REGISTERED NUMBER: 12572478 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2026

FOR

SWIFT FABRICATIONS (SW) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D J Smith

Mr W Wood

REGISTERED OFFICE:

Unit 50

Paragon Way

Lune Business Park

Lancaster

Lancashire

LA1 5FT

REGISTERED NUMBER:

12572478 (England and Wales)

ACCOUNTANTS:

JT2 Accountants

5 Crescent East

Thornton Cleveleys

Lancashire

FY5 3LJ

FIXED ASSETS

Tangible assets

4

14,498

19,331

CURRENT ASSETS

Debtors

5

61,453

39,307

Cash at bank

38,028

131,008

99,481

170,315

CREDITORS

Amounts falling due within one year

6

43,820

81,140

NET CURRENT ASSETS

55,661

89,175

TOTAL ASSETS LESS CURRENT LIABILITIES

70,159

108,506

CREDITORS

Amounts falling due after more than one year

7

(627

)

(8,156

)

PROVISIONS FOR LIABILITIES

(3,624

)

(4,833

)

NET ASSETS

65,908

95,517

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

65,808

95,417

65,908

95,517

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 10 September 2026 and were signed on its behalf by:

Mr D J Smith - Director

Mr W Wood - Director

1.	STATUTORY INFORMATION

Swift Fabrications (SW) Ltd 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

Turnover 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.

Plant and machinery etc

-

25% on reducing balance

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 May 2025

and 30 April 2026

8,357

37,300

1,100

46,757

DEPRECIATION

At 1 May 2025

5,381

21,564

481

27,426

Charge for year

744

3,934

155

4,833

At 30 April 2026

6,125

25,498

636

32,259

NET BOOK VALUE

At 30 April 2026

2,232

11,802

464

14,498

At 30 April 2025

2,976

15,736

619

19,331

Fixed assets, included in the above, which are held under finance leases are as follows:

Motor

vehicles

£

COST

At 1 May 2025

and 30 April 2026

37,300

DEPRECIATION

At 1 May 2025

21,564

Charge for year

3,934

At 30 April 2026

25,498

NET BOOK VALUE

At 30 April 2026

11,802

At 30 April 2025

15,736

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

60,240

37,242

Other Debtors

-

867

Social security and other taxes

853

853

Prepayments

360

345

61,453

39,307

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Finance leases

7,529

7,529

Trade creditors

10,598

10,178

Tax

11,224

43,125

VAT

12,453

18,762

Directors' current accounts

501

101

Accrued expenses

1,515

1,445

43,820

81,140

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Finance leases

627

8,156

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Finance leases

8,156

15,685

Fixed charges have been placed over the relevant fixed asset for each finance loan.

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year advances totalling £98,703 were made to the directors and credits totalling £99,103 were received from the directors.