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REGISTERED NUMBER: 02338584 (England and Wales)











Unaudited Financial Statements

for the Year Ended 28 February 2025

for

SRW Investments Limited

SRW Investments Limited (Registered number: 02338584)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SRW Investments Limited

Company Information
for the Year Ended 28 February 2025







DIRECTORS: D Chatt
Mrs A J Chatt
Miss R J Mudd





REGISTERED OFFICE: Unit 4 Harbour Way
Shoreham Beach
Shoreham By Sea
West Sussex
BN43 5HZ





REGISTERED NUMBER: 02338584 (England and Wales)





ACCOUNTANTS: Reeves Wilkinson Limited trading as Botting & Co
Chartered Certified Accountants
41b Beach Road
Littlehampton
West Sussex
BN17 5JA

SRW Investments Limited (Registered number: 02338584)

Balance Sheet
28 February 2025

28.2.25 29.2.24
Notes £    £   
FIXED ASSETS
Tangible assets 4 741,179 750,179
Investments 5 1 1
741,180 750,180

CURRENT ASSETS
Debtors 6 4,919 2,176
Cash at bank 749,741 478,421
754,660 480,597
CREDITORS
Amounts falling due within one year 7 (19,814 ) (5,511 )
NET CURRENT ASSETS 734,846 475,086
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,476,026

1,225,266

PROVISIONS FOR LIABILITIES (136,335 ) (136,335 )
NET ASSETS 1,339,691 1,088,931

CAPITAL AND RESERVES
Called up share capital 7,778 7,778
Revaluation reserve 8 634,329 634,329
Capital redemption reserve 2,222 2,222
Retained earnings 695,362 444,602
SHAREHOLDERS' FUNDS 1,339,691 1,088,931

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

SRW Investments Limited (Registered number: 02338584)

Balance Sheet - continued
28 February 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 May 2025 and were signed on its behalf by:





D Chatt - Director


SRW Investments Limited (Registered number: 02338584)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

SRW Investments Limited 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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - in accordance with the property
Motor vehicles - 20% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 3 (2024 - 3 ) .

SRW Investments Limited (Registered number: 02338584)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

4. TANGIBLE FIXED ASSETS
Freehold Motor
property vehicles Totals
£    £    £   
COST OR VALUATION
At 1 March 2024
and 28 February 2025 885,638 65,455 951,093
DEPRECIATION
At 1 March 2024 150,992 49,922 200,914
Charge for year 5,117 3,883 9,000
At 28 February 2025 156,109 53,805 209,914
NET BOOK VALUE
At 28 February 2025 729,529 11,650 741,179
At 29 February 2024 734,646 15,533 750,179

Cost or valuation at 28 February 2025 is represented by:

Freehold Motor
property vehicles Totals
£    £    £   
Valuation in 2021 718,536 - 718,536
Cost 167,102 65,455 232,557
885,638 65,455 951,093

5. FIXED ASSET INVESTMENTS

The fixed asset investment comprises a 100% holding in Sussex Refrigeration Wholesale Ltd (company number 10580602), a company incorporated on 24th January 2017.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Other debtors 4,919 2,176

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade creditors 12,022 1
Taxation and social security 4,194 2,168
Other creditors 3,598 3,342
19,814 5,511

8. RESERVES

Revaluation reserve represents the fair value uplift on the value of the company's land and buildings at Harbour Way, Shoreham by Sea, West Sussex.