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REGISTERED NUMBER: 08914905 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

SWAILES SUITES LIMITED

SWAILES SUITES LIMITED (REGISTERED NUMBER: 08914905)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


SWAILES SUITES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2025







DIRECTOR: R H H Swailes





REGISTERED OFFICE: 4th Floor, St James House
St. James Square
Cheltenham
GL50 3PR





REGISTERED NUMBER: 08914905 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
4th Floor
St James House
St James Square
Cheltenham
England
GL50 3PR

SWAILES SUITES LIMITED (REGISTERED NUMBER: 08914905)

STATEMENT OF FINANCIAL POSITION
30 NOVEMBER 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 271,262 11,524
Investment property 5 8,345,001 8,345,001
8,616,263 8,356,525

CURRENT ASSETS
Debtors 6 2,860,552 2,349,413
Cash at bank 21,550 22,651
2,882,102 2,372,064
CREDITORS
Amounts falling due within one year 7 6,767,013 6,483,167
NET CURRENT LIABILITIES (3,884,911 ) (4,111,103 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,731,352

4,245,422

CREDITORS
Amounts falling due after more than one year 8 (220,759 ) (5,000 )

PROVISIONS FOR LIABILITIES (1,082,641 ) (1,007,400 )
NET ASSETS 3,427,952 3,233,022

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 2,828,406 2,828,406
Retained earnings 599,446 404,516
SHAREHOLDERS' FUNDS 3,427,952 3,233,022

SWAILES SUITES LIMITED (REGISTERED NUMBER: 08914905)

STATEMENT OF FINANCIAL POSITION - continued
30 NOVEMBER 2025


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 director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 July 2026 and were signed by:





R H H Swailes - Director


SWAILES SUITES LIMITED (REGISTERED NUMBER: 08914905)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025


1. STATUTORY INFORMATION

Swailes Suites Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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
Revenue 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 33% on reducing balance
Office equipment - 20% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax, with the following exceptions:

Deferred tax assets are recognised only to the extent that directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantially enacted at the balance sheet date.

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 contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

SWAILES SUITES LIMITED (REGISTERED NUMBER: 08914905)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2025


4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Motor Office
fittings vehicles equipment Totals
£    £    £    £   
Cost
At 1 December 2024 75,719 - 606 76,325
Additions - 265,000 5,232 270,232
At 30 November 2025 75,719 265,000 5,838 346,557
Depreciation
At 1 December 2024 64,680 - 121 64,801
Charge for year 2,208 7,288 998 10,494
At 30 November 2025 66,888 7,288 1,119 75,295
Net book value
At 30 November 2025 8,831 257,712 4,719 271,262
At 30 November 2024 11,039 - 485 11,524

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
Cost
Additions 265,000
At 30 November 2025 265,000
Depreciation
Charge for year 7,288
At 30 November 2025 7,288
Net book value
At 30 November 2025 257,712

5. INVESTMENT PROPERTY
Total
£   
Fair value
At 1 December 2024
and 30 November 2025 8,345,001
Net book value
At 30 November 2025 8,345,001
At 30 November 2024 8,345,001

The investment property is held at valuation. On an historical cost bases the property would have been included on the Balance Sheet at £4,586,655 (2024: £4,586,655). The investment property was valued by the director in the year on a fair value basis for existing use.

SWAILES SUITES LIMITED (REGISTERED NUMBER: 08914905)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2025


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors - 75
Other debtors 2,860,552 2,349,338
2,860,552 2,349,413

There is an amount included in ‘Other debtors’ of £2,633,514 that relates to loans provided by group companies. No interest is charged on these balances.

There is an amount of £222,944 included in 'Other Debtors' relates to a loan to a director. Interest is charged at HMRC's official rate of interest.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 5,000 10,000
Hire purchase contracts 27,469 -
Trade creditors 30,582 39,720
Taxation and social security 80,826 17,471
Other creditors 6,623,136 6,415,976
6,767,013 6,483,167

There is an amount included in ‘Other creditors’ of £6,388,876 that relates to loans provided by group companies. No interest is charged on these balances.

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans - 5,000
Hire purchase contracts 220,759 -
220,759 5,000

9. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Hire purchase contracts 248,228 -