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REGISTERED NUMBER: 12170239 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

S W Automotive Solutions Ltd

S W Automotive Solutions Ltd (Registered number: 12170239)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


S W Automotive Solutions Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTOR: S D Williams





REGISTERED OFFICE: First Floor Office Westerham Garage
190 London Road
Westerham
Kent
TN16 2DJ





REGISTERED NUMBER: 12170239 (England and Wales)





ACCOUNTANTS: AFS Accountants
1st Floor Office
190 London Road
Westerham
Kent
TN16 2DJ

S W Automotive Solutions Ltd (Registered number: 12170239)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 88,700 101,200
Tangible assets 5 31,193 40,496
119,893 141,696

CURRENT ASSETS
Debtors 6 15,691 14,317
Cash at bank and in hand 122,586 96,260
138,277 110,577
CREDITORS
Amounts falling due within one year 7 208,241 216,775
NET CURRENT LIABILITIES (69,964 ) (106,198 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

49,929

35,498

CREDITORS
Amounts falling due after more than one year 8 703 5,627
NET ASSETS 49,226 29,871

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 49,126 29,771
49,226 29,871

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Automotive Solutions Ltd (Registered number: 12170239)

Balance Sheet - continued
31 August 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 13 May 2025 and were signed by:





S D Williams - Director


S W Automotive Solutions Ltd (Registered number: 12170239)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

S W Automotive Solutions 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 2020, is being amortised evenly over its estimated useful life of ten years.

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.

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 8 (2023 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2023
and 31 August 2024 150,000
AMORTISATION
At 1 September 2023 48,800
Charge for year 12,500
At 31 August 2024 61,300
NET BOOK VALUE
At 31 August 2024 88,700
At 31 August 2023 101,200

S W Automotive Solutions Ltd (Registered number: 12170239)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023 84,080
Additions 3,855
Disposals (4,850 )
At 31 August 2024 83,085
DEPRECIATION
At 1 September 2023 43,584
Charge for year 10,398
Eliminated on disposal (2,090 )
At 31 August 2024 51,892
NET BOOK VALUE
At 31 August 2024 31,193
At 31 August 2023 40,496

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 15,691 14,317

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 18,200 28,357
Trade creditors 45,075 29,112
Taxation and social security 44,746 27,405
Other creditors 100,220 131,901
208,241 216,775

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Hire purchase contracts 703 5,627