SWAIN ENTERPRISE LIMITED


Director	Mr Jonathan Paul Tanfield Swain


Registered Address	124 City Road
	London
	EC1V 2NX


Registered Number	13722663 (England and Wales)

Balance Sheet as at
28 February 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Investments	3		1,100		1,200
			1,100		1,200
Current assets
Debtors	5	1,531,798		1,186,777
Cash at bank and on hand		39,553		7,467
		1,571,351		1,194,244
Creditors amounts falling due within one year	6	(23,606)		(75,709)
Net current assets (liabilities)			1,547,745		1,118,535
Total assets less current liabilities			1,548,845		1,119,735
Net assets			1,548,845		1,119,735
Capital and reserves
Called up share capital			500		500
Profit and loss account			1,548,345		1,119,235
Shareholders' funds			1,548,845		1,119,735

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 22 September 2026, and are signed on its behalf by:

Mr Jonathan Paul Tanfield Swain
Director
Registered Company No. 13722663

SWAIN ENTERPRISE LIMITED

Notes to the Financial Statements
for the year ended 28 February 2026

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 accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Dividend income
	Dividend income is recognised when the right to receive payment is established.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Defined contribution pension plan
	The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

Defined contribution pension plan

The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Cash and cash equivalents
	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less.

Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

	Related parties
	For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	1		1

3.	Fixed asset investments
	At 28 February 2026, the company held 100% of the share capital of Redstar Online Limited, United Property Group Limited and Aston Group Estates Limited. The three subsidiaries are incorporated in the UK

	Investments in groups¹	Total
	£	£
Cost or valuation
At 01 March 25	1,200	1,200
Disposals	(100)	(100)
At 28 February 26	1,100	1,100
Net book value
At 28 February 26	1,100	1,100
At 28 February 25	1,200	1,200

	Notes
	¹Investments in group undertakings and participating interests

4.	Impairment of fixed asset investments
	£100 share capital in Mollypops Limited was written off in the year as the company was wound up.

5.	Debtors: amounts due within one year

	2026	2025
	£	£
Amounts owed by group undertakings	1,531,157	1,186,597
Other debtors	641	-
Prepayments and accrued income	-	180
Total	1,531,798	1,186,777

6.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	232	287
Amounts owed to related parties	18,560	71,744
Other creditors	4,814	3,379
Accrued liabilities and deferred income	-	299
Total	23,606	75,709

7.	Related party transactions
	The following loans are unsecured, interest free and repayable on demand Included in current debtors: Redstar Online Limited - Wholly owned Subsidiary Amount owed to Swain Enterprise Limited of £729,982 (2025 - £370,422) Aston Group Estates Limited - Wholly owned Subsidiary Amount owed to Aston Group Estates Limited of £801,175 (2025 - £816,175) Included in current liabilities: Jonathan Swain - Director Loan to Swain Enterprise Limited of £3,379 (2025 - £3,379) United Property Group Limited - Wholly owned Subsidiary Loan to Swain Enterprise Limited of £18,560 (2025 - £54,000) Mollypops Limited - Wholly owned Subsidiary Loan owed to Mollypops Limited £NIL (2025 - £17,743)

Related party transactions

The following loans are unsecured, interest free and repayable on demand

Included in current debtors:

Redstar Online Limited - Wholly owned Subsidiary
Amount owed to Swain Enterprise Limited of £729,982 (2025 - £370,422)

Aston Group Estates Limited - Wholly owned Subsidiary
Amount owed to Aston Group Estates Limited of £801,175 (2025 - £816,175)

Included in current liabilities:

Jonathan Swain - Director
Loan to Swain Enterprise Limited of £3,379 (2025 - £3,379)

United Property Group Limited - Wholly owned Subsidiary
Loan to Swain Enterprise Limited of £18,560 (2025 - £54,000)

Mollypops Limited - Wholly owned Subsidiary
Loan owed to Mollypops Limited £NIL (2025 - £17,743)