S & W (HOLDINGS) LIMITED


Directors	HARTLEY, Hayley
	WALSH, Carmel
	WALSH, Seamus


Company Secretary	HARTLEY, Haley


Registered Address	71 The Orchard
	Winchmore Hill
	N21 2DJ


Registered Number	03276597 (England and Wales)

Statement of Financial Position
30 June 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		1,734,448		1,734,454
			1,734,448		1,734,454
Current assets
Debtors		150,104		152,441
Cash at bank and on hand		2,160,568		1,959,779
		2,310,672		2,112,220
Creditors amounts falling due within one year	4	(101,741)		(42,873)
Net current assets (liabilities)			2,208,931		2,069,347
Total assets less current liabilities			3,943,379		3,803,801
Net assets			3,943,379		3,803,801
Capital and reserves
Called up share capital			30		30
Revaluation reserve			1,222,971		1,222,971
Profit and loss account			2,720,378		2,580,800
Shareholders' funds			3,943,379		3,803,801

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 8 September 2025, and are signed on its behalf by:

WALSH, Seamus
Director
Registered Company No. 03276597

S & W (HOLDINGS) LIMITED

Notes to the Financial Statements
for the year ended 30 June 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Fixtures and fittings	25

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Land & buildings	Fixtures & fittings	Total
	£	£	£
Cost or valuation
At 01 July 24	1,734,431	8,711	1,743,142
At 30 June 25	1,734,431	8,711	1,743,142
Depreciation and impairment
At 01 July 24	-	8,688	8,688
Charge for year	-	6	6
At 30 June 25	-	8,694	8,694
Net book value
At 30 June 25	1,734,431	17	1,734,448
At 30 June 24	1,734,431	23	1,734,454

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	2,285	-
Taxation and social security	89,284	34,109
Other creditors	2,567	1,248
Accrued liabilities and deferred income	7,605	7,516
Total	101,741	42,873


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

5.	Related party transactions
	The Company was under the control of Mr Walsh throughout the current and the previous year. Mr Walsh is the managing director and majority shareholder. The Company owed the director £2,567, (2024:£1,248) The director was paid a dividend of £27,600, (2024:£59,000)