Company registration number 06491652 (England and Wales)
J J A STILWELL LTD
SWIFT CONSTRUCTION MANAGEMENT
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2026
J J A STILWELL LTD
SWIFT CONSTRUCTION MANAGEMENT
COMPANY INFORMATION
Directors
Mr J J Stilwell
Mrs T Stilwell
Secretary
Mrs T Stilwell
Company number
06491652
Registered office
Cross Park
Ringmore
Kingsbridge
Devon
TQ7 4HW
Accountants
Streets Bush Limited
Melrose House
Pynes Hill
Rydon Lane
Exeter
Devon
EX2 5AZ
J J A STILWELL LTD
SWIFT CONSTRUCTION MANAGEMENT
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 7
J J A STILWELL LTD
SWIFT CONSTRUCTION MANAGEMENT
BALANCE SHEET
AS AT
28 FEBRUARY 2026
28 February 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
2,704
3,903
Current assets
Stocks and work in progress
30,450
57,189
Debtors
4
48,250
112,279
Cash at bank and in hand
8,124
3,008
86,824
172,476
Creditors: amounts falling due within one year
5
(47,152)
(75,972)
Net current assets
39,672
96,504
Total assets less current liabilities
42,376
100,407
Creditors: amounts falling due after more than one year
6
(19,379)
(25,369)
Provisions for liabilities
(514)
(921)
Net assets
22,483
74,117
Capital and reserves
Called up share capital
1,000
1,000
Retained earnings
21,483
73,117
Total equity
22,483
74,117
J J A STILWELL LTD
SWIFT CONSTRUCTION MANAGEMENT
BALANCE SHEET (CONTINUED)
AS AT
28 FEBRUARY 2026
28 February 2026
- 2 -

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

For the financial year ended 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 15 July 2026 and are signed on its behalf by:
Mr J J Stilwell
Director
Company Registration No. 06491652
J J A STILWELL LTD
SWIFT CONSTRUCTION MANAGEMENT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2026
- 3 -
1
Accounting policies
Company information

J J A Stilwell Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Cross Park, Ringmore, Kingsbridge, Devon, TQ7 4HW.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recover ed.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
25% Straight line
Fixtures and fittings
25% Straight line
Computers
33% Straightline
Motor vehicles
25% Reducing balance
J J A STILWELL LTD
SWIFT CONSTRUCTION MANAGEMENT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
1
Accounting policies
(Continued)
- 4 -

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

J J A STILWELL LTD
SWIFT CONSTRUCTION MANAGEMENT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
1
Accounting policies
(Continued)
- 5 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date 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 is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the income statement, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.8

Amounts recoverable on contract

Amounts recoverable on contracts are calculated in accordance with FRS 102, in so far that time

completed on contracts is included at invoice value.

1.9

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.

Those held under hire purchase contacts are depreciated over their estimates useful lives. Those held

under finance leases are depreciated over their useful lives or the lease term. whichever is shorter.

The interest element of these obligations is charged to profit or

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
2
3
J J A STILWELL LTD
SWIFT CONSTRUCTION MANAGEMENT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
- 6 -
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 March 2025 and 28 February 2026
31,878
Depreciation and impairment
At 1 March 2025
27,974
Depreciation charged in the year
1,200
At 28 February 2026
29,174
Carrying amount
At 28 February 2026
2,704
At 28 February 2025
3,903
4
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
16,716
32,125
Other debtors
31,534
80,154
48,250
112,279
5
Creditors: amounts falling due within one year
2026
2025
£
£
Bank loans and overdrafts
5,833
17,243
Trade creditors
7,692
855
Taxation and social security
18,615
35,034
Other creditors
15,012
22,840
47,152
75,972
J J A STILWELL LTD
SWIFT CONSTRUCTION MANAGEMENT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
- 7 -
6
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans and overdrafts
19,379
25,369
7
Related party transactions

At the year end, the company had a loan from the directors' of £2,098 (202 5: the directors' owed the company £44,512). There are no fixed terms of repayment and no interest is charged.

2026-02-28 2025-03-01 false false false 15 July 2026 CCH Software CCH Accounts Production 2026.100 The principal activity in the year was that of quantity surveying and project management.
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