REGISTERED NUMBER: 03333037 (England and Wales)

Swettenham Estates (UK) Limited

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

C B Horne

J C Hughes

Secretary:

J C Hughes

Registered office:

7 Claremont Place

Camden Road

Bath

Somerset

BA1 5JE

Registered number:

03333037 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Current assets

Debtors

4

7,370,405

6,877,642

Cash at bank

27

36

7,370,432

6,877,678

Creditors

Amounts falling due within one year

5

1,714,106

1,709,112

Net current assets

5,656,326

5,168,566

Total assets less current liabilities

5,656,326

5,168,566

Creditors

Amounts falling due after more than one year

6

5,879,590

5,594,181

Net liabilities

(223,264

)

(425,615

)

Capital and reserves

Called up share capital

7

1

1

Retained earnings

8

(223,265

)

(425,616

)

Shareholders' funds

(223,264

)

(425,615

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 December 2025 and were signed on its behalf by:

J C Hughes - Director

1.	Statutory information

Swettenham Estates (UK) 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.

Going Concern

The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information in making their assessment and are of the opinion that the company will continue to be able to meet its financial commitments for a period of at least 12 months from the date of approval of these financial statements, based on the continuing support of the Directors and connected companies.

Turnover

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

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts which are an integral part of the partnership's cash management.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

3.	Employees and directors

The average number of employees during the year was 2 (2024 - 2 ) .

4.

Debtors: amounts falling due within one year

2025

2024

£

£

Other debtors

7,370,405

6,877,642

5.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

-

2,100

Other creditors

1,714,106

1,707,012

1,714,106

1,709,112

2025

2024

£

£

Kaikoura Investments Ltd

1,709,126

1,703,292

Kaikoura (Swansea) Limited

120

120

Caplon Limited

1,200

-

Other creditors

3,660

5,700

1,714,106

1,709,112

6.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Other creditors

5,879,590

5,594,181

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Richard Lindsey Brake SIPP

5,879,590

5,594,181

On 3 October 2011 Richard Brake & Nts Trustees Limited placed fixed and floating charge over all property and undertakings of the company.

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1

8.

Reserves

Retained

earnings

£

At 1 April 2024

(425,616

)

Profit for the year

202,351

At 31 March 2025

(223,265

)