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REGISTERED NUMBER: 13931030 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

SWS&SonHoldings Ltd

SWS&SonHoldings Ltd (Registered number: 13931030)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SWS&SonHoldings Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTOR: S W Stott





REGISTERED OFFICE: 24 Northcote Drive
Leeds
United Kingdom
West Yorkshire
LS11 6NH





REGISTERED NUMBER: 13931030 (England and Wales)





ACCOUNTANTS: Tasker Accounting Services Limited
Chartered Accountants
3 Feast Field
Horsforth
Leeds
West Yorkshire
LS18 4TJ

SWS&SonHoldings Ltd (Registered number: 13931030)

Balance Sheet
30 April 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 65,470 73,176

CURRENT ASSETS
Stocks 19,627 16,800
Debtors 5 1,225 5,503
Cash at bank and in hand 15,990 9,818
36,842 32,121
CREDITORS
Amounts falling due within one year 6 65,997 33,383
NET CURRENT LIABILITIES (29,155 ) (1,262 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

36,315

71,914

CREDITORS
Amounts falling due after more than
one year

7

(30,000

)

(45,000

)

PROVISIONS FOR LIABILITIES (2,197 ) (4,543 )
NET ASSETS 4,118 22,371

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 4,117 22,370
4,118 22,371

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

SWS&SonHoldings Ltd (Registered number: 13931030)

Balance Sheet - continued
30 April 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 director and authorised for issue on 27 November 2024 and were signed by:





S W Stott - Director


SWS&SonHoldings Ltd (Registered number: 13931030)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

SWS&SonHoldings Ltd 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.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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 year 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.

SWS&SonHoldings Ltd (Registered number: 13931030)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 12 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£ £ £
COST
At 1 May 2023 6,602 79,876 86,478
Additions 3,462 900 4,362
At 30 April 2024 10,064 80,776 90,840
DEPRECIATION
At 1 May 2023 1,322 11,980 13,302
Charge for year 1,748 10,320 12,068
At 30 April 2024 3,070 22,300 25,370
NET BOOK VALUE
At 30 April 2024 6,994 58,476 65,470
At 30 April 2023 5,280 67,896 73,176

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Other debtors 1,225 5,503

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 15,000 15,000
Trade creditors 5,545 1,830
Taxation and social security 12,720 12,573
Other creditors 32,732 3,980
65,997 33,383

SWS&SonHoldings Ltd (Registered number: 13931030)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£ £
Bank loans 30,000 45,000

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 30 April 2024 and the period ended 30 April 2023:

2024 2023
£ £
S W Stott
Balance outstanding at start of year (5,287 ) -
Amounts advanced 49,000 5,127
Amounts repaid (18,261 ) (10,414 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 25,452 (5,287 )