Caseware UK (AP4) 2025.0.111 2025.0.111 2025-12-31 2025-12-31 9803594 true 1 true true true true 2025-01-01 false 1 true true 09803594 2025-01-01 2025-12-31 09803594 2024-01-01 2024-12-31 09803594 2025-12-31 09803594 2024-12-31 09803594 c:Director1 2025-01-01 2025-12-31 09803594 d:CurrentFinancialInstruments 2025-12-31 09803594 d:CurrentFinancialInstruments 2024-12-31 09803594 d:CurrentFinancialInstruments d:WithinOneYear 2025-12-31 09803594 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 09803594 d:ShareCapital 2025-12-31 09803594 d:ShareCapital 2024-12-31 09803594 d:RetainedEarningsAccumulatedLosses 2025-01-01 2025-12-31 09803594 d:RetainedEarningsAccumulatedLosses 2025-12-31 09803594 d:RetainedEarningsAccumulatedLosses 2024-12-31 09803594 c:OrdinaryShareClass1 2025-01-01 2025-12-31 09803594 c:OrdinaryShareClass1 2025-12-31 09803594 c:OrdinaryShareClass1 2024-12-31 09803594 c:FRS102 2025-01-01 2025-12-31 09803594 c:Audited 2025-01-01 2025-12-31 09803594 c:FullAccounts 2025-01-01 2025-12-31 09803594 c:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 09803594 c:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 09803594 2 2025-01-01 2025-12-31 xbrli:shares iso4217:GBP xbrli:pure

Swirl Consumer Products Limited Registered number: 09803594 Information for filing with the Registrar For the year ended 31 December 2025
|  | 31 December 2025
SWIRL CONSUMER PRODUCTS LIMITED REGISTERED NUMBER: 09803594 STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 1,357,310 |  | 1,086,705 |
Cash at bank and in hand | 7 | 53,053 |  | 351,420 |
|  | 1,410,363 |  | 1,438,125 |
Creditors: amounts falling due within one year | 8 | (20,731) |  | (46,230) |
Net current assets |  |  | 1,389,632 |  | 1,391,895
Total assets less current liabilities |  |  | 1,389,632 |  | 1,391,895
Net assets |  |  | 1,389,632 |  | 1,391,895
Capital and reserves |  |  |  |  |
Called up share capital | 9 |  | 100 |  | 100
Profit and loss account | 10 |  | 1,389,532 |  | 1,391,795
|  |  | 1,389,632 |  | 1,391,895
The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 22 July 2026.
R L Shonn
Director
The notes on pages 2 to 9 form part of these financial statements. - 1 -
|  | 31 December 2025
SWIRL CONSUMER PRODUCTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1. | General information
Swirl Consumer Products Limited ('the Company') is a private limited company incorporated in England and Wales. The address of its registered office and principal place of business is The Old School House, 39 Bengal Street, Manchester, M4 6AF. The principal activity of the Company is that of wholesaling branded domestic products. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies (see note 3). The following principal accounting policies have been applied:
| 2.2 | Financial Reporting Standard 102 - reduced disclosure exemptions
The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland": ∙the requirements of Section 7 Statement of Cash Flows; ∙the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d); ∙the requirements of Section 11 Financial Instruments paragraphs 11.42, 11.44 to 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c); ∙the requirements of Section 12 Other Financial Instruments paragraphs 12.26 to 12.27, 12.29(a), 12.29(b) and 12.29A; ∙the requirements of Section 33 Related Party Disclosures paragraph 33.7. This information is included in the consolidated financial statements of Eurostation Holdings Limited as at 31 December 2025 and these financial statements may be obtained from The Old School House, 39 Bengal Street, Manchester, M4 6AF.
| 2.3 | Going concern
These financial statements have been prepared on a going concern basis. The Director, having considered the financial position of the Company for a period of at least twelve months from the date of signing these financial statements, have no reason to believe that a material uncertainty exists that may cast doubt about the ability of the Company to continue as a going concern. The parent entity will provide support to make sufficient funds available if needed for at least twelve months from the date of the audit report. - 2 -
|  | 31 December 2025
SWIRL CONSUMER PRODUCTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.4 | Foreign currency translation
Functional and presentation currency The Company's functional and presentational currency is GBP, rounded to the nearest £1. Transactions and balances Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined. Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges. Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.
