Accounts



















	S & W PLANT LTD



	UNAUDITED FINANCIAL STATEMENTS


	FOR THE YEAR ENDED 31 JANUARY 2025

	S & W PLANT LTD
	FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 JANUARY 2025


	DIRECTORS

	Mr N Smith


	SECRETARY

	Mr N Smith

	REGISTERED OFFICE

	11 Lippitts Hill Luton Bedfordshire LU2 7YN


	COMPANY REGISTERED NUMBER

	06317804


	BANKERS

	Natwest Bank plc


	ACCOUNTANTS

	Haartwells Ltd
	Chartered Certified Accountants
	25 Park Street West, Luton, Bedfordshire, LU1 3BE

	page 1

	S & W PLANT LTD
	FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 JANUARY 2025



	CONTENTS

	Pages


	3-4	Statement of Financial Position


	5-8	Notes to the Financial Statements

	page 2

S & W PLANT LTD
Company registered number: 06317804
STATEMENT OF FINANCIAL POSITION AT 31 January 2025

	Note	2025		2024
		£	£	£

FIXED ASSETS
Property, plant and equipment	3		39,129	52,172
Investments held as fixed assets	4		200,000	200,000
			239,129	252,172
CURRENT ASSETS
Debtors	5	559,596		574,118
Cash at bank and in hand		320,906		308,640
		880,502		882,758
CREDITORS: Amounts falling due within one year	6	356,829		370,787
NET CURRENT ASSETS			523,673	511,971
NET ASSETS			£762,802	£764,143

CAPITAL AND RESERVES
Called up share capital			100	100
Retained earnings			762,702	764,043
SHAREHOLDERS' FUNDS			£762,802	£764,143

	The notes on pages 5-8 form part of these financial statements

	page 3

S & W PLANT LTD
Company registered number: 06317804
STATEMENT OF FINANCIAL POSITION AT 31 January 2025 (CONT.)

	Note	2025		2024
		£	£	£



	In approving these financial statements as directors of the company we hereby confirm the following:

	For the year in question 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 of its financial statements for the year ended 31 January 2025 in accordance with section 476 of the Companies Act 2006.

	The directors acknowledge their responsibilities for: 1) ensuring that the company keeps accounting records which comply with Sections 386 and 386 of the Companies Act 2006, and 2) preparing financial statements that give a true and fair view of the state of affairs of the company at at the end of each financial year and of its profit or loss for the 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 the financial statements, so far as they are applicable to the company.


	These financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies

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

	The financial statements were approved and authorised for issue by the board of directors on 21 August 2025

	Signed on behalf of the board of directors



	Mr N Smith, Director

	The notes on pages 5-8 form part of these financial statements

	page 4

	S & W PLANT LTD
	NOTES TO THE ACCOUNTS
	FOR THE YEAR ENDED 31 JANUARY 2025



1.	SIGNIFICANT ACCOUNTING POLICIES


1a.	Statement of compliance

	S & W Plant Ltd is a Private Limited Company incorporated in England and Wales..

	The company's registered number and registered office address can be found on the Company Information page.

	These financial statements are the first financial statements that comply with FRS 102. The date of transition is 1 February 2024.

	The transition to FRS 102 has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in notes and below. These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

	Basis of accounting


	The financial statements have been prepared under the historical cost convention. The presentation currency is £ sterling.


1c.	Revenue recognition

	Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.


1d.	Taxation


	Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.


1e.	Property, plant and equipment

	Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.

	Plant and machinery	Reducing balance 25%
	Vehicles	Reducing balance 25%
	Fixtures and fittings	Reducing balance 15%
	Equipment	Reducing balance 15%


1f.	Inventories

	Stocks are stated at the lower of cost and net realisable value. Cost includes all costs incurred in bringing each product to its present location and condition.

	The notes on pages 5-8 form part of these financial statements

	page 5

	S & W PLANT LTD
	NOTES TO THE ACCOUNTS (CONT.)
	FOR THE YEAR ENDED 31 JANUARY 2025



1.	SIGNIFICANT ACCOUNTING POLICIES (CONT.)


1g.	Short term debtors and creditors

	Debtors and creditors receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in profit and loss.


1h.	Cash and cash equivalents

	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. For the purpose of statement of cash flows, bank overdrafts which are repayable on demand form an integral part of the Company's cash management are included as a component of cash and cash equivalents.


1i.	Interest bearing borrowings

	All interest-bearing loans and borrowings which are basic financial instruments are initially recognised at the present value of cash payable to the bank (including interest). After initial recognition they are measured at amortised cost using the effective interest rate method, less impairment. Any difference between the amount initially recognised and redemption value is recognised in profit and loss together with any interest and fees payable.


1j.	Leased assets

	Assets held under finance leases, which are leases where substantially all the risks and rewards of ownership of the asset have passed to the Company are capitalised in the balance sheet and are depreciated over the shorter of the lease term and the asset's useful life. A corresponding liability is recognised for the lower of the fair value of the leased asset and the present value of the minimum lease payments in the balance sheet. Lease payments are apportioned between the reduction of the lease liability and finance charges in the income statement so as to achieve a constant rate of interest on the remaining balance of the liability. Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term. Lease incentives are recognised over the lease term on a straight line basis.



2.	DIRECTORS AND EMPLOYEES

	The average weekly number of employees during the year were as follows:
		2025	2024
	Management and administration	1	1
	Production and sales	1	1
		2	2

	The notes on pages 5-8 form part of these financial statements

	page 6

	S & W PLANT LTD
	NOTES TO THE ACCOUNTS (CONT.)
	FOR THE YEAR ENDED 31 JANUARY 2025


3.	PROPERTY, PLANT AND EQUIPMENT
		Plant &
		Machinery	Total
		£	£
	Cost

	At 1 February 2024	410,170	410,170

	At 31 January 2025	410,170	410,170

	Depreciation

	At 1 February 2024	357,998	357,998
	For the year	13,043	13,043
	At 31 January 2025	371,041	371,041

	Net Book Amounts

	At 31 January 2025	39,129	39,129
	At 31 January 2024	52,172	52,172



4.	INVESTMENTS HELD AS FIXED ASSETS
		Other
		investments
		Other than
		loans	Total
		£	£
	Cost or valuation

	At 1 February 2024	200,000	200,000
	At 31 January 2025	200,000	200,000

	Amounts written off

	At 31 January 2025	-	-

	Net Book Amounts

	At 31 January 2025	200,000	200,000
	At 31 January 2024	200,000	200,000

	The notes on pages 5-8 form part of these financial statements

	page 7

	S & W PLANT LTD
	NOTES TO THE ACCOUNTS (CONT.)
	FOR THE YEAR ENDED 31 JANUARY 2025



5.	DEBTORS	2025	2024
		£	£
	Trade debtors	559,596	574,118
		£559,596	£574,118



6.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2025	2024
		£	£
	Corporation tax	22,837	45,813
	Other taxes and social security	5,721	22,892
	Other creditors	323,071	296,832
	Accruals and deferred income	5,200	5,250
		£356,829	£370,787

	The notes on pages 5-8 form part of these financial statements

	page 8