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REGISTERED NUMBER: 04823986 (England and Wales)















S W Group Holdings Ltd

Unaudited Financial Statements

For The Year Ended 31st July 2024






S W Group Holdings Ltd (Registered number: 04823986)

Contents of the Financial Statements
For The Year Ended 31st July 2024










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 8


S W Group Holdings Ltd

Company Information
For The Year Ended 31st July 2024







DIRECTOR: I J Melton





SECRETARY:





REGISTERED OFFICE: Unit 81 Centaur Court
Claydon Business Park
Gt. Blakenham
Ipswich
Suffolk
IP6 0NL





REGISTERED NUMBER: 04823986 (England and Wales)





ACCOUNTANTS: John Phillips & Co Limited
Accountants
Unit 81 Centaur Court
Claydon Business Park
Gt. Blakenham
Ipswich
Suffolk
IP6 0NL

S W Group Holdings Ltd (Registered number: 04823986)

Balance Sheet
31st July 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 165,000 165,000
Tangible assets 5 1,757,519 1,804,323
1,922,519 1,969,323

CURRENT ASSETS
Stocks 6 15,000 14,000
Debtors 7 181,002 178,037
Prepayments and accrued income 12,309 11,317
Cash at bank 1,537,077 1,486,569
1,745,388 1,689,923
CREDITORS
Amounts falling due within one year 8 21,093 7,688
NET CURRENT ASSETS 1,724,295 1,682,235
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,646,814

3,651,558

CAPITAL AND RESERVES
Called up share capital 9 253 253
Retained earnings 10 3,646,561 3,651,305
SHAREHOLDERS' FUNDS 3,646,814 3,651,558

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 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.

S W Group Holdings Ltd (Registered number: 04823986)

Balance Sheet - continued
31st July 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 11th February 2025 and were signed by:





I J Melton - Director


S W Group Holdings Ltd (Registered number: 04823986)

Notes to the Financial Statements
For The Year Ended 31st July 2024


1. STATUTORY INFORMATION

S W Group Holdings 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% 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.


S W Group Holdings Ltd (Registered number: 04823986)

Notes to the Financial Statements - continued
For The Year Ended 31st July 2024


2. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
The company operates a defined benefit pension scheme. The regular pension cost is charged to the profit and loss account and is based on the expected pension costs over the service life of the employees.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st August 2023
and 31st July 2024 165,000
NET BOOK VALUE
At 31st July 2024 165,000
At 31st July 2023 165,000

S W Group Holdings Ltd (Registered number: 04823986)

Notes to the Financial Statements - continued
For The Year Ended 31st July 2024


5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1st August 2023 1,661,236 601,076 7,780
Disposals - (83,998 ) (7,780 )
At 31st July 2024 1,661,236 517,078 -
DEPRECIATION
At 1st August 2023 - 509,770 7,780
Charge for year - 23,833 -
Eliminated on disposal - (75,264 ) (7,780 )
At 31st July 2024 - 458,339 -
NET BOOK VALUE
At 31st July 2024 1,661,236 58,739 -
At 31st July 2023 1,661,236 91,306 -

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1st August 2023 207,996 5,598 2,483,686
Disposals (12,900 ) (4,649 ) (109,327 )
At 31st July 2024 195,096 949 2,374,359
DEPRECIATION
At 1st August 2023 156,646 5,167 679,363
Charge for year 12,838 108 36,779
Eliminated on disposal (11,609 ) (4,649 ) (99,302 )
At 31st July 2024 157,875 626 616,840
NET BOOK VALUE
At 31st July 2024 37,221 323 1,757,519
At 31st July 2023 51,350 431 1,804,323

S W Group Holdings Ltd (Registered number: 04823986)

Notes to the Financial Statements - continued
For The Year Ended 31st July 2024


6. STOCKS
2024 2023
£    £   
Stocks 15,000 14,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 12,503 9,226
Other debtors 160,000 160,000
Directors' loan accounts 8,499 8,811
181,002 178,037

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 6,089 1,301
Tax 10,234 1,669
Social security and other taxes (82 ) (82 )
VAT 3,652 3,600
Accrued expenses 1,200 1,200
21,093 7,688

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
250 Ordinary "A" Voting £1 250 250
2 Ordinary "B" Non-Voting £1 2 2
1 Ordinary "C" Non-voting £1 1 1
253 253

S W Group Holdings Ltd (Registered number: 04823986)

Notes to the Financial Statements - continued
For The Year Ended 31st July 2024


10. RESERVES
Retained
earnings
£   

At 1st August 2023 3,651,305
Profit for the year 31,456
Dividends (36,200 )
At 31st July 2024 3,646,561