REGISTERED NUMBER: 06056294 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

RD & TD SWINNERTON & SONS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R D Swinnerton

T D Swinnerton

S J Swinnerton

SECRETARY:

R D Swinnerton

REGISTERED OFFICE:

1&2 Mercia Business Village

Torwood Close

Westwood Business Park

Coventry

West Midlands

CV4 8HX

REGISTERED NUMBER:

06056294 (England and Wales)

ACCOUNTANTS:

Armstrongs Bishop Simmons

Chartered Accountants and Tax Advisors

Gethin House

36 Bond Street

Nuneaton

Warwickshire

CV11 4DA

BANKERS:

Lloyds TSB

The Parade

Leamington Spa

Warwickshire

CV32 4BB

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

3,750

5,000

3,750

5,000

CURRENT ASSETS

Debtors

6

43,038

37,931

CREDITORS

Amounts falling due within one year

7

45,315

41,221

NET CURRENT LIABILITIES

(2,277

)

(3,290

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,473

1,710

PROVISIONS FOR LIABILITIES

8

713

950

NET ASSETS

760

760

CAPITAL AND RESERVES

Called up share capital

204

204

Retained earnings

556

556

SHAREHOLDERS' FUNDS

760

760

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

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:

(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.

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 24 October 2025 and were signed on its behalf by:

R D Swinnerton - Director

T D Swinnerton - Director

S J Swinnerton - Director

1.	STATUTORY INFORMATION

Rd & Td Swinnerton & Sons 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 VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Rendering of Services:

When the outcome of a transaction can be estimated reliably, turnover from construction contracts is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to the amount of agreed contracted materials and components installed.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of the business in 2008, is now being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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 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.

Hire purchase and leasing commitments

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.

Going concern basis

The company is dependent on the continuing support of the directors, who have financed the losses incurred. The company is dependent upon the continuing support of the directors and have signified to continue their support if required.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2024

and 31 January 2025

10,000

AMORTISATION

At 1 February 2024

and 31 January 2025

10,000

NET BOOK VALUE

At 31 January 2025

-

At 31 January 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 February 2024

and 31 January 2025

474

14,565

398

15,437

DEPRECIATION

At 1 February 2024

474

9,565

398

10,437

Charge for year

-

1,250

-

1,250

At 31 January 2025

474

10,815

398

11,687

NET BOOK VALUE

At 31 January 2025

-

3,750

-

3,750

At 31 January 2024

-

5,000

-

5,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

8,980

Directors' current accounts

43,038

27,178

Prepayments

-

1,773

43,038

37,931

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

19,695

19,030

Trade creditors

2,265

2,089

Corporation tax

7,755

6,916

Social security and other taxes

23

189

VAT

3

1,825

Other creditors

654

252

Accruals and deferred income

11,690

7,850

Accrued expenses

3,230

3,070

45,315

41,221

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

713

950

Deferred

tax

£

Balance at 1 February 2024

950

Accelerated capital allowances

(237

)

Balance at 31 January 2025

713

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2025 and 31 January 2024:

2025

2024

£

£

T D Swinnerton

Balance outstanding at start of year

27,178

9,386

Amounts advanced

65,398

52,835

Amounts repaid

(49,538

)

(35,043

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

43,038

27,178

10.	ULTIMATE CONTROLLING PARTY

The company is controlled by Mr TD Swinnerton (Director) who hold 70% of ordinary A issued share capital.