Company Registration No. 09273642 (Wales)
South Wales Hardware Supplies Limited
Unaudited accounts
for the year ended 31 October 2025
South Wales Hardware Supplies Limited
Unaudited accounts
Contents
South Wales Hardware Supplies Limited
Company Information
for the year ended 31 October 2025
Director
Luke William Christopher
Company Number
09273642 (Wales)
Registered Office
Unit 11 Pwll Mawr Court
Wentloog Road
Rumney
Cardiff
CF3 1TH
Accountants
Insight Accountancy
Unit 16, Lamby Way Workshops
Lamby Way
Cardiff
CF3 2EQ
South Wales Hardware Supplies Limited
Statement of financial position
as at 31 October 2025
Tangible assets
11,177
14,646
Cash at bank and in hand
61,413
68,007
Creditors: amounts falling due within one year
(267,590)
(322,788)
Net current assets
96,194
84,872
Total assets less current liabilities
107,371
99,518
Creditors: amounts falling due after more than one year
(364,944)
(305,956)
Net liabilities
(257,573)
(206,438)
Called up share capital
1
1
Profit and loss account
(257,574)
(206,439)
Shareholders' funds
(257,573)
(206,438)
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 members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 July 2026 and were signed on its behalf by
Luke William Christopher
Director
Company Registration No. 09273642
South Wales Hardware Supplies Limited
Notes to the Accounts
for the year ended 31 October 2025
South Wales Hardware Supplies Limited is a private company, limited by shares, registered in Wales, registration number 09273642. The registered office is Unit 11 Pwll Mawr Court, Wentloog Road, Rumney, Cardiff, CF3 1TH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% Straight Line
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Reducing Balance
The financial statements have been prepared on a going concern basis. Although the company’s net assets are negative, the directors consider it appropriate as the company is expected to meet its liabilities as they fall due.
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2024
25,000
18,102
13,416
56,518
At 31 October 2025
25,000
18,102
13,416
56,518
At 1 November 2024
23,200
9,317
9,355
41,872
Charge for the year
900
1,757
812
3,469
At 31 October 2025
24,100
11,074
10,167
45,341
At 31 October 2025
900
7,028
3,249
11,177
At 31 October 2024
1,800
8,785
4,061
14,646
South Wales Hardware Supplies Limited
Notes to the Accounts
for the year ended 31 October 2025
Amounts falling due within one year
Trade debtors
230,488
258,917
Accrued income and prepayments
244
9,097
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
157,220
172,057
Loans from directors
153,821
196,414
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
320,916
255,956
8
Average number of employees
During the year the average number of employees was 9 (2024: 8).