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REGISTERED NUMBER: 10703825 (England and Wales)

| S & W DESIGN & BUILD (GROUP) LIMITED |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 28 FEBRUARY 2025 |

S & W DESIGN & BUILD (GROUP) LIMITED (REGISTERED NUMBER: 10703825)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

| Page |

Company Information | 1 |

Statement of Financial Position | 2 |  | to |  | 3

Notes to the Financial Statements | 4 |  | to |  | 6

S & W DESIGN & BUILD (GROUP) LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 28 FEBRUARY 2025

| DIRECTORS: | R Whyles

| Mrs D L Nunn

| G P Whyles

| REGISTERED OFFICE: | S & W House

| Longhill Road

| March

| Cambridgeshire

| PE15 0BL

| REGISTERED NUMBER: | 10703825 (England and Wales)

| ACCOUNTANTS: | Duncan & Toplis Limited

| 4 Henley Way

| Doddington Road

| Lincoln

| Lincolnshire

| LN6 3QR

S & W DESIGN & BUILD (GROUP) LIMITED (REGISTERED NUMBER: 10703825)

STATEMENT OF FINANCIAL POSITION

28 FEBRUARY 2025

| 28.2.25 | 29.2.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investments | 4 | 1,000,000 |  | 1,000,000 |  |

Investment property | 5 | 8,783,832 |  | 8,217,224 |  |

9,783,832 |  | 9,217,224 |  |

CURRENT ASSETS

Debtors | 6 | 6,142 |  | 5,988 |  |

Cash at bank | 628,110 |  | 762,664 |  |

634,252 |  | 768,652 |  |

CREDITORS

Amounts falling due within one year | 7 | 134,345 |  | 256,747 |  |

NET CURRENT ASSETS | 499,907 |  | 511,905 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 10,283,739 |  | 9,729,129 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (1,232,564 | ) | (1,175,117 | ) |

PROVISIONS FOR LIABILITIES | (124,877 | ) | (94,906 | ) |

NET ASSETS | 8,926,298 |  | 8,459,106 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 100 |  | 100 |  |

Fair value reserve | 374,630 |  | 404,600 |  |

Other reserves | 999,900 |  | 999,900 |  |

Retained earnings | 7,551,668 |  | 7,054,506 |  |

SHAREHOLDERS' FUNDS | 8,926,298 |  | 8,459,106 |  |

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.

S & W DESIGN & BUILD (GROUP) LIMITED (REGISTERED NUMBER: 10703825)

STATEMENT OF FINANCIAL POSITION - continued

28 FEBRUARY 2025

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

S & W DESIGN & BUILD (GROUP) LIMITED (REGISTERED NUMBER: 10703825)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

1. | STATUTORY INFORMATION

| S & W Design & Build (Group) 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

| Investments in subsidiaries

| Investments in subsidiary undertakings are valued at the fair value of the consideration paid.

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the income statement.

| 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.

| Consolidation

| In the opinion of the directors, the company and its subsidiary undertakings comprise a small group. The company has therefore taken advantage of the exemption provided by Section 398 of the Companies Act 2006 not to prepare group financial statements. These financial statements therefore show only the results and balances relating to the parent company as an individual entity.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable net of trade discounts. The policies adopted for the recognition of turnover are as follows:

| Rental income

| When the outcome of a transaction can be estimated reliably, turnover from rental income. is recognised by reference to the date receivable.

| Where the date receivable cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

| Dividends receivable

| Dividend income is recognised as the company’s right to receive payment is established.

S & W DESIGN & BUILD (GROUP) LIMITED (REGISTERED NUMBER: 10703825)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2025

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 3 (2024 - 3 ) .

4. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| At 1 March 2024

| and 28 February 2025 | 1,000,000 |  |

| NET BOOK VALUE

| At 28 February 2025 | 1,000,000 |  |

| At 29 February 2024 | 1,000,000 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 March 2024 | 8,217,224 |  |

| Additions | 566,608 |  |

| At 28 February 2025 | 8,783,832 |  |

| NET BOOK VALUE

| At 28 February 2025 | 8,783,832 |  |

| At 29 February 2024 | 8,217,224 |  |

| Fair value at 28 February 2025 is represented by:

£ |

| Valuation in 2021 | 499,506 |  |

| Cost | 8,284,326 |  |

8,783,832 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 28.2.25 |  | 29.2.24

£ | £ |

| Trade debtors | - |  | 772 |  |

| Other debtors | 6,142 |  | 5,216 |  |

6,142 |  | 5,988 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 28.2.25 |  | 29.2.24

£ | £ |

| Bank loans and overdrafts | 61,881 |  | 180,246 |  |

| Trade creditors | 53,781 |  | 63,722 |  |

| Other creditors | 18,683 |  | 12,779 |  |

134,345 |  | 256,747 |  |

S & W DESIGN & BUILD (GROUP) LIMITED (REGISTERED NUMBER: 10703825)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2025

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 28.2.25 |  | 29.2.24

£ | £ |

| Bank loans | 1,232,564 |  | 1,175,117 |  |

9. | SECURED DEBTS

| The following secured debts are included within creditors:

| 28.2.25 |  | 29.2.24

£ | £ |

| Bank loans | 1,294,445 |  | 1,355,363 |  |

| The bank loans are secured on various properties owned by the company.

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 28.2.25 |  | 29.2.24

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

11. | CONTINGENT LIABILITIES

| S & W Design & Build (Group) Limited and its subsidiary undertakings 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.