Silverfin false false 31/10/2024 01/11/2023 31/10/2024 D A Ross 16/06/2010 G A Widdowson 16/06/2010 26 March 2025 The principal activity of the company continued to Other business support service activities not elsewhere classified 07286365 2024-10-31 07286365 bus:Director1 2024-10-31 07286365 bus:Director2 2024-10-31 07286365 core:CurrentFinancialInstruments 2024-10-31 07286365 core:CurrentFinancialInstruments 2023-10-31 07286365 2023-10-31 07286365 core:Non-currentFinancialInstruments 2024-10-31 07286365 core:Non-currentFinancialInstruments 2023-10-31 07286365 core:ShareCapital 2024-10-31 07286365 core:ShareCapital 2023-10-31 07286365 core:RetainedEarningsAccumulatedLosses 2024-10-31 07286365 core:RetainedEarningsAccumulatedLosses 2023-10-31 07286365 core:RemainingRelatedParties core:CurrentFinancialInstruments 2024-10-31 07286365 core:RemainingRelatedParties core:CurrentFinancialInstruments 2023-10-31 07286365 2023-11-01 2024-10-31 07286365 bus:FilletedAccounts 2023-11-01 2024-10-31 07286365 bus:SmallEntities 2023-11-01 2024-10-31 07286365 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 07286365 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 07286365 bus:Director1 2023-11-01 2024-10-31 07286365 bus:Director2 2023-11-01 2024-10-31 07286365 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure

Company No: 07286365 (England and Wales)

SW1 MANAGEMENT LIMITED

Unaudited Financial Statements
For the financial year ended 31 October 2024
Pages for filing with the registrar

SW1 MANAGEMENT LIMITED

Unaudited Financial Statements

For the financial year ended 31 October 2024

Contents

SW1 MANAGEMENT LIMITED

COMPANY INFORMATION

For the financial year ended 31 October 2024
SW1 MANAGEMENT LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 October 2024
DIRECTORS D A Ross
G A Widdowson
REGISTERED OFFICE The Kelling Estate Office
Kelling
NR25 7EW
United Kingdom
COMPANY NUMBER 07286365 (England and Wales)
ACCOUNTANT Gravita Essex Limited
Treviot House
186-192 High Road
Ilford
Essex
IG1 1LR
United Kingdom
SW1 MANAGEMENT LIMITED

BALANCE SHEET

As at 31 October 2024
SW1 MANAGEMENT LIMITED

BALANCE SHEET (continued)

As at 31 October 2024
Note 31.10.2024 31.10.2023
£ £
Current assets
Debtors 3 11,121,120 10,577,641
Cash at bank and in hand 184,284 228,021
11,305,404 10,805,662
Creditors: amounts falling due within one year 4 ( 98,821) ( 192,154)
Net current assets 11,206,583 10,613,508
Total assets less current liabilities 11,206,583 10,613,508
Creditors: amounts falling due after more than one year 5 ( 7,344,680) ( 7,344,680)
Net assets 3,861,903 3,268,828
Capital and reserves
Called-up share capital 1 1
Profit and loss account 3,861,902 3,268,827
Total shareholders' funds 3,861,903 3,268,828

For the financial year ending 31 October 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of SW1 Management Limited (registered number: 07286365) were approved and authorised for issue by the Board of Directors on 26 March 2025. They were signed on its behalf by:

D A Ross
Director
SW1 MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2024
SW1 MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

SW1 Management Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is The Kelling Estate Office, Kelling, NR25 7EW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover represents the total interest receivable from loans during the year.

Taxation

Current tax
Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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

2. Employees

31.10.2024 31.10.2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Debtors

31.10.2024 31.10.2023
£ £
Amounts owed by related parties 7,965,000 7,480,000
Other debtors 3,156,120 3,097,641
11,121,120 10,577,641

4. Creditors: amounts falling due within one year

31.10.2024 31.10.2023
£ £
Taxation and social security 98,821 192,154

5. Creditors: amounts falling due after more than one year

31.10.2024 31.10.2023
£ £
Other creditors 7,344,680 7,344,680