REGISTERED NUMBER: 11144305 (England and Wales)

S W FLEMING LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

Mr. S W Fleming

REGISTERED OFFICE:

1st Floor Tudor House

16 Cathedral Road

Cardiff

CF11 9LJ

REGISTERED NUMBER:

11144305 (England and Wales)

ACCOUNTANTS:

Carston ETL

Tudor House

16 Cathedral Road

Cardiff

CF11 9LJ

FIXED ASSETS

Intangible assets

4

3,000

4,000

Tangible assets

5

74,152

128,490

77,152

132,490

CURRENT ASSETS

Debtors

6

153,334

112,883

Cash at bank

-

2,172

153,334

115,055

CREDITORS

Amounts falling due within one year

7

188,866

137,175

NET CURRENT LIABILITIES

(35,532

)

(22,120

)

TOTAL ASSETS LESS CURRENT LIABILITIES

41,620

110,370

CREDITORS

Amounts falling due after more than one year

8

149,838

108,036

NET (LIABILITIES)/ASSETS

(108,218

)

2,334

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

(108,318

)

2,234

SHAREHOLDERS' FUNDS

(108,218

)

2,334

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 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.

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 30th October 2025 and were signed by:

Mr. S W Fleming - Director

1.	STATUTORY INFORMATION

S W Fleming Limited 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.

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, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten 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% straight line on cost

Computer equipment

-

25% straight line on cost

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 statement of financial position date.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st February 2024

and 31st January 2025

10,000

AMORTISATION

At 1st February 2024

6,000

Amortisation for year

1,000

At 31st January 2025

7,000

NET BOOK VALUE

At 31st January 2025

3,000

At 31st January 2024

4,000

5.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1st February 2024

359,068

3,279

362,347

Additions

-

1,124

1,124

At 31st January 2025

359,068

4,403

363,471

DEPRECIATION

At 1st February 2024

231,827

2,030

233,857

Charge for year

54,821

641

55,462

At 31st January 2025

286,648

2,671

289,319

NET BOOK VALUE

At 31st January 2025

72,420

1,732

74,152

At 31st January 2024

127,241

1,249

128,490

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

21,479

13,550

Other debtors

131,855

99,333

153,334

112,883

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

24,402

-

Hire purchase contracts

42,828

42,828

Trade creditors

44,076

5,245

Taxation and social security

10,518

66,064

Other creditors

67,042

23,038

188,866

137,175

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

100,628

30,000

Hire purchase contracts

49,210

78,036

149,838

108,036

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100