Company Registration No. 09360410 (England and Wales)
S & W ENTERPRISE (UK) LIMITED
Unaudited accounts
for the year ended 31 December 2024
S & W ENTERPRISE (UK) LIMITED
Unaudited accounts
Contents
S & W ENTERPRISE (UK) LIMITED
Company Information
for the year ended 31 December 2024
Directors
CHI FAI WONG
CHI CHEONG WONG
KIN PING WONG
Company Number
09360410 (England and Wales)
Registered Office
UNIT 1 ASHMEAD BUSINESS CENTRE
NORTH CRESCENT
LONDON
E16 4TG
ENGLAND
S & W ENTERPRISE (UK) LIMITED
Statement of financial position
as at 31 December 2024
Investment property
2,376,822
2,316,822
Cash at bank and in hand
20,887
17,134
Creditors: amounts falling due within one year
(144,959)
(121,363)
Net current liabilities
(124,072)
(44,229)
Total assets less current liabilities
2,252,750
2,272,593
Creditors: amounts falling due after more than one year
(2,127,376)
(2,163,558)
Provisions for liabilities
Other provisions
(16,334)
-
Net assets
109,040
109,035
Called up share capital
400
400
Profit and loss account
108,640
108,635
Shareholders' funds
109,040
109,035
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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 18 August 2025 and were signed on its behalf by
CHI FAI WONG
Director
Company Registration No. 09360410
S & W ENTERPRISE (UK) LIMITED
Notes to the Accounts
for the year ended 31 December 2024
S & W ENTERPRISE (UK) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09360410. The registered office is UNIT 1 ASHMEAD BUSINESS CENTRE, NORTH CRESCENT, LONDON, E16 4TG, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 January 2024
2,316,822
At 31 December 2024
2,376,822
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
49,707
49,707
Taxes and social security
-
5,674
Loans from directors
95,252
65,945
S & W ENTERPRISE (UK) LIMITED
Notes to the Accounts
for the year ended 31 December 2024
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
208,582
244,764
Other creditors
1,918,794
1,918,794
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).