REGISTERED NUMBER: 07102057 (England and Wales)

Swan Independent Living Limited

Unaudited Financial Statements for the Year Ended 30 November 2025

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

87,443

112,157

CURRENT ASSETS

Debtors

5

145,040

163,998

Cash at bank

7,723

1,146

152,763

165,144

CREDITORS

Amounts falling due within one year

6

180,861

252,829

NET CURRENT LIABILITIES

(28,098

)

(87,685

)

TOTAL ASSETS LESS CURRENT LIABILITIES

59,345

24,472

PROVISIONS FOR LIABILITIES

851

3,302

NET ASSETS

58,494

21,170

CAPITAL AND RESERVES

Called up share capital

7

99

99

Retained earnings

58,395

21,071

SHAREHOLDERS' FUNDS

58,494

21,170

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 July 2026 and were signed on its behalf by:

G V Pattni - Director

R G Pattni - Director

1.	STATUTORY INFORMATION

Swan Independent Living Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

07102057

Registered office:

7 Paynes Park

Hitchin

Hertfordshire

SG5 1EH

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.

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 each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

property

fittings

Totals

£

£

£

COST

At 1 December 2024

123,478

56,404

179,882

Additions

-

2,283

2,283

At 30 November 2025

123,478

58,687

182,165

DEPRECIATION

At 1 December 2024

21,992

45,733

67,725

Charge for year

18,522

8,475

26,997

At 30 November 2025

40,514

54,208

94,722

NET BOOK VALUE

At 30 November 2025

82,964

4,479

87,443

At 30 November 2024

101,486

10,671

112,157

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

145,040

93,677

Other debtors

-

70,321

145,040

163,998

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

390

12,649

Taxation and social security

93,554

124,534

Other creditors

86,917

115,646

180,861

252,829

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

99

Ordinary shares

£1

99

99

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Aspendale Investments Limited by virtue of their majority share holding.