Sweetman & Sons Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00518852 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Sweetman & Sons Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R A Sweetman

R N Sweetman

M A-M Gutowski - Sweetman

A K Sweetman

G Sweetman

SECRETARY:

R N Sweetman

REGISTERED OFFICE:

2 Wyevale Business Park

Kings Acre

Hereford

Herefordshire

HR4 7BS

REGISTERED NUMBER:

00518852 (England and Wales)

ACCOUNTANTS:

Thorne Widgery Accountancy Ltd

Chartered Accountants

2 Wyevale Business Park

Kings Acre

Hereford

Herefordshire

HR4 7BS

FIXED ASSETS

Tangible assets

4

703,354

703,704

CURRENT ASSETS

Debtors

5

1,625,099

1,591,126

Cash at bank

73,251

88,884

1,698,350

1,680,010

CREDITORS

Amounts falling due within one year

6

(147,018

)

(191,103

)

NET CURRENT ASSETS

1,551,332

1,488,907

TOTAL ASSETS LESS CURRENT LIABILITIES

2,254,686

2,192,611

CREDITORS

Amounts falling due after more than one
year

7

(614,950

)

(666,161

)

NET ASSETS

1,639,736

1,526,450

CAPITAL AND RESERVES

Called up share capital

9,175

Revaluation reserve

9

322,310

Capital redemption reserve

2,825

Special reserve

2,000

Retained earnings

1,303,426

1,190,140

SHAREHOLDERS' FUNDS

1,639,736

1,526,450

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 7 September 2026 and were signed on its behalf by:

R N Sweetman - Director

1.	STATUTORY INFORMATION

Sweetman & Sons 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 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.

Fixtures and fittings

-

25% reducing balance

Motor vehicles

-

25% reducing balance

Computer equipment

-

33% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

COST

At 1 January 2025

and 31 December 2025

719,254

6,932

9,500

2,381

738,067

DEPRECIATION

At 1 January 2025

16,948

6,900

8,162

2,353

34,363

Charge for year

-

7

334

9

350

At 31 December 2025

16,948

6,907

8,496

2,362

34,713

NET BOOK VALUE

At 31 December 2025

702,306

25

1,004

19

703,354

At 31 December 2024

702,306

32

1,338

28

703,704

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

107,978

80,435

Other debtors

1,517,121

1,510,691

1,625,099

1,591,126

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Bank loans and overdrafts

33,944

55,000

Trade creditors

(4,269

)

(807

)

Taxation and social security

40,731

64,035

Other creditors

76,612

72,875

147,018

191,103

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

Bank loans

614,950

666,161

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

394,950

446,161

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

Bank loans

648,894

721,161

9.

RESERVES

Revaluation

reserve

£

At 1 January 2025

and 31 December 2025

322,310