REGISTERED NUMBER: 04325606 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

Executive Hire SW Limited

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

Directors:

A Wheeler

Mrs N Wheeler

Secretary:

Mrs N Wheeler

Registered office:

Flat 59 Ocean Court

Richmond Walk

Plymouth

Devon

PL1 4QB

Registered number:

04325606 (England and Wales)

Accountants:

Websters

129 North Hill

Plymouth

Devon

PL4 8JY

Fixed assets

Tangible assets

4

9,512

245,709

Current assets

Debtors: amounts falling due within one year

5

110,064

69,460

Debtors: amounts falling due after more than one year

5

240,000

-

Cash at bank and in hand

147,353

58,741

497,417

128,201

Creditors

Amounts falling due within one year

6

140,036

89,743

Net current assets

357,381

38,458

Total assets less current liabilities

366,893

284,167

Creditors

Amounts falling due after more than one year

7

4,965

18,773

Net assets

361,928

265,394

Capital and reserves

Called up share capital

9

100

100

Retained earnings

361,828

265,294

Shareholders' funds

361,928

265,394

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Profit & Loss Account 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:

A Wheeler - Director

1.	STATUTORY INFORMATION

Executive Hire SW 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

Turnover is measured at the fair value of the consideration receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services recognised at the point of completing the contract.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life as follows:

Fixtures and fittings

20% reducing balance

Motor vehicles

25% reducing balance

Freehold property

1% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions are employer payments to employee schemes and charged to profit or loss in the period in which they relate.

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2025 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Motor

property

fittings

vehicles

Totals

£

£

£

£

Cost

At 1 April 2025

175,556

1,308

271,121

447,985

Disposals

(175,556

)

-

(209,172

)

(384,728

)

At 31 March 2026

-

1,308

61,949

63,257

Depreciation

At 1 April 2025

5,215

638

196,423

202,276

Charge for year

567

134

39,603

40,304

Eliminated on disposal

(5,782

)

-

(183,053

)

(188,835

)

At 31 March 2026

-

772

52,973

53,745

Net book value

At 31 March 2026

-

536

8,976

9,512

At 31 March 2025

170,341

670

74,698

245,709

5.

DEBTORS

2026

2025

£

£

Amounts falling due within one year:

Trade debtors

50,064

69,460

Other debtors

60,000

-

110,064

69,460

Amounts falling due after more than one year:

Other debtors

240,000

-

Aggregate amounts

350,064

69,460

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

-

3,560

Hire purchase contracts

12,037

19,423

Trade creditors

17,641

12,216

Taxation and social security

47,457

19,063

Other creditors

62,901

35,481

140,036

89,743

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

997

Hire purchase contracts

4,965

17,776

4,965

18,773

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Hire purchase contracts

17,002

37,199

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

£1

100

100

10.	RELATED PARTY DISCLOSURES

At the balance sheet date the company owed the following amounts to related parties:

A Wheeler

Director and shareholder

£28,354

Mrs N Wheeler

Director and shareholder

£28,354

No interest is payable on overdrawn amounts and the amount is repayable on demand.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is A Wheeler.