REGISTERED NUMBER: 15917982 (England and Wales)

FINANCIAL STATEMENTS FOR THE PERIOD 27 AUGUST 2024 TO 31 AUGUST 2025

FOR

Prodek SW Limited

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

Directors:

D J Lilburn

N A Elliott

Registered office:

Unit 8E Torr View

Torr Quarry Industrial Estate

East Allington

Devon

TQ9 7QQ

Registered number:

15917982 (England and Wales)

Accountants:

Websters

129 North Hill

Plymouth

Devon

PL4 8JY

Fixed assets

Intangible assets

4

40,354

Tangible assets

5

1,600

41,954

Current assets

Stocks

5,925

Debtors

6

13,904

Cash at bank

45,084

64,913

Creditors

Amounts falling due within one year

7

89,702

Net current liabilities

(24,789

)

Total assets less current liabilities

17,165

Provisions for liabilities

8,000

Net assets

9,165

Capital and reserves

Called up share capital

8

100

Retained earnings

9,065

Shareholders' funds

9,165

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 March 2026 and were signed on its behalf by:

D J Lilburn - Director

N A Elliott - Director

1.	STATUTORY INFORMATION

Prodek SW 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 is measured at the fair value of the consideration receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and services. Turnover from the sale of goods and services is recognised when the significant risks and rewards of ownership of goods have transferred to the buyer. .

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of 5 years.

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.

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

-

20% on cost

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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 period 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.

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 5 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

Cost

Additions

50,443

At 31 August 2025

50,443

Amortisation

Amortisation for period

10,089

At 31 August 2025

10,089

Net book value

At 31 August 2025

40,354

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

Cost

Additions

2,000

At 31 August 2025

2,000

Depreciation

Charge for period

400

At 31 August 2025

400

Net book value

At 31 August 2025

1,600

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

7,770

Other debtors

5,086

VAT

1,048

13,904

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

9,406

Amounts owed to group undertakings

40,966

Tax

6,000

Other creditors

33,005

Accrued expenses

325

89,702

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

9.	RELATED PARTY DISCLOSURES

The company owed the following sums to related parties at the balance sheet date:

£2,327 to Lilburn and Elliott Construction Ltd

£38,639 to Seacroft Investments Ltd

Seacroft Investments Ltd is the parent company; and Lilburn and Elliott Construction Ltd is a fellow subsidiary company of the group.

10.	ULTIMATE CONTROLLING PARTY

The company is wholly owned and controlled by Seacroft Investments Ltd