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Draft

SWSystems Limited

Registered Number:12419583

For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements

2

Draft

For the year ended 31 March 2025
SWSystems Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
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Draft

Registered Number :

12419583

As at 31 March 2025

SWSystems Limited
Statement of Financial Position

£

£

2024
2025

Notes

Fixed assets

Financial assets

159,200
159,200
2
159,200
159,200

Trade and other payables: amounts falling due within one
year

(106,464)
(106,944)
3
(106,464)
(106,944)
Net current liabilities

Total assets less current liabilities

52,256
52,736
52,256
Net assets
52,736

Capital and reserves

Called up share capital

1,100
1,100

Share premium account

51,636
51,636

Retained earnings

(480)
-
52,256
52,736
Shareholders' funds

For the year ended 31 March 2025 the company was entitled to exemption from audit 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 March 2025 in accordance with Section 476 of the Companies Act 2006

The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.

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

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

Mr Aden Chidzey-Jones Director

These financial statements were approved and authorised for issue by the Board on 14 July 2025 and were signed by:

The notes form part of these financial statements

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For the year ended 31 March 2025
SWSystems Limited
Notes to the Financial Statements
Statutory Information

SWSystems Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 12419583.

Registered address:

Marsh Barton Industrial Estate
Grace Road Central
Exeter
Devon
EX2 8QA

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1 A 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 costs convention as
modified by the revaluation of certain assets.

Significant judgements and estimates

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions according to estimates are recongnised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

2. Investments held as fixed assets

Shares in group and participating interests

Total

At 01 April 2024

159,200
159,200

Cost

£

£

At 31 March 2025

159,200
159,200

At 31 March 2025

Net book value

159,200
159,200

At 01 April 2024

159,200
159,200
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5

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For the year ended 31 March 2025
SWSystems Limited
Notes to the Financial Statements Continued

3. Trade and other payables: amounts falling due within one year

2024
2025

£

£

Other creditors

106,944
106,464

4. Related party transactions

The directors have elected to exercise the exemption available from disclosing balances and transactions with wholly
owned group entities.

During the year, dividends of £43,800.00 (2024: £51,520.00) were paid to the company's directors.

5. Average number of persons employed

During the year the average number of employees was 2 (2024 : 2)

6. Parent-subsidiary relationship

In the opinion of the directors, the company and its subsidiary undertaking comprise a small group. The company has therefore taken advantage of the exemption provided by S398 of the Companies Act 2006 not to prepare group accounts. Details of the company's subsidaries at 31 March 2024 are as follows: Name of undertaking South West Systems LtdRegistered office The same as the company'sClass of shares held Ordinary% held (direct) 100

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