Swe Property Management Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10588046

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,433,737		1,753,724

			2,433,737		1,753,724
CURRENT ASSETS
Cash at bank and in hand		277,921		8,216

		277,921		8,216
Creditors: Amounts Falling Due Within One Year	5	(839,170 )		(944,042 )

NET CURRENT ASSETS (LIABILITIES)			(561,249 )		(935,826 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,872,488		817,898

Creditors: Amounts Falling Due After More Than One Year	6		(1,693,467 )		(684,166 )

NET ASSETS			179,021		133,732

CAPITAL AND RESERVES
Called up share capital	8		1		1
Revaluation reserve	9		82,020		82,019
Profit and Loss Account			97,000		51,712

SHAREHOLDERS' FUNDS			179,021		133,732

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Swe Property Management Ltd

Balance Sheet (continued)

As At 31 January 2025

For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Michael Fiebig

Director

31 October 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Swe Property Management Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10588046 . The registered office is c/o MWR Accountants, Trym Lodge, 1 Henbury Road, Westbury on Trym, Bristol, BS9 3HQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	Nil
Motor Vehicles	25% Reducing Balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Land & Property
	Freehold	Motor Vehicles	Total
	£	£	£
Cost
As at 1 February 2024	1,720,081	38,449	1,758,530
Additions	675,413	4,600	680,013

As at 31 January 2025	2,395,494	43,049	2,438,543

...CONTINUED

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Swe Property Management Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

Depreciation
As at 1 February 2024	-	4,806	4,806

As at 31 January 2025	-	4,806	4,806

Net Book Value
As at 31 January 2025	2,395,494	38,243	2,433,737

As at 1 February 2024	1,720,081	33,643	1,753,724

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	(2,855 )	2,831
Bank loans and overdrafts	250,061	250,061
Corporation tax	(70 )	3,336
Other creditors	69,100	69,100
Accruals and deferred income	444	444
Director's loan account	429,927	525,707
Amounts owed to associates	92,563	92,563

	839,170	944,042

6. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	27,064	27,064
Bank loans	1,666,403	657,102

	1,693,467	684,166

7. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	(1,902 )	3,784
Later than one year and not later than five years	27,064	27,064

	25,162	30,848
Less: Finance charges allocated to future periods	953	953

	24,209	29,895

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

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Swe Property Management Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

9. Reserves

	Revaluation Reserve
	£
As at 1 February 2024	82,019
Surplus on revaluation	1

As at 31 January 2025	82,020

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