7

11,458

17,708
NET LIABILITIES (6,781 ) (84 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (6,782 ) (85 )
(6,781 ) (84 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

SW Leadworks Limited (Registered number: 09806031)

Balance Sheet - continued
31 October 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 February 2024 and were signed by:





S S White - Director


SW Leadworks Limited (Registered number: 09806031)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

SW Leadworks Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Tools & equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Tools & Motor Computer
equipment vehicles equipment Totals
£    £    £    £   
COST
At 1 November 2022 19,794 6,600 300 26,694
Additions 2,307 - - 2,307
At 31 October 2023 22,101 6,600 300 29,001
DEPRECIATION
At 1 November 2022 13,485 3,444 229 17,158
Charge for year 2,154 789 18 2,961
At 31 October 2023 15,639 4,233 247 20,119
NET BOOK VALUE
At 31 October 2023 6,462 2,367 53 8,882
At 31 October 2022 6,309 3,156 71 9,536

SW Leadworks Limited (Registered number: 09806031)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
as restated
£    £   
Trade debtors 2,050 2,200
Other debtors 25,572 7,642
27,622 9,842

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
as restated
£    £   
Trade creditors 1,272 5,726
Taxation and social security 13,414 -
Other creditors 19,791 10,020
34,477 15,746

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
as restated
£    £   
Other creditors 11,458 17,708

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2023 and 31 October 2022:

31.10.23 31.10.22
as restated
£    £   
S S White
Balance outstanding at start of year 129 3,938
Amounts advanced 23,076 12,477
Amounts repaid - (16,286 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 23,205 129

SW Leadworks Limited

Report of the Accountants to the Director of
SW Leadworks Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 October 2023 set out on pages two to five and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






A Plus Accountancy & Business Solutions Limited
The Counting House
Tonedale Business Park
Wellington
Somerset
TA21 0AW


Date: .............................................