REGISTERED NUMBER: 07002413 (England and Wales)

SW RESIDENTIAL LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Miss C S Swain

Mr C Testa

REGISTERED OFFICE:

193-195 3rd Floor

Brompton Road

London

SW3 1LZ

REGISTERED NUMBER:

07002413 (England and Wales)

ACCOUNTANTS:

Carston ETL

Tudor House

16 Cathedral Road

Cardiff

CF11 9LJ

FIXED ASSETS

Intangible assets

4

30,720

40,960

Tangible assets

5

12,346

15,216

43,066

56,176

CURRENT ASSETS

Debtors

6

1,083,306

904,632

Cash at bank

92,356

199,038

1,175,662

1,103,670

CREDITORS

Amounts falling due within one year

7

447,732

449,175

NET CURRENT ASSETS

727,930

654,495

TOTAL ASSETS LESS CURRENT LIABILITIES

770,996

710,671

CREDITORS

Amounts falling due after more than one year

8

20,590

57,913

NET ASSETS

750,406

652,758

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

750,405

652,757

SHAREHOLDERS' FUNDS

750,406

652,758

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 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 6th May 2026 and were signed on its behalf by:

Miss C S Swain - Director

Mr C Testa - Director

1.	STATUTORY INFORMATION

Sw Residential 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of five years.

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

-

25% on reducing balance

Fixtures and fittings

-

25% 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.

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 5 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Development

costs

£

COST

At 1st September 2024

and 31st August 2025

51,200

AMORTISATION

At 1st September 2024

10,240

Amortisation for year

10,240

At 31st August 2025

20,480

NET BOOK VALUE

At 31st August 2025

30,720

At 31st August 2024

40,960

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1st September 2024

26,517

33,940

60,457

Additions

1,245

-

1,245

At 31st August 2025

27,762

33,940

61,702

DEPRECIATION

At 1st September 2024

21,678

23,563

45,241

Charge for year

1,521

2,594

4,115

At 31st August 2025

23,199

26,157

49,356

NET BOOK VALUE

At 31st August 2025

4,563

7,783

12,346

At 31st August 2024

4,839

10,377

15,216

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

8,377

11,833

Other debtors

1,074,929

892,799

1,083,306

904,632

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

22,366

9,737

Trade creditors

19,879

31,098

Taxation and social security

236,810

248,017

Other creditors

168,677

160,323

447,732

449,175

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

20,590

57,913

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

67,740

66,200

Between one and five years

270,960

264,800

338,700

331,000

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st August 2025 and 31st August 2024:

2025

2024

£

£

Miss C S Swain

Balance outstanding at start of year

5,691

193,777

Amounts advanced

480,622

17,625

Amounts repaid

(215,572

)

(205,711

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

270,741

5,691

Mr C Testa

Balance outstanding at start of year

540,375

186,178

Amounts advanced

360,910

552,732

Amounts repaid

(630,544

)

(198,535

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

270,741

540,375

The advances to the directors were repaid in full within 9 months of the year end.

11.	RELATED PARTY DISCLOSURES

As at the year end the company was owed £386,844 (2024: £272,598) by companies which have common shareholders and directors.

As at the year end the company owed £44,778 to a company which has common shareholders and directors.