SWORD ENGINEERING LTD

Company Registration Number:
10580094 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2025

Period of accounts

Start date: 01 February 2024

End date: 31 January 2025

SWORD ENGINEERING LTD

Contents of the Financial Statements

for the Period Ended 31 January 2025

Balance sheet
Notes

SWORD ENGINEERING LTD

Balance sheet

As at 31 January 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 116,856 140,411
Total fixed assets: 116,856 140,411
Current assets
Debtors:   54,921 402,047
Cash at bank and in hand: 1,821,397 408,938
Total current assets: 1,876,318 810,985
Creditors: amounts falling due within one year:   (427,118) (140,847)
Net current assets (liabilities): 1,449,200 670,138
Total assets less current liabilities: 1,566,056 810,549
Total net assets (liabilities): 1,566,056 810,549
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,565,956 810,449
Shareholders funds: 1,566,056 810,549

The notes form part of these financial statements

SWORD ENGINEERING LTD

Balance sheet statements

For the year ending 31 January 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 22 September 2025
and signed on behalf of the board by:

Name: Rachel Groucott
Status: Director

The notes form part of these financial statements

SWORD ENGINEERING LTD

Notes to the Financial Statements

for the Period Ended 31 January 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 and depreciation policy

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: Equipment, Plant and Machinery - 15% reducing balance Motor Vehicles - 25% reducing balance

SWORD ENGINEERING LTD

Notes to the Financial Statements

for the Period Ended 31 January 2025

2. Employees

2025 2024
Average number of employees during the period 7 6

SWORD ENGINEERING LTD

Notes to the Financial Statements

for the Period Ended 31 January 2025

3. Tangible Assets

Total
Cost £
At 01 February 2024 266,400
Additions 2,675
At 31 January 2025 269,075
Depreciation
At 01 February 2024 125,989
Charge for year 26,230
At 31 January 2025 152,219
Net book value
At 31 January 2025 116,856
At 31 January 2024 140,411