ACCOUNTS - Final Accounts preparation

Company registration number: 13870392

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2026

	SW & H PROPERTY LIMITED


SW & H PROPERTY LIMITED

COMPANY INFORMATION

Directors	Mr D J S Alcock
	Mr P Bosher
	Mr J L Daniels
	MR R D Hemming
	Mr I J Llewellyn


Registered number	13870392


Registered office	Fountain House
	26 St. John's Street
	Bedford
	MK42 0AQ


Accountants	Menzies LLP
	Chartered Accountants
	3000a Parkway
	Whiteley
	Hampshire
	PO15 7FX


SW & H PROPERTY LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 6


SW & H PROPERTY LIMITED REGISTERED NUMBER:13870392

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2026

		2026		2025
Note		£		£

Fixed assets
Investment property	4		335,192		335,192
			335,192		335,192
Current assets
Debtors: amounts falling due within one year	5	2,100		4,100
Cash at bank and in hand		66		349
		2,166		4,449
Creditors: amounts falling due within one year	6	(133,858)		(126,991)
Net current liabilities			(131,692)		(122,542)
Total assets less current liabilities			203,500		212,650
Creditors: amounts falling due after more than one year	7		(191,692)		(204,972)

Net assets			11,808		7,678

Page 1


SW & H PROPERTY LIMITED REGISTERED NUMBER:13870392

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2026

		2026		2025
Note		£		£

Capital and reserves
Called up share capital	100	100
Profit and loss account	11,708	7,578
	11,808	7,678

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

MR R D Hemming

Director

Date: 9 June 2026

The notes on pages 3 to 6 form part of these financial statements.

Page 2


SW & H PROPERTY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1.	General information

SW & H Property Limited is a private company limited by shares, registered in England and Wales. The address of it's registered office is disclosed on the company information page.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Page 3


SW & H PROPERTY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

2.Accounting policies (continued)

2.6

Investment property

IInvestment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 5 (2025 - 5).

Page 4


SW & H PROPERTY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

4.	Investment property

		Freehold investment property
		£
	Valuation
	At 1 April 2025	335,192
	At 31 March 2026	335,192

The 2026 valuations were made by the directors, on an open market value basis.

Debtors

					2026	2025
					£	£


Trade debtors	2,000	4,000
Called up share capital not paid	100	100
	2,100	4,100

6.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Bank loans	12,099	10,455
Trade creditors	93	-
Corporation tax	879	-
Other creditors	118,767	114,516
Accruals and deferred income	2,020	2,020
	133,858	126,991

Page 5


SW & H PROPERTY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

7.	Creditors: Amounts falling due after more than one year
		2026	2025
		£	£

Bank loans	191,692	204,972
	191,692	204,972

There is a fixed and floating over all property and undertaking within the company including a negative pledge in respect of bank loans totalling £203,790 (2025 - £215,427).

8.	Related party transactions
	At the year end directors were owed £92,266 (2025 - £92,266) by the company.

Page 6