SWARA LIMITED


Directors	CHIKKASETTY, Veena Ravandur, Dr
	NAGAPPA, Lokesh


Registered Address	14 Campion Close
	Ashford
	TN25 4FD


Registered Number	09306825 (England and Wales)

Balance Sheet as at
30 November 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		87,130		119,965
			87,130		119,965
Current assets
Debtors		-		4,065
Cash at bank and on hand		149,351		173,903
		149,351		177,968
Creditors amounts falling due within one year	4	(32,977)		(30,758)
Net current assets (liabilities)			116,374		147,210
Total assets less current liabilities			203,504		267,175
Creditors amounts falling due after one year	5		(52,658)		(79,288)
Net assets			150,846		187,887
Capital and reserves
Called up share capital			100		100
Profit and loss account			150,746		187,787
Shareholders' funds			150,846		187,887

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 2 June 2026, and are signed on its behalf by:

CHIKKASETTY, Veena Ravandur, Dr
Director

NAGAPPA, Lokesh
Director

Registered Company No. 09306825

SWARA LIMITED

Notes to the Financial Statements
for the year ended 30 November 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares incorporated in England and Wales within the United Kingdom. The address of the registered office is 14 Campion Close, Ashford, Kent, TN25 4FD. The financial statements are presented in pounds sterling which is the functional currency of the Company rounded to the nearest £1.

	Statement of compliance
	The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policies.

	Basis of preparation
	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 requirements 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.

Basis of preparation

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 requirements 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.

	Turnover policy
	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:

	Revenue from 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.

Revenue from 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.

	Current 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 balance sheet date in the countries where the Company operates and generates income.

Current 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 balance sheet date in the countries where the Company operates and generates income.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Plant and machinery	25	-
Vehicles	-	5

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Total
	£	£	£
Cost or valuation
At 01 December 24	1,190	163,975	165,165
At 30 November 25	1,190	163,975	165,165
Depreciation and impairment
At 01 December 24	1,032	44,168	45,200
Charge for year	40	32,795	32,835
At 30 November 25	1,072	76,963	78,035
Net book value
At 30 November 25	118	87,012	87,130
At 30 November 24	158	119,807	119,965

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Finance lease and HP contracts	26,629	26,629
Dividends payable	3,000	-
Other creditors	2,108	2,949
Accrued liabilities and deferred income	1,240	1,180
Total	32,977	30,758


	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.

5.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	52,658	79,288
Total	52,658	79,288

6.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	79,287		105,917


	The company holds certain assets under finance lease agreements. These assets are included within fixed assets and are depreciated over their useful economic lives. At the balance sheet date, the company had commitments under finance leases as follows: Amounts due within one year £26,629 Amounts due between one and five years £52,658 The obligations are included within other creditors.