Caseware UK (AP4) 2024.0.164 2024.0.164 2024-10-312024-10-311falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-11-011falseNo description of principal activityfalsetrue 14414135 2023-11-01 2024-10-31 14414135 2022-10-12 2023-10-31 14414135 2024-10-31 14414135 2023-10-31 14414135 c:Director1 2023-11-01 2024-10-31 14414135 d:CurrentFinancialInstruments 2024-10-31 14414135 d:CurrentFinancialInstruments 2023-10-31 14414135 d:Non-currentFinancialInstruments 2024-10-31 14414135 d:Non-currentFinancialInstruments 2023-10-31 14414135 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 14414135 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 14414135 d:Non-currentFinancialInstruments d:AfterOneYear 2024-10-31 14414135 d:Non-currentFinancialInstruments d:AfterOneYear 2023-10-31 14414135 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-10-31 14414135 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-10-31 14414135 d:ShareCapital 2024-10-31 14414135 d:ShareCapital 2023-10-31 14414135 d:RetainedEarningsAccumulatedLosses 2024-10-31 14414135 d:RetainedEarningsAccumulatedLosses 2023-10-31 14414135 c:FRS102 2023-11-01 2024-10-31 14414135 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 14414135 c:FullAccounts 2023-11-01 2024-10-31 14414135 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 14414135 e:PoundSterling 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure

Registered number: 14414135









SWP SPV3 LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2024

 
SWP SPV3 LIMITED
REGISTERED NUMBER: 14414135

STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
 4 
629,643
164,779

Debtors: amounts falling due within one year
 5 
-
95,267

  
629,643
260,046

Creditors: amounts falling due within one year
 6 
(468,242)
(261,245)

Net current assets/(liabilities)
  
 
 
161,401
 
 
(1,199)

Total assets less current liabilities
  
161,401
(1,199)

Creditors: amounts falling due after more than one year
 7 
(163,800)
-

  

Net liabilities
  
(2,399)
(1,199)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(2,400)
(1,200)

  
(2,399)
(1,199)


Page 1

 
SWP SPV3 LIMITED
REGISTERED NUMBER: 14414135
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 OCTOBER 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 July 2025.




F G Roberts
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
SWP SPV3 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

SWP SPV3 Limited is a private company limited by shares and incorporated in England and Wales (registered number 14414135). The registered office address is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.
The financial statements are presented in Sterling, which is the functional currency of the company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

In assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the company. Given that the company is in a net deficit position the directors have obtained assurances from its immediate and ultimate parent company to continue to provide adequate funds to meet its obligations, and not to demand repayment of any funds to them, until the company is in a financial position to do so.
As a result, the directors consider it appropriate to prepare the financial statements on a going concern basis.

 
2.3

Borrowing costs

Borrowing cost directly attributable to acquisition, construction and production of qualifying asset are capitalised. All the other borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.4

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 3

 
SWP SPV3 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Stocks

2024
2023
£
£

Property stock
629,643
164,779

629,643
164,779



5.


Debtors

2024
2023
£
£


Other debtors
-
95,267

-
95,267



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
20,091
59,651

Amounts owed to group undertakings
446,951
200,394

Accruals and deferred income
1,200
1,200

468,242
261,245


Page 4

 
SWP SPV3 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other loans
163,800
-

163,800
-



8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£



Amounts falling due 2-5 years

Other loans
163,800
-


163,800
-


163,800
-


 
Page 5