Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 04419059 Mr Thomas Griffiths Mr Stephen Griffiths false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04419059 2023-12-31 04419059 2024-12-31 04419059 2024-01-01 2024-12-31 04419059 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 04419059 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 04419059 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 04419059 frs-core:RevaluationReserve 2023-12-31 04419059 frs-core:RevaluationReserve 2024-12-31 04419059 frs-core:SharePremium 2024-12-31 04419059 frs-core:ShareCapital 2024-12-31 04419059 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 04419059 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04419059 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 04419059 frs-bus:SmallEntities 2024-01-01 2024-12-31 04419059 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04419059 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04419059 1 2024-01-01 2024-12-31 04419059 frs-core:CostValuation 2023-12-31 04419059 frs-core:CostValuation 2024-12-31 04419059 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 04419059 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 04419059 frs-bus:Director1 2024-01-01 2024-12-31 04419059 frs-bus:Director2 2024-01-01 2024-12-31 04419059 frs-countries:EnglandWales 2024-01-01 2024-12-31 04419059 2022-12-31 04419059 2023-12-31 04419059 2023-01-01 2023-12-31 04419059 frs-core:RevaluationReserve 2023-12-31 04419059 frs-core:SharePremium 2023-12-31 04419059 frs-core:ShareCapital 2023-12-31 04419059 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 04419059
SWSL Holdings Limited
Financial Statements
For The Year Ended 31 December 2024
Devonports LAS Accountants Ltd
Cumberland House
24 - 28 Baxter Avenue
Southend on Sea
Essex
SS2 6HZ
SWSL Holdings Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
SWSL Holdings Limited
Balance Sheet
As At 31 December 2024
Balance Sheet
Registered number: 04419059

| 2024 | 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 1,180,000 |  | 1,180,000
Investments | 5 |  | 411,820 |  | 411,820
|  |  | 1,591,820 |  | 1,591,820
CURRENT ASSETS
Debtors | 6 | 391,385 |  | 357,623 |
Cash at bank and in hand |  | 200 |  | 200 |
|  | 391,585 |  | 357,823 |
Creditors: Amounts Falling Due Within One Year | 7 | (308,195 ) |  | (274,433 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 83,390 |  | 83,390
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,675,210 |  | 1,675,210
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (200,332 ) |  | (200,332 )
NET ASSETS |  |  | 1,474,878 |  | 1,474,878
CAPITAL AND RESERVES
Called up share capital | 8 |  | 717 |  | 717
Share premium account |  |  | 179,782 |  | 179,782
Revaluation reserve | 9 |  | 1,001,662 |  | 1,001,662
Profit and Loss Account |  |  | 292,717 |  | 292,717
SHAREHOLDERS' FUNDS |  |  | 1,474,878 |  | 1,474,878

Page 1
Page 2
SWSL Holdings Limited
Balance Sheet (continued)
As At 31 December 2024
For the year ending 31 December 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr Stephen Griffiths Director
11/03/2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
SWSL Holdings Limited
Notes to the Financial Statements
For The Year Ended 31 December 2024
Notes to the Financial Statements
1. General Information
SWSL Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04419059 . The registered office is 17 Gold Street, Saffron Walden, Essex, CB10 1EN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold | No charge

A valuation of the company's property was carried out in June 2017 by Bidwells Estate Agents and Property Consultants and the Directors consider that no material changes has affected this to date.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets

| Land & Property
--- | ---
| Freehold
| £
Cost
As at 1 January 2024 | 1,180,000
As at 31 December 2024 | 1,180,000
Net Book Value
As at 31 December 2024 | 1,180,000
As at 1 January 2024 | 1,180,000

Page 3
Page 4
SWSL Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
5. Investments

| Subsidiaries
--- | ---
| £
Cost
As at 1 January 2024 | 411,820
As at 31 December 2024 | 411,820
Provision
As at 1 January 2024 | -
As at 31 December 2024 | -
Net Book Value
As at 31 December 2024 | 411,820
As at 1 January 2024 | 411,820

6. Debtors

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | 391,385 |  | 357,623

7. Creditors: Amounts Falling Due Within One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Other creditors | 308,195 |  | 274,433

8. Share Capital

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 717 |  | 717

9. Reserves

| Revaluation Reserve
--- | ---
| £
As at 1 January 2024 | 1,001,662
As at 31 December 2024 | 1,001,662

Page 4
Page 5
SWSL Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
10. Related Party Transactions
Included in other debtors is £338,654 (2023: £337,772) due from Gold Street Laundry Limited, a subsidiary, interest is being accrued on this loan.
Also included in other debtors is £52,731 (2023: £19,851) due from The Saffron Walden Steam Laundry Company Limited, a subsidiary, no interest is charged on this loan.
Interest is being charged on the credit balance on the directors loan account balance and this in turn is being charged on to the subsidiary for which the funds were used as above.
11. Controlling Party
Mr S Griffiths, the director owns one third of the company's share capital. There is no person or party to who, without acting in concert with other parties, would be able to control the company.
Page 5