REGISTERED NUMBER: 04537368 (England and Wales)

Swerve Concepts Limited

Financial Statements for the Year Ended 31st October 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J J Baines

M Brear

REGISTERED OFFICE:

The Engine House

77 Station Road

Petersfield

Hampshire

GU32 3FQ

BUSINESS ADDRESS:

Unit 2C

The Plough Brewery

516 Wandsworth Road

London

SW8 3JX

REGISTERED NUMBER:

04537368 (England and Wales)

ACCOUNTANTS:

Sheen Stickland

Chartered Accountants

The Engine House

77 Station Road

Petersfield

Hampshire

GU32 3FQ

FIXED ASSETS

Tangible assets

4

127

405

CURRENT ASSETS

Debtors

5

52,580

10,860

Investments

6

-

6

Cash at bank

97,325

44,661

149,905

55,527

CREDITORS

Amounts falling due within one year

7

66,272

26,851

NET CURRENT ASSETS

83,633

28,676

TOTAL ASSETS LESS CURRENT LIABILITIES

83,760

29,081

PROVISIONS FOR LIABILITIES

32

91

NET ASSETS

83,728

28,990

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

83,628

28,890

83,728

28,990

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9th January 2026 and were signed on its behalf by:

J J Baines - Director

M Brear - Director

1.	STATUTORY INFORMATION

Swerve Concepts 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.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost and 15% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st November 2024

and 31st October 2025

9,402

DEPRECIATION

At 1st November 2024

8,997

Charge for year

278

At 31st October 2025

9,275

NET BOOK VALUE

At 31st October 2025

127

At 31st October 2024

405

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

48,175

6,455

Other debtors

4,405

4,405

52,580

10,860

6.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Unlisted investments

-

6

The unlisted investments have no value at the balance sheet date and are in the process of being dissolved.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

63,569

24,284

Other creditors

2,703

2,567

66,272

26,851