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Registered number: 08139919
S&W (UK) Limited
Financial Statements
For The Year Ended 31 October 2025
Nijjer Accountants Ltd
Chartered Accountants
5-7 Station Road
Longfield
Kent
DA3 7QD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08139919
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,434,320 1,458,516
Investment Properties 5 2,235,000 2,235,000
Investments 6 100 100
3,669,420 3,693,616
CURRENT ASSETS
Debtors 7 512,451 496,161
Cash at bank and in hand 28,799 48,149
541,250 544,310
Creditors: Amounts Falling Due Within One Year 8 (1,774,281 ) (1,864,821 )
NET CURRENT ASSETS (LIABILITIES) (1,233,031 ) (1,320,511 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,436,389 2,373,105
PROVISIONS FOR LIABILITIES
Deferred Taxation (7,243 ) (7,277 )
NET ASSETS 2,429,146 2,365,828
CAPITAL AND RESERVES
Called up share capital 9 100 100
Revaluation reserve 10 21,322 21,322
Profit and Loss Account 2,407,724 2,344,406
SHAREHOLDERS' FUNDS 2,429,146 2,365,828
Page 1
Page 2
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Kulvinder Singh Whaid
Director
19 May 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
S&W (UK) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08139919 . The registered office is Mbs House, 80 Eddington Lane, Herne Bay, Kent, CT6 5TR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Income is measured at the fair value of the consideration received or receivable from rents and service charges and sales of properties when contracts have been completed such that risks and rewards of ownership have transferred to customers. 
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2% straight line
Fixtures & Fittings 20% reducing balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually 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 for. Changes in fair value are recognised in the profit and loss account.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 November 2024 1,641,824 903 1,642,727
As at 31 October 2025 1,641,824 903 1,642,727
Depreciation
As at 1 November 2024 183,986 225 184,211
Provided during the period 24,060 136 24,196
As at 31 October 2025 208,046 361 208,407
Net Book Value
As at 31 October 2025 1,433,778 542 1,434,320
As at 1 November 2024 1,457,838 678 1,458,516
5. Investment Property
2025
£
Fair Value
As at 1 November 2024 and 31 October 2025 2,235,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2025 2024
£ £
Cost 2,206,571 2,206,571
Accumulated depreciation and impairment 220,657 176,526
Carrying amount 1,985,914 2,030,045
6. Investments
Subsidiaries
£
Cost or Valuation
As at 1 November 2024 100
As at 31 October 2025 100
Provision
As at 1 November 2024 -
As at 31 October 2025 -
Net Book Value
As at 31 October 2025 100
As at 1 November 2024 100
Page 4
Page 5
7. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 7,317 4,835
Other debtors 505,134 491,326
512,451 496,161
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1,797 -
Corporation tax 29,160 28,997
Other creditors 1,455,312 1,525,312
Accruals and deferred income 15,000 18,000
Director's loan account 273,012 292,512
1,774,281 1,864,821
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
10. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 November 2024 21,322 2,344,406
Profit for the year and total comprehensive income - 63,318
As at 31 October 2025 21,322 2,407,724
Page 5