C R Swift Landscaping Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05512899

C R Swift Landscaping Ltd

Filleted Unaudited Financial Statements

For the year ended

31 August 2025

C R Swift Landscaping Ltd

Statement of Financial Position

31 August 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		2,374,629	2,550,084

Current assets

Stocks		23,500	23,000
Debtors	6	491,294	596,648
Cash at bank and in hand		117,864	–
		----------	----------
		632,658	619,648

Creditors: amounts falling due within one year	7	893,569		1,033,855
		----------		------------
Net current liabilities			260,911	414,207
			------------	------------
Total assets less current liabilities			2,113,718	2,135,877

Creditors: amounts falling due after more than one year	8		502,378	452,925

Provisions

Deferred taxation	496,327	533,963
	------------	------------
Net assets	1,115,013	1,148,989
	------------	------------

Capital and reserves

Called up share capital	100	100
Profit and loss account	1,114,913	1,148,889
	------------	------------
Shareholders funds	1,115,013	1,148,989
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

C R Swift Landscaping Ltd

Statement of Financial Position (continued)

31 August 2025

These financial statements were approved by the board of directors and authorised for issue on 13 May 2026 , and are signed on behalf of the board by:

C R Swift Director

Company registration number: 05512899

C R Swift Landscaping Ltd

Notes to the Financial Statements

Year ended 31 August 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Potton House, Wyboston Lakes, Great North Road, Wyboston, Bedford, MK44 3BZ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

The turnover is measured as the fair value of the consideration received or receivable for goods and services provided during the year, stated net of discounts and of value added tax. In respect of contracts for on-going services, turnover is recognised according to the value of work done in the year or by reference to the stage of completion.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax is measured at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the reporting date.

Operating leases

Lease payments and lease receipts are recognised either as an expense or as income over the lease term on a straight line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its residual value, over the useful economic life of that asset as follows:

Leasehold improvements	-	20% reducing balance
Office equipment	-	33% straight line
Motor vehicles	-	25% reducing balance
Plant and machinery	-	25% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Lease and hire purchase payments are apportioned between the finance charges and reduction of the outstanding lease liability using the sum of the digits method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Defined contribution pension plans

The company makes contributions to the personal pension schemes of the directors and certain employees. The annual contributions payable are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 25 (2024: 28 ).

5. Tangible assets

	Leasehold improvements	Office equipment	Motor vehicles	Plant and machinery	Total
	£	£	£	£	£
Cost
At 1 September 2024	39,884	4,977	955,209	2,914,772	3,914,842
Additions	–	299	208,081	754,513	962,893
Disposals	–	( 599)	( 315,276)	( 883,168)	( 1,199,043)
	--------	-------	----------	------------	------------
At 31 August 2025	39,884	4,677	848,014	2,786,117	3,678,692
	--------	-------	----------	------------	------------
Depreciation
At 1 September 2024	31,268	3,205	384,597	945,688	1,364,758
Charge for the year	1,723	849	160,548	384,957	548,077
Disposals	–	( 599)	( 167,963)	( 440,210)	( 608,772)
	--------	-------	----------	------------	------------
At 31 August 2025	32,991	3,455	377,182	890,435	1,304,063
	--------	-------	----------	------------	------------
Carrying amount
At 31 August 2025	6,893	1,222	470,832	1,895,682	2,374,629
	--------	-------	----------	------------	------------
At 31 August 2024	8,616	1,772	570,612	1,969,084	2,550,084
	--------	-------	----------	------------	------------

6. Debtors

	2025	2024
	£	£
Trade debtors	190,545	195,481
Other debtors	300,749	401,167
	----------	----------
	491,294	596,648
	----------	----------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	7,842	45,913
Trade creditors	272,334	251,400
Social security and other taxes	66,776	62,137
Other creditors	546,617	674,405
	----------	------------
	893,569	1,033,855
	----------	------------

The bank loan of £7,842 (2024: £10,190) has been provided to the company under the Bounce Back Loan Scheme. Included within other creditors is £347,898 (2024: £379,828) relating to assets acquired under hire purchase and lease agreements. Hire purchase and lease agreements are secured on the assets concerned.

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	–	7,904
Other creditors	502,378	445,021
	----------	----------
	502,378	452,925
	----------	----------

The bank loan of £nil (2024: £7,904) has been provided to the company under the Bounce Back Loan Scheme. Included within other creditors is £502,378 (2024: £445,021) relating to assets acquired under hire purchase and lease agreements. Hire purchase and lease agreements are secured on the assets concerned.

9. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in debtors (note 6)	53,393	115,804
Included in provisions	( 496,327)	( 533,963)
	----------	----------
	( 442,934)	( 418,159)
	----------	----------

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Accelerated capital allowances	496,327	533,963
Unused tax losses	( 53,393)	( 115,804)
	----------	----------
	442,934	418,159
	----------	----------

10. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	25,327	36,827
	--------	--------

11. Directors' advances, credits and guarantees

At the year end, the company owed the directors £153,780 (2024: £262,243). The loan to the company is interest free and repayable on demand.