REGISTERED NUMBER: 15161080 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

FOR

SOUTH WEST REMAPS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S Gater

Mrs D C Gater

REGISTERED OFFICE:

Vantage Point House

Silverhills Road

Decoy Industrial Estate

Newton Abbot

Devon

TQ12 5ND

REGISTERED NUMBER:

15161080 (England and Wales)

ACCOUNTANTS:

Marsland Nash Associates

Chartered Tax Advisers, Accountants

and Business Consultants

Vantage Point House

Silverhills Road

Decoy Industrial Estate

Newton Abbot

Devon

TQ12 5ND

BANKERS:

Barclays

Truro

TR1 2RP

FIXED ASSETS

Tangible assets

4

30,399

45,815

CURRENT ASSETS

Debtors

5

19,262

16,168

Cash at bank

25,648

6,224

44,910

22,392

CREDITORS

Amounts falling due within one year

6

22,932

35,461

NET CURRENT ASSETS/(LIABILITIES)

21,978

(13,069

)

TOTAL ASSETS LESS CURRENT LIABILITIES

52,377

32,746

PROVISIONS FOR LIABILITIES

5,656

8,731

NET ASSETS

46,721

24,015

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

46,719

24,013

SHAREHOLDERS' FUNDS

46,721

24,015

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 July 2026 and were signed on its behalf by:

Mr S Gater - Director

Mrs D C Gater - Director

1.	STATUTORY INFORMATION

South West Remaps Ltd 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.

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 March 2025

2,754

1

65,856

1,000

69,611

Additions

-

-

-

1,265

1,265

Disposals

-

-

(11,147

)

-

(11,147

)

At 28 February 2026

2,754

1

54,709

2,265

59,729

DEPRECIATION

At 1 March 2025

118

-

23,324

354

23,796

Charge for year

83

-

8,833

566

9,482

Eliminated on disposal

-

-

(3,948

)

-

(3,948

)

At 28 February 2026

201

-

28,209

920

29,330

NET BOOK VALUE

At 28 February 2026

2,553

1

26,500

1,345

30,399

At 28 February 2025

2,636

1

42,532

646

45,815

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

15,480

8,480

Other debtors

1,124

-

VAT

-

5,396

Prepayments

2,658

2,292

19,262

16,168

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

2,772

2,179

Tax

11,285

13

Social security and other taxes

1,314

145

VAT

4,205

-

Directors' current accounts

1,192

31,122

Accrued expenses

2,164

2,002

22,932

35,461

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 28 February 2026 and the period ended 28 February 2025:

2026

2025

£

£

Mr S Gater and Mrs D C Gater

Balance outstanding at start of year

(31,122

)

-

Amounts advanced

45,511

40,828

Amounts repaid

(15,581

)

(71,950

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,192

)

(31,122

)

Loans are unsecured, interest free and repayable on demand.

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £10,500 (2025 - £10,000) were paid to the directors .

During the year, the company rented the directors personal residence under a Licence to Occupy agreement for £1,059 (2025 - £1,059)