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SWISS WW LTD

(formerly WATCHBAY LTD)

Registered Number
11704287
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2025

SWISS WW LTD
Company Information
for the year from 1 April 2024 to 31 March 2025

Director | SARGENT, Anthony

Registered Address | Unit 20 Sunnyfields Business Centre
| Sunnyfields Road
| Braintree
| CM7 5PG

Registered Number | 11704287 (England and Wales)

SWISS WW LTD
Balance Sheet as at
31 March 2025

| Notes | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |
Tangible assets | 3 |  |  | 11,581 |  |  |  | 63
|  |  |  | 11,581 |  |  |  | 63
Current assets |  |  |  |  |  |  |  |
Debtors |  | 32,549 |  |  |  | 41,958 |  |
Cash at bank and on hand |  | 7,033 |  |  |  | 18,004 |  |
|  | 39,582 |  |  |  | 59,962 |  |
Creditors amounts falling due within one year | 4 | (18,528) |  |  |  | (16,302) |  |
Net current assets (liabilities) |  |  |  | 21,054 |  |  |  | 43,660
Total assets less current liabilities |  |  |  | 32,635 |  |  |  | 43,723
Creditors amounts falling due after one year | 5 |  |  | - |  |  |  | (11,667)
Net assets |  |  |  | 32,635 |  |  |  | 32,056
Capital and reserves |  |  |  |  |  |  |  |
Called up share capital |  |  |  | 100 |  |  |  | 100
Profit and loss account |  |  |  | 32,535 |  |  |  | 31,956
Shareholders' funds |  |  |  | 32,635 |  |  |  | 32,056

- The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
- The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
- The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
- These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
- The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 2 October 2025, and are signed on its behalf by:
SARGENT, Anthony Director Registered Company No. 11704287

SWISS WW LTD
Notes to the Financial Statements
for the year ended 31 March 2025

1. | Accounting policies
--- | ---

| Statutory information
--- | ---
| The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| Statement of compliance
--- | ---
| The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

| Basis of preparation
--- | ---
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

| Revenue from sale of goods
--- | ---
| 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.

| Foreign currency translation
--- | ---
| Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

| Tangible fixed assets and depreciation
--- | ---
| All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

|  | Straight line (years)
| Plant and machinery | 4
| Office Equipment | 4

2. | Average number of employees
--- | ---

|  | 2025 |  | 2024
| Average number of employees during the year | 0 |  | 0

3. | Tangible fixed assets
--- | ---

|  | Plant & machinery |  | Office Equipment |  | Total
--- | --- | --- | --- | --- | --- | ---
|  | £ |  | £ |  | £
| Cost or valuation
| At 01 April 24 | - |  | 66 |  | 66
| Additions | 11,994 |  | 1,254 |  | 13,248
| At 31 March 25 | 11,994 |  | 1,320 |  | 13,314
| Depreciation and impairment
| At 01 April 24 | - |  | 3 |  | 3
| Charge for year | 1,566 |  | 164 |  | 1,730
| At 31 March 25 | 1,566 |  | 167 |  | 1,733
| Net book value
| At 31 March 25 | 10,428 |  | 1,153 |  | 11,581
| At 31 March 24 | - |  | 63 |  | 63

4. | Creditors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Trade creditors / trade payables | - |  | 735
| Bank borrowings and overdrafts | 11,667 |  | 10,000
| Taxation and social security | 1,818 |  | 544
| Other creditors | 5,043 |  | 5,023
| Total | 18,528 |  | 16,302

| 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.

5. | Creditors: amounts due after one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Bank borrowings and overdrafts | - |  | 11,667
| Total | - |  | 11,667