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Company Registration No. 07763715 (England and Wales)
S W Electrical Diversity Limited Unaudited accounts for the year ended 30 September 2025
S W Electrical Diversity Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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S W Electrical Diversity Limited Company Information for the year ended 30 September 2025
Director
Mr Stephen Wedlake
Company Number
07763715 (England and Wales)
Registered Office
Llainfad Glandwr Whitland Dyfed SA34 0YD
Accountants
Nathan Evans Limited 16 Cambrian Way Marshfield Cardiff CF3 2WB
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of S W Electrical Diversity Limited for the year ended 30 September 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of S W Electrical Diversity Limited for the year ended 30 September 2025 as set out on pages 5 - 7 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 at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Nathan Evans Limited Chartered Accountants 16 Cambrian Way Marshfield Cardiff CF3 2WB 15 May 2026
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S W Electrical Diversity Limited Statement of financial position as at 30 September 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
11,722
14,965
Current assets
Debtors
5
3,568
7,266
Cash at bank and in hand
8,751
17
12,319
7,283
Creditors: amounts falling due within one year
6
(15,106)
(21,327)
Net current liabilities
(2,787)
(14,044)
Total assets less current liabilities
8,935
921
Creditors: amounts falling due after more than one year
7
-
(2,450)
Net assets/(liabilities)
8,935
(1,529)
Capital and reserves
Called up share capital
100
100
Profit and loss account
8,835
(1,629)
Shareholders' funds
8,935
(1,529)
For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 May 2026 and were signed on its behalf by
Mr Stephen Wedlake Director Company Registration No. 07763715
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S W Electrical Diversity Limited Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
S W Electrical Diversity Limited is a private company, limited by shares, registered in England and Wales, registration number 07763715. The registered office is Llainfad, Glandwr, Whitland, Dyfed, SA34 0YD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
5% straight line
Motor vehicles
20% straight line
Fixtures & fittings
50% straight line
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 October 2024
12,162
15,010
2,811
29,983
At 30 September 2025
12,162
15,010
2,811
29,983
Depreciation
At 1 October 2024
4,742
7,465
2,811
15,018
Charge for the year
608
2,635
-
3,243
At 30 September 2025
5,350
10,100
2,811
18,261
Net book value
At 30 September 2025
6,812
4,910
-
11,722
At 30 September 2024
7,420
7,545
-
14,965
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S W Electrical Diversity Limited Notes to the Accounts for the year ended 30 September 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
3,568
7,266
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
1,050
-
Taxes and social security
4,764
1,935
Loans from directors
8,357
18,457
Accruals
935
935
15,106
21,327
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
2,450
8
Controlling party
The company was under the control of Mr S Wedlake for the current and prior year. Mr Wedlake owns 100% of the share capital. During the year Mr Wedlake received dividends of £500 (2024: £nil).
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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