S W B Commercials Ltd - Filleted accounts

Registered number

07486200

S W B Commercials Ltd

Abbreviated Accounts

31 January 2025

S W B Commercials Ltd
Registered number:		07486200
Balance Sheet
as at 31 January 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		33,855			41,241

Current assets
Stocks		53,500			70,000
Debtors	4	9,519			5,280
Cash at bank and in hand		3,943			-
		66,962			75,280

Creditors: amounts falling due within one year	5	(61,582)			(59,461)

Net current assets			5,380			15,819

Total assets less current liabilities			39,235			57,060

Creditors: amounts falling due after more than one year	6		(57,185)			(67,833)

Provisions for liabilities			(4,296)			(4,296)


Net liabilities			(22,246)			(15,069)

Capital and reserves
Called up share capital			1			1
Profit and loss account			(22,247)			(15,070)

Shareholders' funds			(22,246)			(15,069)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Steven Bird
Director
Approved by the board on 15 October 2025

S W B Commercials Ltd
Notes to the Accounts
for the year ended 31 January 2025


1	Accounting policies

	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 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
	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:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.





	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			2		3


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 February 2024	78,471		36,659		115,130
	At 31 January 2025	78,471		36,659		115,130

	Depreciation
	At 1 February 2024	40,203		33,686		73,889
	Charge for the year	6,792		594		7,386
	At 31 January 2025	46,995		34,280		81,275

	Net book value
	At 31 January 2025	31,476		2,379		33,855
	At 31 January 2024	38,268		2,973		41,241


4	Debtors			2025		2024
£					£

	Trade debtors			9,519		5,280







5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			-		14,536
	Trade creditors			22,555		15,332
	Corporation tax			7,964		7,964
	Other taxes and social security costs			22,684		10,921
	Other creditors			8,379		10,708
				61,582		59,461


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			57,185		67,833


7	Other information

	S W B Commercials Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	277 Stockport Road
	Ashton U Lyne
	Lancashire
	OL7 0NT