2023-08-01 2024-07-31 false Capium Accounts Production 1.1 12747786 2023-08-01 2024-07-31 12747786 bus:FullAccounts 2023-08-01 2024-07-31 12747786 bus:FRS102 2023-08-01 2024-07-31 12747786 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 12747786 bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 12747786 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 12747786 2023-08-01 2024-07-31 12747786 2024-07-31 12747786 bus:RegisteredOffice 2023-08-01 2024-07-31 12747786 core:WithinOneYear 2024-07-31 12747786 core:AfterOneYear 2024-07-31 12747786 1 2023-08-01 2024-07-31 12747786 bus:Director1 2023-08-01 2024-07-31 12747786 bus:Director1 2024-07-31 12747786 bus:Director1 2022-08-01 2023-07-31 12747786 bus:Director2 2023-08-01 2024-07-31 12747786 bus:Director2 2024-07-31 12747786 bus:Director2 2022-08-01 2023-07-31 12747786 2022-08-01 12747786 bus:LeadAgentIfApplicable 2023-08-01 2024-07-31 12747786 2022-08-01 2023-07-31 12747786 2023-07-31 12747786 core:WithinOneYear 2023-07-31 12747786 core:AfterOneYear 2023-07-31 12747786 bus:EntityAccountantsOrAuditors 2022-08-01 2023-07-31 12747786 core:PlantMachinery 2023-08-01 2024-07-31 12747786 core:PlantMachinery 2024-07-31 12747786 core:PlantMachinery 2023-07-31 12747786 core:MotorCars 2023-08-01 2024-07-31 12747786 core:MotorCars 2024-07-31 12747786 core:MotorCars 2023-07-31 12747786 core:ComputerEquipment 2023-08-01 2024-07-31 12747786 core:ComputerEquipment 2024-07-31 12747786 core:ComputerEquipment 2023-07-31 12747786 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-07-31 12747786 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-07-31 12747786 core:CostValuation core:Non-currentFinancialInstruments 2024-07-31 12747786 core:CostValuation core:Non-currentFinancialInstruments 2023-07-31 12747786 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-07-31 12747786 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-07-31 12747786 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-07-31 12747786 core:Non-currentFinancialInstruments 2024-07-31 12747786 core:Non-currentFinancialInstruments 2023-07-31 12747786 core:ShareCapital 2024-07-31 12747786 core:ShareCapital 2023-07-31 12747786 core:RetainedEarningsAccumulatedLosses 2024-07-31 12747786 core:RetainedEarningsAccumulatedLosses 2023-07-31 12747786 dpl:Item1 2023-08-01 12747786 dpl:Item1 2024-07-31 12747786 dpl:Item1 2022-08-01 12747786 dpl:Item1 2023-07-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 12747786
England and Wales

 

 

 

SOUTH WESTERN GROUP LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 01 August 2023

End date: 31 July 2024
Directors Robert James Witts
Lee Foster
Registered Number 12747786
Registered Office The Bristol Office, 2nd Floor 5 High Street
Westbury On Trym
Bristol
BS9 3BY
Accountants GD Matthews Chartered Certified Accountants
Shortwood Mead
Whitehouse Lane
Litton
BA3 4PS
1
Report to the directors on the preparation of the unaudited statutory accounts of South Western Group Ltd for the year ended 31 July 2024.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of South Western Group Ltd for the year ended 31 July 2024 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/.
This report is made solely to the Board of Directors of South Western Group Ltd, as a body, in accordance with the terms of our engagement letter dated 22 April 2025. Our work has been undertaken solely to prepare for your approval the accounts of South Western Group Ltd and state those matters that we have agreed to state to the Board of Directors of South Western Group Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than South Western Group Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that South Western Group Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of South Western Group Ltd. You consider that South Western Group Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of South Western Group Ltd. 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 accounts
31 July 2024.



....................................................
GD Matthews Chartered Certified Accountants
Shortwood Mead
Whitehouse Lane
Litton
BA3 4PS
22 April 2025
2
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 443,940    261,915 
443,940    261,915 
Current assets      
Debtors 4 374,298    379,666 
Cash at bank and in hand 80,444    21,920 
454,742    401,586 
Creditors: amount falling due within one year 5 (182,883)   (193,159)
Net current assets 271,859    208,427 
 
Total assets less current liabilities 715,799    470,342 
Creditors: amount falling due after more than one year 6 (148,368)   (130,763)
Provisions for liabilities 7 (110,985)   (65,479)
Net assets 456,446    274,100 
 

Capital and reserves
     
Called up share capital 2    2 
Profit and loss account 456,444    274,098 
Shareholders' funds 456,446    274,100 
 


For the year ended 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the board of directors on 22 April 2025 and were signed on its behalf by:


-------------------------------
Robert James Witts
Director
3
General Information
South Western Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 12747786, registration address The Bristol Office, 2nd Floor 5 High Street , Westbury On Trym , Bristol , BS9 3BY.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Finance lease and hire purchase charges
The finance element of the rental payment is charged to the income statement on a straight line basis.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Preference dividends
Where preference shares are classed as liabilities rather than equity any preference dividends paid are included in interest payable and similar charges within the income statement.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment 25% Straight Line
Plant and Machinery 25% Straight Line
Motor Vehicles 25% Reducing Balance
Assets on finance lease and hire purchase
Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 28 (2023 : 26).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Motor Vehicles   Computer Equipment   Total
  £   £   £   £
At 01 August 2023 29,097    363,652    9,818    402,567 
Additions 26,403    266,540    8,115    301,058 
Disposals   (17,000)     (17,000)
At 31 July 2024 55,500    613,192    17,933    686,625 
Depreciation
At 01 August 2023 10,706    126,270    3,676    140,652 
Charge for year 11,244    95,721    3,701    110,666 
On disposals   (8,633)     (8,633)
At 31 July 2024 21,950    213,358    7,377    242,685 
Net book values
Closing balance as at 31 July 2024 33,550    399,834    10,556    443,940 
Opening balance as at 01 August 2023 18,391    237,382    6,142    261,915 


4.

Debtors: amounts falling due within one year

2024
£
  2023
£
Trade Debtors 230,672    94,577 
Prepayments & Accrued Income 1,286    143 
Other Debtors 97,043    264,132 
Directors' Current Accounts 2,245   
VAT 43,052    20,814 
374,298    379,666 

5.

Creditors: amount falling due within one year

2024
£
  2023
£
Trade Creditors 25,304    24,631 
Corporation Tax 40,661    20,227 
CIS Control Account 3,447    1,247 
Accrued Expenses   2 
Other Creditors (2,326)   1,069 
Obligations under HP/Financial Leases 115,797    74,207 
Directors' Current Accounts   71,776 
182,883    193,159 

6.

Creditors: amount falling due after more than one year

2024
£
  2023
£
Obligations Under HP/Financial Leases 148,368    130,763 
148,368    130,763 

7.

Provisions for liabilities

2024
£
  2023
£
Deferred Tax 110,985    65,479 
110,985    65,479 

8.

Director’s loan

Directors Loans

As at 31 July 2024 a total of £24,293 (2023: £71,776) was owed to the directors. 
4