REGISTERED NUMBER: 11134145 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2025 TO 31 DECEMBER 2025

FOR

SWEETMILE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Ms L J Hopper

M J Moore

Ms H Young

REGISTERED OFFICE:

Tuscany House

White Hart Lane

Basingstoke

Hampshire

RG21 4AF

REGISTERED NUMBER:

11134145 (England and Wales)

ACCOUNTANTS:

Galloways Accounting Limited

15 West Street

Brighton

East Sussex

BN1 2RL

FIXED ASSETS

Tangible assets

4

1,633,348

1,300,267

CURRENT ASSETS

Debtors

5

1,082,631

520,365

Cash at bank

705,456

107,031

1,788,087

627,396

CREDITORS

Amounts falling due within one year

6

1,868,355

1,815,505

NET CURRENT LIABILITIES

(80,268

)

(1,188,109

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,553,080

112,158

CREDITORS

Amounts falling due after more than one year

7

(473,360

)

(6,222

)

PROVISIONS FOR LIABILITIES

(148,133

)

(75,282

)

NET ASSETS

931,587

30,654

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

931,487

30,554

931,587

30,654

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

The members have not required the company to obtain an audit of its financial statements for the period 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:

M J Moore - Director

1.	STATUTORY INFORMATION

Sweetmile 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.

Land and buildings

-

10% straight line

Plant and machinery etc

-

25% straight line, 25% on reducing balance and 33% straight line

Taxation

Taxation for the period 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 period 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 146 (2025 - 120 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2025

1,537,761

498,183

2,035,944

Additions

385,103

120,110

505,213

At 31 December 2025

1,922,864

618,293

2,541,157

DEPRECIATION

At 1 April 2025

336,382

399,295

735,677

Charge for period

120,481

51,651

172,132

At 31 December 2025

456,863

450,946

907,809

NET BOOK VALUE

At 31 December 2025

1,466,001

167,347

1,633,348

At 31 March 2025

1,201,379

98,888

1,300,267

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2025

£

£

Trade debtors

106,666

229,267

Amounts owed by group undertakings

893,154

176,576

Other debtors

82,811

114,522

1,082,631

520,365

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2025

£

£

Hire purchase contracts (see note 8)

8,162

7,362

Trade creditors

97,579

252,233

Amounts owed to group undertakings

67,409

698,294

Taxation and social security

370,821

253,832

Other creditors

1,324,384

603,784

1,868,355

1,815,505

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2025

£

£

Hire purchase contracts (see note 8)

-

6,222

Other creditors

473,360

-

473,360

6,222

8.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

Hire purchase

contracts

2025

2025

£

£

Net obligations repayable:

Within one year

8,162

7,362

Between one and five years

-

6,222

8,162

13,584

As lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases as follows:

Period ended Year ended

31/12/2025 31/03/2025

£ £

Total commitments 966,000 1,119,000