Swanvale Management Ltd - Filleted accounts

Registered number

04389345

Swanvale Management Ltd

Filleted Accounts

31 March 2025

Swanvale Management Ltd
Registered number:		04389345
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		4,813,808			4,799,810

Current assets
Stocks		7,822,808			8,349,607
Debtors	4	1,462,820			1,146,528
Cash at bank and in hand		469,576			181,876
		9,755,204			9,678,011

Creditors: amounts falling due within one year	5	(1,107,472)			(543,674)

Net current assets			8,647,732			9,134,337

Total assets less current liabilities			13,461,540			13,934,147

Creditors: amounts falling due after more than one year	6		(12,836,578)			(13,696,733)



Net assets			624,962			237,414

Capital and reserves
Called up share capital			99			99
Profit and loss account			624,863			237,315

Shareholder's funds			624,962			237,414

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




G J Toomey
Director
Approved by the board on 8 September 2025

Swanvale Management Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Freehold buildings
	Depreciation is not provided on freehold buildings as these are maintained and improved where necessary to retain its value.


	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		0		0

3	Tangible fixed assets
					Land and buildings
£
	Cost
	At 1 April 2024				4,799,811
	Additions				13,997
	At 31 March 2025				4,813,808

	Depreciation
	At 31 March 2025				-

	Net book value
	At 31 March 2025				4,813,808
	At 31 March 2024				4,799,811


4	Debtors		2025		2024
£				£

	Trade debtors		151,843		64,340
	Other debtors		1,310,977		1,082,188
			1,462,820		1,146,528


5	Creditors: amounts falling due within one year		2025		2024
£				£

	Trade creditors		80,401		2,702
	Amounts owed to group undertakings and undertakings in which the company has a participating interest		423,500		323,500
	Taxation and social security costs		208,553		62,538
	Other creditors		395,018		154,934
			1,107,472		543,674


6	Creditors: amounts falling due after one year		2025		2024
£				£

	Other creditors		12,836,578		13,696,733


7	Other information

	Swanvale Management Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	5 Margaret Road
	Romford
	Essex
	RM2 5SH