SW TEXTILES LTD

Company Registration Number:
NI608170 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

SW TEXTILES LTD

Contents of the Financial Statements

for the Period Ended 31 July 2024

Balance sheet
Notes

SW TEXTILES LTD

Balance sheet

As at 31 July 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 27,593 31,533
Tangible assets: 4 66,278 52,321
Total fixed assets: 93,871 83,854
Current assets
Stocks: 705,000 735,200
Debtors:   220,014 235,362
Cash at bank and in hand: 410,117 366,222
Total current assets: 1,335,131 1,336,784
Creditors: amounts falling due within one year:   (237,292) (335,202)
Net current assets (liabilities): 1,097,839 1,001,582
Total assets less current liabilities: 1,191,710 1,085,436
Creditors: amounts falling due after more than one year:   (7,500) (12,500)
Total net assets (liabilities): 1,184,210 1,072,936
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,184,110 1,072,836
Shareholders funds: 1,184,210 1,072,936

The notes form part of these financial statements

SW TEXTILES LTD

Balance sheet statements

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 13 June 2025
and signed on behalf of the board by:

Name: SHANE WILSON
Status: Director

The notes form part of these financial statements

SW TEXTILES LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SW TEXTILES LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

2. Employees

2024 2023
Average number of employees during the period 9 7

SW TEXTILES LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Intangible Assets

Total
Cost £
At 01 August 2023 78,836
At 31 July 2024 78,836
Amortisation
At 01 August 2023 47,303
Charge for year 3,940
At 31 July 2024 51,243
Net book value
At 31 July 2024 27,593
At 31 July 2023 31,533

SW TEXTILES LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Tangible Assets

Total
Cost £
At 01 August 2023 151,562
Additions 39,662
Disposals (19,789)
At 31 July 2024 171,435
Depreciation
At 01 August 2023 99,241
Charge for year 10,863
On disposals (4,947)
At 31 July 2024 105,157
Net book value
At 31 July 2024 66,278
At 31 July 2023 52,321