REGISTERED NUMBER: 06015296 (England and Wales)

S & W DESIGN & BUILD LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

to

4

DIRECTORS:

R Whyles

Mrs D L Nunn

SECRETARY:

Mrs D L Nunn

REGISTERED OFFICE:

S & W House

Longhill Road

March

Cambridgeshire

PE15 0BL

REGISTERED NUMBER:

06015296 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

4 Henley Way

Doddington Road

Lincoln

Lincolnshire

LN6 3QR

FIXED ASSETS

Tangible assets

4

203,579

219,872

CURRENT ASSETS

Stocks

20,075

18,163

Debtors

5

2,772,245

1,167,505

Cash at bank and in hand

669,138

663,708

3,461,458

1,849,376

CREDITORS

Amounts falling due within one year

6

1,117,107

604,741

NET CURRENT ASSETS

2,344,351

1,244,635

TOTAL ASSETS LESS CURRENT LIABILITIES

2,547,930

1,464,507

PROVISIONS FOR LIABILITIES

24,459

37,160

NET ASSETS

2,523,471

1,427,347

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

2,523,371

1,427,247

SHAREHOLDERS' FUNDS

2,523,471

1,427,347

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2025 and were signed on its behalf by:

Mrs D L Nunn - Director

1.	STATUTORY INFORMATION

S & W Design & Build Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Services provided to clients during the year, which at the balance sheet date have not been billed to clients, have been recognised as turnover in accordance with the Financial Reporting Standard 5 'Reporting the substance of transactions : Application Note G Revenue Recognition'. Turnover recognised in this manner is based on an assessment of the fair value of the services provided at the balance sheet date as a proportion of the total value of the engagement. Provision is made against unbilled amounts on those engagements where the right to receive payment is contingent on factors outside the control of the company. Unbilled revenue is included in debtors.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the income statement in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2024

527,028

Additions

54,474

Disposals

(23,602

)

At 28 February 2025

557,900

DEPRECIATION

At 1 March 2024

307,156

Charge for year

67,864

Eliminated on disposal

(20,699

)

At 28 February 2025

354,321

NET BOOK VALUE

At 28 February 2025

203,579

At 29 February 2024

219,872

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade debtors

2,214,946

611,967

Other debtors

557,299

555,538

2,772,245

1,167,505

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade creditors

307,024

191,921

Taxation and social security

722,254

344,906

Other creditors

87,829

67,914

1,117,107

604,741

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.25

29.2.24

value:

£

£

100

Ordinary

£1

100

100

8.	CONTINGENT LIABILITIES

S & W Design & Build Limited and its parent company are part of a group for arranging borrowing requirements.

The group companies are subject to cross guarantee arrangements and as such S & W Design & Build Limited has guaranteed the charges for S & W Design & Build (Group) Limited in relation to the properties owned by S & W Design & Build (Group) Limited.