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
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
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
S W Electrical Diversity Limited
Statement of financial position
as at 30 September 2025
Tangible assets
11,722
14,965
Cash at bank and in hand
8,751
17
Creditors: amounts falling due within one year
(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
-
(2,450)
Net assets/(liabilities)
8,935
(1,529)
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
S W Electrical Diversity Limited
Notes to the Accounts
for the year ended 30 September 2025
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
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
At 30 September 2025
6,812
4,910
-
11,722
At 30 September 2024
7,420
7,545
-
14,965
S W Electrical Diversity Limited
Notes to the Accounts
for the year ended 30 September 2025
Amounts falling due within one year
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
7
Creditors: amounts falling due after more than one year
2025
2024
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).