Company Registration No. 11371418 (England and Wales)
Swagbeer Ltd
Unaudited accounts
for the year ended 31 May 2026
Swagbeer Ltd
Unaudited accounts
Contents
Swagbeer Ltd
Company Information
for the year ended 31 May 2026
Directors
Elizabeth Pearson
Robert Edward Pearson
Company Number
11371418 (England and Wales)
Registered Office
19 Claremont Lane
Esher
Surrey
KT10 9DP
England
Accountants
JHW Azoth Ltd
13 The Close
Norwich
Norfolk
NR1 4DS
Swagbeer Ltd
Statement of financial position
as at 31 May 2026
Cash at bank and in hand
7,894
7,102
Creditors: amounts falling due within one year
(35,095)
(43,540)
Net current assets
5,810
9,075
Total assets less current liabilities
6,462
10,259
Creditors: amounts falling due after more than one year
-
(2,382)
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
6,298
7,580
Shareholders' funds
6,299
7,581
For the year ending 31 May 2026 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 directors acknowledge their 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 of Directors and authorised for issue on 24 August 2026 and were signed on its behalf by
Elizabeth Pearson
Director
Company Registration No. 11371418
Swagbeer Ltd
Notes to the Accounts
for the year ended 31 May 2026
Swagbeer Ltd is a private company, limited by shares, registered in England and Wales, registration number 11371418. The registered office is 19 Claremont Lane, Esher, Surrey, KT10 9DP, England.
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.
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Tangible fixed assets and depreciation
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer equipment
33% Straight Line
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Swagbeer Ltd
Notes to the Accounts
for the year ended 31 May 2026
4
Tangible fixed assets
Computer equipment
Raw materials
13,920
24,681
Amounts falling due within one year
Other debtors
19,091
20,832
7
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
2,370
3,800
Taxes and social security
28
903
Other creditors
2,466
5,099
Loans from directors
28,374
30,519
8
Creditors: amounts falling due after more than one year
2026
2025
Allotted, called up and fully paid:
1 Class A share of £1 each
1
1
Swagbeer Ltd
Notes to the Accounts
for the year ended 31 May 2026
10
Average number of employees
During the year the average number of employees was 1 (2025: 1).