Company No: 04699681 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	8,202		10,579
		8,202		10,579
Current assets
Debtors	4	9,262		11,263
Cash at bank and in hand		2,187		2,889
		11,449		14,152
Creditors: amounts falling due within one year	5	( 31,237)		( 6,270)
Net current (liabilities)/assets		(19,788)		7,882
Total assets less current liabilities		(11,586)		18,461
Creditors: amounts falling due after more than one year	6	( 14,768)		( 19,842)
Net liabilities		( 26,354)		( 1,381)
Capital and reserves
Called-up share capital		0		0
Profit and loss account		( 26,354 )		( 1,381 )
Total shareholders' deficit		( 26,354)		( 1,381)

For the financial year ending 30 April 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of S&WWH Limited (registered number: 04699681) were approved and authorised for issue by the Board of Directors on 18 August 2025. They were signed on its behalf by:

N I Podmore Director		L H R Skinner Director
C Smart Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

S&WWH Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Hitchcock House Hilltop Park, Devizes Road, Salisbury, SP3 4UF, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover represents the total invoice value of subscriptions and sales made during the year, net of Value Added Tax and trade discounts.
Subscription income is recognised over the period to which it relates. Sales are recognised when the goods are physically purchased by the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Leasehold improvements	15 % reducing balance
Plant and machinery	25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	7		7

3. Tangible assets

	Leasehold improve- ments		Plant and machinery		Total
	£		£		£
Cost
At 01 May 2024	7,191		41,009		48,200
Additions	0		245		245
At 30 April 2025	7,191		41,254		48,445
Accumulated depreciation
At 01 May 2024	6,347		31,274		37,621
Charge for the financial year	127		2,495		2,622
At 30 April 2025	6,474		33,769		40,243
Net book value
At 30 April 2025	717		7,485		8,202
At 30 April 2024	844		9,735		10,579

4. Debtors

	2025		2024
	£		£
Other debtors	9,262		11,263

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	4,876		4,815
Amounts owed to directors	25,000		0
Accruals	1,200		1,150
Taxation and social security	161		305
	31,237		6,270

6. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	14,768		19,842

There are no amounts included above in respect of which any security has been given by the small entity.