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SDW Trading Limited

Registered Number
07708232
(England and Wales)

Unaudited Financial Statements for the Year ended
31 July 2024

SDW Trading Limited
Company Information
for the year from 1 August 2023 to 31 July 2024

Director

Stuart Warwick

Registered Address

18 Wingfield Drive
Potton
Sandy
SG19 2GQ

Registered Number

07708232 (England and Wales)
SDW Trading Limited
Balance Sheet as at
31 July 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets31,7201,857
Investments4227,284119,784
229,004121,641
Current assets
Debtors524,50081,356
Cash at bank and on hand27,47038,162
51,970119,518
Creditors amounts falling due within one year6(62,213)(54,115)
Net current assets (liabilities)(10,243)65,403
Total assets less current liabilities218,761187,044
Creditors amounts falling due after one year7(7,750)(17,050)
Net assets211,011169,994
Capital and reserves
Called up share capital11
Profit and loss account211,010169,993
Shareholders' funds211,011169,994
The financial statements were approved and authorised for issue by the Director on 4 December 2024, and are signed on its behalf by:
Stuart Warwick
Director
Registered Company No. 07708232
SDW Trading Limited
Notes to the Financial Statements
for the year ended 31 July 2024

1.Accounting policies
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.
Statement of compliance
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.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Office Equipment25
Investments
Investments in cryptocurrencies are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
2.Average number of employees

20242023
Average number of employees during the year11
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 August 236,0526,052
Additions341341
At 31 July 246,3936,393
Depreciation and impairment
At 01 August 234,1954,195
Charge for year478478
At 31 July 244,6734,673
Net book value
At 31 July 241,7201,720
At 31 July 231,8571,857
4.Fixed asset investments

Other investments1

Total

££
Cost or valuation
At 01 August 23119,784119,784
Additions107,500107,500
At 31 July 24227,284227,284
Net book value
At 31 July 24227,284227,284
At 31 July 23119,784119,784

Notes

1Other investments other than loans
5.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables24,44829,696
Other debtors5251,615
Prepayments and accrued income-45
Total24,50081,356
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables397220
Bank borrowings and overdrafts10,9859,300
Taxation and social security46,79843,921
Accrued liabilities and deferred income4,033674
Total62,21354,115
7.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts7,75017,050
Total7,75017,050
8.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
Stuart Warwick51,614027,77123,843
51,614027,77123,843