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REGISTERED NUMBER: 14454776 (England and Wales)















Unaudited Financial Statements

for the Period

1 November 2022 to 31 March 2024

for

Swann Investments Limited

Swann Investments Limited (Registered number: 14454776)

Contents of the Financial Statements
for the Period 1 November 2022 to 31 March 2024










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Swann Investments Limited

Company Information
for the Period 1 November 2022 to 31 March 2024







DIRECTORS: S P Swann
L J Swann





REGISTERED OFFICE: Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP





REGISTERED NUMBER: 14454776 (England and Wales)





ACCOUNTANTS: The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Swann Investments Limited


The following reproduces the text of the report prepared for the directors 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 Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Swann Investments Limited for the period ended 31 March 2024 which comprise the Income Statement, Balance Sheet and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Swann Investments Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Swann Investments Limited and state those matters that we have agreed to state to the Board of Directors of Swann Investments Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Swann Investments Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Swann Investments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Swann Investments Limited. You consider that Swann Investments Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Swann Investments 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 financial statements.






The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP


26 July 2024

Swann Investments Limited (Registered number: 14454776)

Balance Sheet
31 March 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 18,045
Investments 5 5,699,892
5,717,937

CURRENT ASSETS
Debtors 6 1,293
Cash at bank and in hand 177,211
178,504
CREDITORS
Amounts falling due within one year 7 6,694
NET CURRENT ASSETS 171,810
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,889,747

PROVISIONS FOR LIABILITIES 95,424
NET ASSETS 5,794,323

CAPITAL AND RESERVES
Called up share capital 8 5,414,201
Revaluation reserve 9 300,090
Capital redemption reserve 9 62,954
Retained earnings 9 17,078
5,794,323

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2024 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.

Swann Investments Limited (Registered number: 14454776)

Balance Sheet - continued
31 March 2024


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 Board of Directors and authorised for issue on 26 July 2024 and were signed on its behalf by:




S P Swann - Director



L J Swann - Director


Swann Investments Limited (Registered number: 14454776)

Notes to the Financial Statements
for the Period 1 November 2022 to 31 March 2024


1. STATUTORY INFORMATION

Swann Investments 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 as modified by the revaluation of certain assets.

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

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Swann Investments Limited (Registered number: 14454776)

Notes to the Financial Statements - continued
for the Period 1 November 2022 to 31 March 2024


2. ACCOUNTING POLICIES - continued

Recognition of dividend income
Dividend income is recognised at the point the right to receive payment is established for final dividends and on receipt for interim dividends.

Investments
Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
Additions 22,754 1,306 24,060
At 31 March 2024 22,754 1,306 24,060
DEPRECIATION
Charge for period 5,689 326 6,015
At 31 March 2024 5,689 326 6,015
NET BOOK VALUE
At 31 March 2024 17,065 980 18,045

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
Additions 6,634,080
Disposals (1,334,308 )
Revaluations 400,120
At 31 March 2024 5,699,892
NET BOOK VALUE
At 31 March 2024 5,699,892

Swann Investments Limited (Registered number: 14454776)

Notes to the Financial Statements - continued
for the Period 1 November 2022 to 31 March 2024


5. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 March 2024 is represented by:

Other
investments
£   
Valuation in 2024 400,120
Cost 5,299,772
5,699,892

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 1,293

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 634
Taxation and social security 500
Other creditors 5,560
6,694

Swann Investments Limited (Registered number: 14454776)

Notes to the Financial Statements - continued
for the Period 1 November 2022 to 31 March 2024


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number: Class: Nominal Value: £


1,301,775 Ordinary £1 1,301,775
1,479,290 Ordinary A £1 1,479,290
2,633,136 Ordinary B £1 2,633,136
5,414,201

3,873,050 Ordinary shares of £1 each were initially allotted and fully paid for cash at par during the period.

4,303,388 Ordinary A shares of £1 each were initially allotted and fully paid for cash at par during the period.

7,746,100 Ordinary B shares of £1 each were initially allotted and fully paid for cash at par during the period.

77,461 Ordinary C shares of £1 each were initially allotted and fully paid for cash at par during the period.

During the period the following share reduction took place; 2,541,689 Ordinary shares, 2,824,098 Ordinary A shares, 5,083,378 Ordinary B shares and 50,384 Ordinary C.

During the period there was a capital redemption of 29,586 Ordinary, 29,586 Ordinary A and 26,627 Ordinary C shares which were bought back by the company.

9. RESERVES
Capital
Retained Revaluation redemption
earnings reserve reserve Totals
£    £    £    £   

Profit for the period 317,168 317,168
Purchase of own shares - - 62,954 62,954
Investment revaluation (300,090 ) 300,090 - -
At 31 March 2024 17,078 300,090 62,954 380,122