Company registration number 09352429 (England and Wales)
SWANSEA STUDENT HOMES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
SWANSEA STUDENT HOMES LTD
COMPANY INFORMATION
Directors
Mr A R Morgan
Mr J R Anderson
Mr M R Anderson
Mr B T A Morgan
Company number
09352429
Registered office
117 Walter Road
Swansea
UK
SA1 5RH
Accountants
CJH
Ty Caer Wyr, Charter Court
Phoenix Way
Enterprise Park
Swansea
United Kingdom
SA7 9FS
SWANSEA STUDENT HOMES LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
SWANSEA STUDENT HOMES LTD
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Intangible assets
-
0
-
0
Tangible assets
3
3,018,768
3,018,768
Current assets
Debtors
4
521
498
Cash at bank and in hand
59,650
11,353
60,171
11,851
Creditors: amounts falling due within one year
5
(104,080)
(82,911)
Net current liabilities
(43,909)
(71,060)
Total assets less current liabilities
2,974,859
2,947,708
Creditors: amounts falling due after more than one year
6
(1,626,071)
(1,698,859)
Net assets
1,348,788
1,248,849
Capital and reserves
Called up share capital
20
20
Share premium account
754,396
754,396
Profit and loss reserves
594,372
494,433
Total equity
1,348,788
1,248,849
SWANSEA STUDENT HOMES LTD
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2025
31 March 2025
- 2 -

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

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 11 November 2025 and are signed on its behalf by:
Mr A R Morgan
Director
Company registration number 09352429 (England and Wales)
SWANSEA STUDENT HOMES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
1
Accounting policies
Company information

Swansea Student Homes Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 117 Walter Road, Swansea, UK, SA1 5RH.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
Nil
1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

SWANSEA STUDENT HOMES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
4
0
3
Tangible fixed assets
Land and buildings
£
Cost
At 1 April 2024 and 31 March 2025
3,018,768
Depreciation and impairment
At 1 April 2024 and 31 March 2025
-
0
Carrying amount
At 31 March 2025
3,018,768
At 31 March 2024
3,018,768
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
521
498
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
69,000
65,000
Amounts owed to group undertakings
115
115
Corporation tax
31,331
14,262
Other creditors
3,634
3,534
104,080
82,911
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
1,626,071
1,698,859
SWANSEA STUDENT HOMES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
6
Creditors: amounts falling due after more than one year
(Continued)
- 5 -

.

7
Loans and overdrafts
2025
2024
£
£
Bank loans
1,695,071
1,763,859
Payable within one year
69,000
65,000
Payable after one year
1,626,071
1,698,859

Lloyds Bank PLC hold fixed charges on 30 Nicholl Street, Swansea, 59 King Edwards Road, Swansea, 21 Phillips Parade, Swansea, 114 St Helens Avenue, Swansea, 5 Bay View Terrace, Swansea, 2 Elphin Road, Swansea, 139 St Helens Avenue, Swansea, 169 St Helens Avenue, Swansea, 193 Dan y Graig, Swansea and 28 Miers Street, Swansea.

Lloyds Bank PLC hold floating charges on all property or undertaking of the company.

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