SDW Trading Limited


Director	Stuart Warwick


Registered Address	18 Wingfield Drive
	Potton
	Sandy
	SG19 2GQ


Registered Number	07708232 (England and Wales)

Balance Sheet as at
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		1,155		1,541
Investments	4		593,144		559,821
			594,299		561,362
Current assets
Debtors	5	28,829		23,785
Cash at bank and on hand		53,806		37,483
		82,635		61,268
Creditors amounts falling due within one year	6	(112,758)		(114,955)
Net current assets (liabilities)			(30,123)		(53,687)
Total assets less current liabilities			564,176		507,675
Creditors amounts falling due after one year	7		-		(3,875)
Provisions for liabilities	8		-		(42,874)
Net assets			564,176		460,926
Capital and reserves
Called up share capital			1		1
Revaluation reserve			75,996		128,622
Profit and loss account			488,179		332,303
Shareholders' funds			564,176		460,926

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 11 August 2026, and are signed on its behalf by:

Stuart Warwick
Director
Registered Company No. 07708232

SDW Trading Limited

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	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.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Cryptocurrency assets
	Cryptocurrency assets are recorded as intangible assets and can be measured at either cost or revaluation. The company has elected to measure them at revaluation as there is now an active market across across many digital exchanges. Therefore, these are recognised at fair value. The assets are held for investment purposes and therefore cannot be recognised as stock as they are not being held for sale in the ordinary course of business.

Cryptocurrency assets

Cryptocurrency assets are recorded as intangible assets and can be measured at either cost or revaluation. The company has elected to measure them at revaluation as there is now an active market across across many digital exchanges. Therefore, these are recognised at fair value. The assets are held for investment purposes and therefore cannot be recognised as stock as they are not being held for sale in the ordinary course of business.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 January 25	6,393	6,393
At 31 December 25	6,393	6,393
Depreciation and impairment
At 01 January 25	4,852	4,852
Charge for year	386	386
At 31 December 25	5,238	5,238
Net book value
At 31 December 25	1,155	1,155
At 31 December 24	1,541	1,541

4.	Fixed asset investments

	Other investments¹	Total
	£	£
Cost or valuation
At 01 January 25	559,821	559,821
Additions	85,948	85,948
Revaluations	(52,625)	(52,625)
At 31 December 25	593,144	593,144
Net book value
At 31 December 25	593,144	593,144
At 31 December 24	559,821	559,821

	Notes
	¹Other investments other than loans

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	16,579	23,157
Other debtors	11,146	330
Prepayments and accrued income	1,104	298
Total	28,829	23,785

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Bank borrowings and overdrafts	3,875	9,300
Taxation and social security	106,383	98,566
Other creditors	-	4,589
Accrued liabilities and deferred income	2,500	2,500
Total	112,758	114,955

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	-	3,875
Total	-	3,875

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	-	42,874
Total	-	42,874

9.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
Stuart Warwick	22,340	10,392	22,340	10,392
	22,340	10,392	22,340	10,392


	During the year, the company made advances to a director. The loan is unsecured, bears interest at HM Revenue & Customs' official rate of interest and is repayable on demand.