REGISTERED NUMBER: 09154966 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Stw Group Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs J R Ham

D Ham

REGISTERED OFFICE:

Fourwinds Business Park

Brookers Hill

Reading

Berkshire

RG2 9BX

REGISTERED NUMBER:

09154966 (England and Wales)

ACCOUNTANTS:

Pace Accountants

Noble House

Eaton Road

Hemel Hempstead

Hertfordshire

HP2 7UB

FIXED ASSETS

Tangible assets

4

45,188

80,986

CURRENT ASSETS

Debtors

5

446,273

296,916

Cash at bank

33,238

71,049

479,511

367,965

CREDITORS

Amounts falling due within one year

6

530,859

388,339

NET CURRENT LIABILITIES

(51,348

)

(20,374

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(6,160

)

60,612

CREDITORS

Amounts falling due after more than one year

7

(5,000

)

(22,837

)

PROVISIONS FOR LIABILITIES

(10,700

)

(17,592

)

NET (LIABILITIES)/ASSETS

(21,860

)

20,183

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(21,862

)

20,181

(21,860

)

20,183

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 1 October 2025 and were signed on its behalf by:

D Ham - Director

1.	STATUTORY INFORMATION

Stw Group Ltd 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

20% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

124,707

31,459

41,495

5,449

203,110

Additions

-

645

30,000

3,671

34,316

Disposals

-

-

(55,000

)

(708

)

(55,708

)

At 31 December 2024

124,707

32,104

16,495

8,412

181,718

DEPRECIATION

At 1 January 2024

85,112

17,686

17,724

1,602

122,124

Charge for year

20,705

4,488

4,321

1,782

31,296

Eliminated on disposal

-

-

(16,890

)

-

(16,890

)

At 31 December 2024

105,817

22,174

5,155

3,384

136,530

NET BOOK VALUE

At 31 December 2024

18,890

9,930

11,340

5,028

45,188

At 31 December 2023

39,595

13,773

23,771

3,847

80,986

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

242,415

206,797

Other debtors

203,858

90,119

446,273

296,916

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts

-

5,986

Trade creditors

312,415

90,833

Taxation and social security

25,819

29,888

Other creditors

192,625

261,632

530,859

388,339

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts

-

7,784

Other creditors

5,000

15,053

5,000

22,837

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

£

D Ham and Mrs J R Ham

Balance outstanding at start of year

71,738

-

Amounts advanced

273,866

75,815

Amounts repaid

(175,537

)

(4,077

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

170,067

71,738