Swann Investments Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 14454776 (England and Wales)

Unaudited Financial Statements

for the Year Ended

31 March 2025

for

Swann Investments Limited

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

S P Swann

L J Swann

REGISTERED OFFICE:

Charnwood House

Harcourt Way

Meridian Business Park

Leicester

Leicestershire

LE19 1WP

REGISTERED NUMBER:

14454776 (England and Wales)

ACCOUNTANTS:

The Rowleys Partnership Ltd

Chartered Accountants

Charnwood House

Harcourt Way

Meridian Business Park

Leicester

Leicestershire

LE19 1WP

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Swann Investments Limited for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Swann Investments Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Swann Investments Limited and state those matters that we have agreed to state to the Board of Directors of Swann Investments Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Swann Investments Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Swann Investments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Swann Investments Limited. You consider that Swann Investments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Swann Investments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

The Rowleys Partnership Ltd

Chartered Accountants

Charnwood House

Harcourt Way

Meridian Business Park

Leicester

Leicestershire

LE19 1WP

22 December 2025

FIXED ASSETS

Tangible assets

4

12,030

18,045

Investments

5

5,858,849

5,699,892

5,870,879

5,717,937

CURRENT ASSETS

Debtors

6

9,196

1,293

Cash at bank and in hand

124,621

177,211

133,817

178,504

CREDITORS

Amounts falling due within one year

7

24,226

6,694

NET CURRENT ASSETS

109,591

171,810

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,980,470

5,889,747

PROVISIONS FOR LIABILITIES

-

95,424

NET ASSETS

5,980,470

5,794,323

CAPITAL AND RESERVES

Called up share capital

8

5,414,201

Revaluation reserve

9

4,876

300,090

Capital redemption reserve

62,954

Retained earnings

498,439

17,078

5,980,470

5,794,323

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:

S P Swann - Director

L J Swann - Director

1.	STATUTORY INFORMATION

Swann Investments 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 as modified by the revaluation of certain assets.

Tangible fixed assets

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

Motor vehicles

-

25% on cost

Computer equipment

-

25% on cost

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

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.

Recognition of dividend income

Dividend income is recognised at the point the right to receive payment is established for final dividends and on receipt for interim dividends.

Investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

COST

At 1 April 2024

and 31 March 2025

22,754

1,306

24,060

DEPRECIATION

At 1 April 2024

5,689

326

6,015

Charge for year

5,689

326

6,015

At 31 March 2025

11,378

652

12,030

NET BOOK VALUE

At 31 March 2025

11,376

654

12,030

At 31 March 2024

17,065

980

18,045

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2024

5,699,892

Additions

1,901,772

Disposals

(1,749,316

)

Revaluations

6,501

At 31 March 2025

5,858,849

NET BOOK VALUE

At 31 March 2025

5,858,849

At 31 March 2024

5,699,892

The cost of the listed investments at the year end was £5,852,348 (2024: £5,299,771).

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Other debtors

9,196

1,293

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

-

634

Taxation and social security

19,036

500

Other creditors

5,190

5,560

24,226

6,694

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal Value:

£

2025

2024

1,301,775

Ordinary

£1

1,301,775

1,479,290

Ordinary A

£1

1,479,290

1,331,361

Ordinary B

£1

1,331,361

2,633,136

1,301,775

Ordinary D

£1

1,301,775

-

5,414,201

During the period, 1,301,775 Ordinary B shares were reclassed to Ordinary D shares.

9.

RESERVES

Revaluation

reserve

£

At 1 April 2024

300,090

Investment revaluation

(295,214

)

At 31 March 2025

4,876