Company No: 05722238 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Paul Antony Stead
	Andrew William Wilson

SECRETARY

Rebecca Wilson

REGISTERED OFFICE	Suite 11 Sandown House
	Sandbeck Way
	Wetherby
	LS22 7DN
	United Kingdom

COMPANY NUMBER

05722238 (England and Wales)

ACCOUNTANT	Morrell Middleton Auditors Ltd Chartered Certified Accountants
	Wellington House
	Aviator Court
	York
	YO30 4UZ

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	28,708		17,211
		28,708		17,211
Current assets
Debtors	4	97,660		36,147
Cash at bank and in hand	5	34		33
		97,694		36,180
Creditors: amounts falling due within one year	6	( 118,126)		( 47,996)
Net current liabilities		(20,432)		(11,816)
Total assets less current liabilities		8,276		5,395
Provision for liabilities	7, 8	( 7,177)		( 4,303)
Net assets		1,099		1,092
Capital and reserves
Called-up share capital	9	1,000		1,000
Profit and loss account		99		92
Total shareholders' funds		1,099		1,092

For the financial year ending 31 March 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 & W Building Services Limited (registered number: 05722238) were approved and authorised for issue by the Board of Directors on 24 July 2025. They were signed on its behalf by:

Andrew William Wilson 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 & W Building Services 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 Suite 11 Sandown House, Sandbeck Way, Wetherby, LS22 7DN, 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 is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Income and Retained Earnings in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

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 current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

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 or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

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.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	4		4

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 April 2024	41,711		41,711
Additions	15,800		15,800
At 31 March 2025	57,511		57,511
Accumulated depreciation
At 01 April 2024	24,500		24,500
Charge for the financial year	4,303		4,303
At 31 March 2025	28,803		28,803
Net book value
At 31 March 2025	28,708		28,708
At 31 March 2024	17,211		17,211

4. Debtors

	2025		2024
	£		£
Trade debtors	63,064		17,125
Other debtors	34,596		19,022
	97,660		36,147

5. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	34		33
Less: Bank overdrafts	( 18,966)		( 1,056)
	(18,932)		(1,023)

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans and overdrafts (secured)	18,966		4,111
Trade creditors	40,684		16,931
Taxation and social security	22,806		16,739
Other creditors	35,670		10,215
	118,126		47,996

7. Provision for liabilities

	2025		2024
	£		£
Deferred tax	7,177		4,303

8. Deferred tax

	2025		2024
	£		£
At the beginning of financial year	( 4,303)		( 7,374)
(Charged)/credited to the Statement of Income and Retained Earnings	( 2,874)		3,071
At the end of financial year	( 7,177)		( 4,303)

9. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
1,000 Ordinary shares of £ 1.00 each	1,000		1,000