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REGISTERED NUMBER: 09994423 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

SYLWESTER WASTE MANAGEMENT LTD

SYLWESTER WASTE MANAGEMENT LTD (REGISTERED NUMBER: 09994423) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the Year Ended 28 February 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| SYLWESTER WASTE MANAGEMENT LTD |

COMPANY INFORMATION

for the Year Ended 28 February 2025

| DIRECTOR: | Mr S Sajkiewicz

| REGISTERED OFFICE: | Unit 4 Grovelands

| Boundary Way

| Hemel Hempstead

| Hertfordshire

| HP2 7TE

| REGISTERED NUMBER: | 09994423 (England and Wales)

| ACCOUNTANTS: | Kings Chartered Accountants

| 4 Grovelands

| Boundary Way

| Hemel Hempstead

| Hertfordshire

| HP2 7TE

SYLWESTER WASTE MANAGEMENT LTD (REGISTERED NUMBER: 09994423) |

BALANCE SHEET

28 February 2025

| 28.2.25 | 29.2.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 512,753 |  | 301,100 |  |

CURRENT ASSETS

Debtors | 5 | 45,978 |  | 41,558 |  |

Cash at bank and in hand | 53,591 |  | 47,512 |  |

99,569 |  | 89,070 |  |

CREDITORS

Amounts falling due within one year | 6 | 303,121 |  | 101,629 |  |

NET CURRENT LIABILITIES | (203,552 | ) | (12,559 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 309,201 |  | 288,541 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (102,498 | ) | (252,497 | ) |

PROVISIONS FOR LIABILITIES | 9 | (97,423 | ) | (57,209 | ) |

NET ASSETS/(LIABILITIES) | 109,280 |  | (21,165 | ) |

CAPITAL AND RESERVES

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

Retained earnings | 109,180 |  | (21,265 | ) |

SHAREHOLDERS' FUNDS | 109,280 |  | (21,165 | ) |

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 director acknowledges his 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.

SYLWESTER WASTE MANAGEMENT LTD (REGISTERED NUMBER: 09994423) |

BALANCE SHEET - 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 October 2025 and were signed by:

Mr S Sajkiewicz - Director

SYLWESTER WASTE MANAGEMENT LTD (REGISTERED NUMBER: 09994423) |

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 28 February 2025

1. | STATUTORY INFORMATION

| Sylwester Waste Management Ltd 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.

| 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 provision of services.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

| Plant and machinery | - | 25% on reducing balance and 10 years SL with a residual value of 40%

| Fixtures and fittings | - | 25% on reducing balance

| Computer equipment | - | Straight line over 3 years

SYLWESTER WASTE MANAGEMENT LTD (REGISTERED NUMBER: 09994423) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 28 February 2025

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

| Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

| Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

| Basic financial assets

| Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

| Classification of financial liabilities

| Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

| Basic financial liabilities

| Basic financial liabilities, including creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

| Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

SYLWESTER WASTE MANAGEMENT LTD (REGISTERED NUMBER: 09994423) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 28 February 2025

2. | ACCOUNTING POLICIES - continued

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| 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 profit or loss in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 5 (2024 - 5 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Plant and |  | and |  | Computer |

| machinery |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 March 2024 | 432,243 |  | 10,008 |  | 982 |  | 443,233 |  |

| Additions | 252,988 |  | - |  | 1,207 |  | 254,195 |  |

| At 28 February 2025 | 685,231 |  | 10,008 |  | 2,189 |  | 697,428 |  |

| DEPRECIATION

| At 1 March 2024 | 134,216 |  | 7,170 |  | 747 |  | 142,133 |  |

| Charge for year | 41,533 |  | 709 |  | 300 |  | 42,542 |  |

| At 28 February 2025 | 175,749 |  | 7,879 |  | 1,047 |  | 184,675 |  |

| NET BOOK VALUE

| At 28 February 2025 | 509,482 |  | 2,129 |  | 1,142 |  | 512,753 |  |

| At 29 February 2024 | 298,027 |  | 2,838 |  | 235 |  | 301,100 |  |

SYLWESTER WASTE MANAGEMENT LTD (REGISTERED NUMBER: 09994423) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 28 February 2025

4. | TANGIBLE FIXED ASSETS - continued

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Plant and

| machinery

£ |

| COST

| At 1 March 2024

| and 28 February 2025 | 150,166 |  |

| DEPRECIATION

| At 1 March 2024 | 31,279 |  |

| Charge for year | 9,010 |  |

| At 28 February 2025 | 40,289 |  |

| NET BOOK VALUE

| At 28 February 2025 | 109,877 |  |

| At 29 February 2024 | 118,887 |  |

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

| 28.2.25 |  | 29.2.24

£ | £ |

| Trade debtors | 38,478 |  | 33,858 |  |

| Other debtors | 3,500 |  | 3,500 |  |

| Prepayments | 4,000 |  | 4,200 |  |

45,978 |  | 41,558 |  |

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

| 28.2.25 |  | 29.2.24

£ | £ |

| Bank loans and overdrafts (see note 8) | 10,000 |  | 10,000 |  |

| Hire purchase contracts | - |  | 10,023 |  |

| Trade creditors | 11,148 |  | 2,967 |  |

| Social security and other taxes | 60,434 |  | 50,032 |  |

| Value added tax | 22,098 |  | 13,515 |  |

| Other creditors | 199,072 |  | 14,760 |  |

| Directors' current accounts | 69 |  | 62 |  |

| Accruals | 300 |  | 270 |  |

303,121 |  | 101,629 |  |

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

| 28.2.25 |  | 29.2.24

£ | £ |

| Bank loans (see note 8) | 2,498 |  | 12,497 |  |

| Other creditors | 100,000 |  | 240,000 |  |

102,498 |  | 252,497 |  |

SYLWESTER WASTE MANAGEMENT LTD (REGISTERED NUMBER: 09994423) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 28 February 2025

8. | LOANS

| An analysis of the maturity of loans is given below:

| 28.2.25 |  | 29.2.24

£ | £ |

| Amounts falling due within one year or on demand:

| Bank loans | 10,000 |  | 10,000 |  |

| Amounts falling due between one and two years:

| Bank loans - 1-2 years | 2,498 |  | 10,000 |  |

| Amounts falling due between two and five years:

| Bank loans - 2-5 years | - |  | 2,497 |  |

9. | PROVISIONS FOR LIABILITIES

| 28.2.25 |  | 29.2.24

£ | £ |

| Deferred tax

| Accelerated capital allowances | 97,423 |  | 57,209 |  |

| Deferred |

| tax |

£ |

| Balance at 1 March 2024 | 57,209 |  |

| Charge to Statement of Income and Retained Earnings during year | 40,214 |  |

| Balance at 28 February 2025 | 97,423 |  |

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 |  |