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Registered number: 03227503
JACKMAN SW LIMITED
Unaudited Financial Statements
For The Year Ended 31 July 2026
PATRICK JAMES AND CO (SW) LTD
CPAA
ROOM G2, MOUNT WISE HOUSE
I DISCOVERY ROAD
MOUNT WISE, PLYMOUTH
DEVON
PL1 4QU
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 03227503
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 455,396 544,682
455,396 544,682
CURRENT ASSETS
Stocks 5 2,541 2,541
Debtors 6 232,491 143,576
Cash at bank and in hand 561,375 404,817
796,407 550,934
Creditors: Amounts Falling Due Within One Year 7 (366,669 ) (282,416 )
NET CURRENT ASSETS (LIABILITIES) 429,738 268,518
TOTAL ASSETS LESS CURRENT LIABILITIES 885,134 813,200
Creditors: Amounts Falling Due After More Than One Year 8 (37,434 ) (88,637 )
NET ASSETS 847,700 724,563
CAPITAL AND RESERVES
Called up share capital 10 10,100 10,100
Profit and Loss Account 837,600 714,463
SHAREHOLDERS' FUNDS 847,700 724,563
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For the year ending 31 July 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr ALAN MARK
Director
03/09/2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
JACKMAN SW LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 03227503 . The registered office is Unit 7, Kestrel Park, Burrington Way Industrial Estate, Plymouth, Devon, PL5 3LT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 5% SL
Plant & Machinery 25% RB
Solar Panels 4% SL
Fixtures & Fittings 25% SL
Computer Equipment 25% RB
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 14 (2025: 13)
14 13
4. Tangible Assets
Land & Property
Leasehold Other Motor Vehicles Plant & Machinery Solar Panels
£ £ £ £
Cost
As at 1 August 2025 44,829 62,883 599,773 70,834
Additions - - 69,972 -
Disposals - - (74,224 ) -
As at 31 July 2026 44,829 62,883 595,521 70,834
Depreciation
As at 1 August 2025 5,063 12,118 234,828 2,792
Provided during the period 2,241 12,691 89,058 2,833
Disposals - - (17,891 ) -
As at 31 July 2026 7,304 24,809 305,995 5,625
Net Book Value
As at 31 July 2026 37,525 38,074 289,526 65,209
As at 1 August 2025 39,766 50,765 364,945 68,042
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Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 August 2025 646 79,869 858,834
Additions - 12,252 82,224
Disposals - - (74,224 )
As at 31 July 2026 646 92,121 866,834
Depreciation
As at 1 August 2025 646 58,705 314,152
Provided during the period - 8,354 115,177
Disposals - - (17,891 )
As at 31 July 2026 646 67,059 411,438
Net Book Value
As at 31 July 2026 - 25,062 455,396
As at 1 August 2025 - 21,164 544,682
5. Stocks
2026 2025
£ £
Materials 2,541 2,541
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 218,658 138,804
Other debtors 3,833 4,772
Directors' loan accounts 10,000 -
232,491 143,576
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 46,581 55,737
Trade creditors 122,905 97,776
Corporation tax 107,445 28,185
VAT 56,659 75,823
Other creditors 21,214 13,030
Accruals and deferred income 11,865 11,865
366,669 282,416
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8. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 37,434 88,637
9. Obligations Under Finance Leases and Hire Purchase
2026 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year 46,581 55,737
Later than one year and not later than five years 37,434 88,637
84,015 144,374
84,015 144,374
10. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 10,100 10,100
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 August 2025 Amounts advanced Amounts repaid Amounts written off As at 31 July 2026
£ £ £ £ £
Mr ALAN MARK - 20,000 10,000 - 10,000
The above loan is unsecured, interest free and repayable on demand.
12. Dividends
2026 2025
£ £
On equity shares:
Final dividend paid 96,480 64,960
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