REGISTERED NUMBER: 01376537 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

SW1 LIGHTING & ELECTRICAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P C Beecroft

T L Beecroft

SECRETARY:

J Beecroft

REGISTERED OFFICE:

14 Smiths Yard

Summerley Street

Earlsfield

London

SW18 4HR

REGISTERED NUMBER:

01376537 (England and Wales)

ACCOUNTANTS:

Galloways Accounting Limited

15 West Street

Brighton

East Sussex

BN1 2RL

FIXED ASSETS

Tangible assets

4

430,928

427,593

CURRENT ASSETS

Debtors

5

574,786

587,433

Cash at bank

405,085

291,275

979,871

878,708

CREDITORS

Amounts falling due within one year

6

148,322

127,081

NET CURRENT ASSETS

831,549

751,627

TOTAL ASSETS LESS CURRENT LIABILITIES

1,262,477

1,179,220

CREDITORS

Amounts falling due after more than one year

7

-

(4,497

)

PROVISIONS FOR LIABILITIES

(38,493

)

(37,659

)

NET ASSETS

1,223,984

1,137,064

CAPITAL AND RESERVES

Called up share capital

5,000

5,000

Revaluation reserve

201,490

201,490

Retained earnings

1,017,494

930,574

SHAREHOLDERS' FUNDS

1,223,984

1,137,064

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

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

P C Beecroft - Director

1.	STATUTORY INFORMATION

SW1 Lighting & Electrical Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Freehold property

-

not provided

Plant and machinery

-

12.5% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33.3% straight line

Freehold property have been recognised at fair value, according to the most recent valuation. Any aggregate or deficit arising as from changes in fair value is recognised in profit and loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2025 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

400,000

6,844

52,597

5,494

464,935

Additions

-

250

12,000

542

12,792

At 31 March 2026

400,000

7,094

64,597

6,036

477,727

DEPRECIATION

At 1 April 2025

-

6,844

25,440

5,058

37,342

Charge for year

-

35

9,039

383

9,457

At 31 March 2026

-

6,879

34,479

5,441

46,799

NET BOOK VALUE

At 31 March 2026

400,000

215

30,118

595

430,928

At 31 March 2025

400,000

-

27,157

436

427,593

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

172,216

186,560

Other debtors

402,570

400,873

574,786

587,433

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Finance leases

4,497

5,756

Trade creditors

25,947

16,132

Taxation and social security

110,958

98,980

Other creditors

6,920

6,213

148,322

127,081

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Finance leases

-

4,497

8.	OTHER FINANCIAL COMMITMENTS

As at the balance sheet date the company had remaining financial commitments on non cancellable leases of £2,087 (2025 £2,782).

9.	RELATED PARTIES

Included in other debtors is an amount owed to SW1 Lighting and Electrical Ltd by SW1 Developments Limited of £342,203 (2025: £343,525). This amount is interest-free and repayable on demand. P C Beecroft is a director of SW1 Developments Limited.

10.	DIRECTORS' ADVANCES AND CREDITS

Included in other debtors is an amount owed by the directors to SW1 Lighting & Electrical Limited of £51,475 (2025: £57,348). This amount is repayable on demand.