| 2.5 | Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised: Sale of goods Turnover from the sale of goods is recognised when all of the following conditions are satisfied: ∙the Company has transferred the significant risks and rewards of ownership to the buyer; ∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; ∙the amount of turnover can be measured reliably; ∙it is probable that the Company will receive the consideration due under the transaction; and ∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.
| 2.6 | Interest income
Interest income is recognised in profit or loss using the effective interest method. - 3 -
|  | 31 December 2025
SWIRL CONSUMER PRODUCTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.7 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
| 2.8 | Borrowing costs
All borrowing costs are recognised in the Statement of Comprehensive Income in the year in which they are incurred.
| 2.9 | Taxation
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.
| 2.10 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.11 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.12 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. - 4 -
|  | 31 December 2025
SWIRL CONSUMER PRODUCTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.13 | Financial instruments
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments. The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102. Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, 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. Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments. Impairment of financial assets Financial assets are assessed for indicators of impairment at each reporting date. Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate. If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss. - 5 -
|  | 31 December 2025
SWIRL CONSUMER PRODUCTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.13 | Financial instruments (continued)
Financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities. Basic financial liabilities, which include trade and other payables, bank loans, other loans and loans due to fellow group companies are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial. Debt instruments are subsequently carried at their amortised cost using the effective interest rate method. Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial. Derecognition of financial instruments Derecognition of financial assets Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained. Derecognition of financial liabilities Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled. - 6 -
|  | 31 December 2025
SWIRL CONSUMER PRODUCTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
3. | Judgments in applying accounting policies and key sources of estimation uncertainty
In applying the Company's accounting policies, the Director are required to make judgments, estimates and assumptions in determining the carrying amount of assets and liabilities. The Director's judgments, estimates and assumptions are based on the best and most reliable evidence available at the time when decisions are made, and are based on historical experience and other factors that are considered to be applicable. Due to the inherent subjectivity involved in making such judgments, estimates and assumptions, the actual results and outcomes may differ. The estimates and assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods, if the revision affects both current and future periods. The Director believes that the critical accounting policies where judgments or estimates are necessarily applied are stock provisions, bad debt provisions and the useful expected lives of plant and machinery.
4. | Auditor's remuneration
| During the year, the Company obtained the following services from the Company's auditor:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Fees payable to the Company's auditor for the audit of the Company's financial statements | 7,550 | 9,150
5. | Employees
| The average monthly number of employees, including Directors, during the year was 1 (2024 - 1).
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | - | 8,109
| Amounts owed by group undertakings | 1,082,310 | 1,076,666
| Other debtors | 275,000 | 1,317
| Prepayments and accrued income | - | 613
|  | 1,357,310 | 1,086,705
| Amounts owed by group undertakings are interest free and repayable on demand.
- 7 -
|  | 31 December 2025
SWIRL CONSUMER PRODUCTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
7. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 53,053 | 351,420
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | - | 7,521
| Corporation tax | - | 14,903
| Other taxation and social security | 86 | -
| Accruals and deferred income | 20,645 | 23,806
|  | 20,731 | 46,230
9. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 100 (2024 - 100) Ordinary shares of £1.00 each | 100 | 100
| All Ordinary shares hold the right to vote and receive payments of dividends and distributions.
10. | Reserves
Profit and loss account The balance of the profit & loss account represents the accumulated profits of the Company less any distributed dividends.
11. | Related party transactions
| The Company has taken advantage of the exemption permitted by Section 33 Related Party Disclosures not to provide disclosures of transactions entered into with other wholly-owned members of the Group.
- 8 -
|  | 31 December 2025
SWIRL CONSUMER PRODUCTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
12. | Controlling party
The immediate parent company is 151 Products Limited. The ultimate parent undertaking and controlling party, and the largest group into which the Company is consolidated is Eurostation Holdings Limited, which is also registered in England and Wales with the registered address: The Old School House, 39 Bengal Street, Manchester, United Kingdom, M4 6AF.
13. | Auditor's information
The auditor's report on the financial statements for the year ended 31 December 2025 was unqualified. The audit report was signed on 22 July 2026 by John Daly (Senior Statutory Auditor) on behalf of Forvis Mazars LLP.
- 9 -