Registration number: 12505020

Swiss CNC Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

Swiss CNC Ltd

Company Information

Director

W Garratt

Registered office

10 Saxon Drive Newport Shropshire TF10 7FP

Accountants

Stephen Jones Accountants Chartered Certified AccountantsKing Edward House 82 Stourbridge Road Halesowen West Midlands B63 3UP

Swiss CNC Ltd

(Registration number: 12505020)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	414	41,098
Current assets
Debtors	5	22,997	377
Cash at bank and in hand		9,745	468
		32,742	845
Creditors: Amounts falling due within one year	6	(26,727)	(85,151)
Net current assets/(liabilities)		6,015	(84,306)
Net assets/(liabilities)		6,429	(43,208)
Capital and reserves
Called up share capital	7	1	1
Retained earnings		6,428	(43,209)
Shareholders' funds/(deficit)		6,429	(43,208)

For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 28 August 2026
 

......................................... W Garratt Director

Swiss CNC Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
10 Saxon Drive
Newport
Shropshire
TF10 7FP

These financial statements were authorised for issue by the director on 28 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation currency is £ sterling

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Swiss CNC Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Motor vehicles	25% Reducing balance
Plant and equipment	25% Reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2025 - 1).

Swiss CNC Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 April 2025	982	72,081	73,063
Disposals	-	(72,081)	(72,081)
At 31 March 2026	982	-	982
Depreciation
At 1 April 2025	430	31,535	31,965
Charge for the year	138	10,137	10,275
Eliminated on disposal	-	(41,672)	(41,672)
At 31 March 2026	568	-	568
Carrying amount
At 31 March 2026	414	-	414
At 31 March 2025	552	40,546	41,098

5

Debtors

Current	2026 £	2025 £
Trade debtors	21,036	-
Prepayments	1,265	-
Other debtors	696	377
	22,997	377

6

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	4,637	-
Taxation and social security	9,940	-
Accruals and deferred income	1,050	750
Other creditors	11,100	84,401
	26,727	85,151

Swiss CNC Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

7	Share capital

Allotted, called up and not fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary of £1 each	1	1	1	1

8	Related party transactions

Loans from related parties

2026	Other related parties £	Total £
At start of period	84,401	84,401
Repaid	(73,301)	(73,301)
At end of period	11,100	11,100

2025	Other related parties £	Total £
At start of period	83,046	83,046
Advanced	1,355	1,355
At end of period	84,401	84,401

Terms of loans from related parties

The director has loaned the company £11,100 (2025 - £84,401) as shown in other creditors, at the year end for cash flow and investment in fixed assets. This carries no interest or fixed date of repayment and will only be repaid as cash flow permits