REGISTERED NUMBER: 04150023 (England and Wales)

SWL Holdings Limited

Unaudited Financial Statements for the Year Ended 31 December 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S W Lunt

J Lunt

REGISTERED OFFICE:

19 Cave Road

Brough

East Yorkshire

HU15 1HA

REGISTERED NUMBER:

04150023 (England and Wales)

ACCOUNTANTS:

Smailes Goldie

Chartered Accountants

Regent's Court

Princess Street

Hull

East Yorkshire

HU2 8BA

FIXED ASSETS

Tangible assets

4

1,657

2,698

Investments

5

13,350

13,350

Investment property

6

9,001,405

9,593,750

9,016,412

9,609,798

CURRENT ASSETS

Debtors

7

5,067,271

4,388,595

Cash at bank

10,334

51,072

5,077,605

4,439,667

CREDITORS

Amounts falling due within one year

8

8,463,038

8,296,673

NET CURRENT LIABILITIES

(3,385,433

)

(3,857,006

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,630,979

5,752,792

CREDITORS

Amounts falling due after more than one year

9

(1,310,000

)

(2,086,021

)

PROVISIONS FOR LIABILITIES

(415

)

(675

)

NET ASSETS

4,320,564

3,666,096

CAPITAL AND RESERVES

Called up share capital

11

120,000

120,000

Retained earnings

12

4,200,564

3,546,096

SHAREHOLDERS' FUNDS

4,320,564

3,666,096

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 21 September 2026 and were signed on its behalf by:

S W Lunt - Director

1.	STATUTORY INFORMATION

SWL Holdings 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Preparation of consolidated financial statements

The financial statements contain information about SWL Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover represents amounts receivable, for services provided and rents receivable during the year, net of any tax.

Tangible fixed assets

Tangible fixed assets are stated at cost net of depreciation and any provision for impairment. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful economic life.

Plant and Machinery

- 25% on cost

Impairment of Assets

At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered any impairment in value. If there is indication of impairment, the recoverable amount of the asset is estimated and compared to its carrying value. If the estimated recoverable amount is lower that its carrying value, the carrying value is reduced to its estimated recoverable amount and an impairment loss is recognised immediately in the profit or loss.

Investment property

Land and buildings are classified as investment property when the property is held to earn rentals or for capital appreciation, or both. Investment property is initially measured at cost which comprises purchase price and any directly attributable expenditure, and subsequently remeasured to fair value at each reporting date with changes in fair value recognised in profit or loss.

Financial instruments

Basic financial instruments are recognised at amortised cost, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and there after at fair value with changes 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 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.

Investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2025

and 31 December 2025

6,296

DEPRECIATION

At 1 January 2025

3,598

Charge for year

1,041

At 31 December 2025

4,639

NET BOOK VALUE

At 31 December 2025

1,657

At 31 December 2024

2,698

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2025

and 31 December 2025

56,075

PROVISIONS

At 1 January 2025

and 31 December 2025

42,725

NET BOOK VALUE

At 31 December 2025

13,350

At 31 December 2024

13,350

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

9,593,750

Additions

255

Disposals

(592,600

)

At 31 December 2025

9,001,405

NET BOOK VALUE

At 31 December 2025

9,001,405

At 31 December 2024

9,593,750

Investment properties were valued on an open market basis on 31 December 2025 by the director.

Investment properties are included at fair value. Gains are recognised in the profit or loss account.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

336,681

24,702

Amounts owed by group undertakings

3,003,399

2,666,701

Other debtors

1,727,191

1,697,192

5,067,271

4,388,595

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

716,108

82,595

Trade creditors

-

29,860

Taxation and social security

73,342

71,308

Other creditors

7,673,588

8,112,910

8,463,038

8,296,673

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

716,021

Other creditors

1,310,000

1,370,000

1,310,000

2,086,021

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

784,451

711,854

Other creditors

480,000

480,000

1,264,451

1,191,854

The bank loan is secured by fixed and floating charges over all property and assets of the business.

Other creditors are secured against the properties to which they relate.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

120,000

Ordinary Share Capital

£1

120,000

120,000

12.

RESERVES

Retained

earnings

£

At 1 January 2025

3,546,096

Profit for the year

654,468

At 31 December 2025

4,200,564

13.	RELATED PARTY DISCLOSURES

At the year end the company owed the director £3,143,271 (2024: £3,317,271 ) in respect of a current account balance. Loans made to the company by the directors are unsecured, interest free and repayable on demand.

14.	ULTIMATE CONTROLLING PARTY

The controlling party is S W Lunt.