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Company Registration No. 10570787 (England and Wales)
SW VAN CONVERSIONS & SALES LIMITED Unaudited accounts for the year ended 31 December 2025
SW VAN CONVERSIONS & SALES LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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SW VAN CONVERSIONS & SALES LIMITED Company Information for the year ended 31 December 2025
Director
Terry Paul Mulcock
Company Number
10570787 (England and Wales)
Registered Office
UNIT 1 ABERGARW TRADING ESTATE BRYNMENYN BRIDGEND CF32 9LW UNITED KINGDOM
Accountants
Richlands Accountancy Limited Richlands Maesteg Road Tondu Bridgend CF32 9BT
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SW VAN CONVERSIONS & SALES LIMITED Statement of financial position as at 31 December 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
86,405 
102,033 
Current assets
Inventories
116,216 
64,683 
Debtors
5
955 
48,772 
Cash at bank and in hand
20,326 
- 
137,497 
113,455 
Creditors: amounts falling due within one year
6
(235,129)
(195,038)
Net current liabilities
(97,632)
(81,583)
Total assets less current liabilities
(11,227)
20,450 
Creditors: amounts falling due after more than one year
7
- 
(3,036)
Net (liabilities)/assets
(11,227)
17,414 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(11,327)
17,314 
Shareholders' funds
(11,227)
17,414 
For the year ending 31 December 2025 the company was entitled to exemption from audit 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 September 2026 and were signed on its behalf by
Terry Paul Mulcock Director Company Registration No. 10570787
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SW VAN CONVERSIONS & SALES LIMITED Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
SW VAN CONVERSIONS & SALES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10570787. The registered office is UNIT 1 ABERGARW TRADING ESTATE, BRYNMENYN, BRIDGEND, CF32 9LW, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
20% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2025
73,797 
105,218 
12,959 
191,974 
Additions
4,262 
- 
5,234 
9,496 
At 31 December 2025
78,059 
105,218 
18,193 
201,470 
Depreciation
At 1 January 2025
30,157 
52,642 
7,142 
89,941 
Charge for the year
9,580 
13,144 
2,400 
25,124 
At 31 December 2025
39,737 
65,786 
9,542 
115,065 
Net book value
At 31 December 2025
38,322 
39,432 
8,651 
86,405 
At 31 December 2024
43,640 
52,576 
5,817 
102,033 
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SW VAN CONVERSIONS & SALES LIMITED Notes to the Accounts for the year ended 31 December 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
- 
2,214 
Trade debtors
- 
14,040 
Accrued income and prepayments
705 
- 
Other debtors
250 
32,518 
955 
48,772 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
38,346 
65,093 
VAT
22,725 
- 
Obligations under finance leases and hire purchase contracts
13,632 
- 
Trade creditors
40,463 
1,688 
Taxes and social security
30,471 
29,389 
Other creditors
25,994 
91,868 
Loans from directors
39,498 
- 
Accruals
24,000 
7,000 
235,129 
195,038 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
- 
3,036 
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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