REGISTERED NUMBER: 07330188 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026

FOR

SWAT ACCESS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S May

Miss H R Whybro

REGISTERED OFFICE:

Vantage House

3 East Terrace Business Park

Euxton Lane, Euxton

Chorley

Lancashire

PR7 6TB

REGISTERED NUMBER:

07330188 (England and Wales)

ACCOUNTANTS:

Studholme-Bell Limited

Chartered Certified Accountants

Vantage House

3 East Terrace Business Park

Euxton Lane, Euxton

Chorley

Lancashire

PR7 6TB

FIXED ASSETS

Tangible assets

5

2,614,324

2,566,155

CURRENT ASSETS

Stocks

3,118

56,375

Debtors

6

340,023

332,789

Cash at bank

94,696

141,697

437,837

530,861

CREDITORS

Amounts falling due within one year

7

736,235

632,963

NET CURRENT LIABILITIES

(298,398

)

(102,102

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,315,926

2,464,053

CREDITORS

Amounts falling due after more than one year

8

(601,950

)

(790,265

)

PROVISIONS FOR LIABILITIES

(622,193

)

(606,226

)

NET ASSETS

1,091,783

1,067,562

CAPITAL AND RESERVES

Called up share capital

101

101

Retained earnings

1,091,682

1,067,461

SHAREHOLDERS' FUNDS

1,091,783

1,067,562

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 October 2026 and were signed on its behalf by:

Miss H R Whybro - Director

1.	STATUTORY INFORMATION

Swat Access Limited is a private company, limited by shares, registered in England and Wales. The registered office address can be found on the company information page.

2.	COMPLIANCE WITH ACCOUNTING STANDARDS

The accounts have been prepared in accordance with the provisions of FRS102 Section 1A small entities. There were no material departures from that standard.

3.	ACCOUNTING POLICIES

Accounting policies

The principle accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year/period and have also been consistently applied within the same accounts.

Income recognition

Income is recognised when goods and services have been delivered to customers such that risks and rewards of ownership have transferred to them.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

10% on cost

Plant and machinery

-

20% on reducing balance and 5% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Inventories

Inventories have been valued at the lower of cost and estimated selling price less costs to sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacture / completion.

Financial instruments

The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank loans and directors' loans.

Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the statement of income and retained earnings.

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 taxation

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.

Tax deferred or accelerated is accounted for in respect of all material timing differences.

Hire purchase and leasing commitments

Property, plant and equipment acquired under finance leases or hire purchase contracts are capitalised and depreciated in the same manner as other tangible assets. The related obligations, net of future finance charges, are included in creditors.

Rentals payable under operating leases are charged to the profit and loss account 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2025 - 9 ) .

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 February 2025

134,120

3,023,026

19,797

Additions

9,988

136,873

-

At 31 January 2026

144,108

3,159,899

19,797

DEPRECIATION

At 1 February 2025

45,077

609,276

16,696

Charge for year

14,411

127,211

620

At 31 January 2026

59,488

736,487

17,316

NET BOOK VALUE

At 31 January 2026

84,620

2,423,412

2,481

At 31 January 2025

89,043

2,413,750

3,101

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 February 2025

193,058

4,432

3,374,433

Additions

66,733

-

213,594

At 31 January 2026

259,791

4,432

3,588,027

DEPRECIATION

At 1 February 2025

134,861

2,368

808,278

Charge for year

22,762

421

165,425

At 31 January 2026

157,623

2,789

973,703

NET BOOK VALUE

At 31 January 2026

102,168

1,643

2,614,324

At 31 January 2025

58,197

2,064

2,566,155

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 February 2025

2,791,692

186,645

2,978,337

Additions

130,460

66,733

197,193

At 31 January 2026

2,922,152

253,378

3,175,530

DEPRECIATION

At 1 February 2025

477,188

132,553

609,741

Charge for year

122,249

21,941

144,190

At 31 January 2026

599,437

154,494

753,931

NET BOOK VALUE

At 31 January 2026

2,322,715

98,884

2,421,599

At 31 January 2025

2,314,504

54,092

2,368,596

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

317,885

309,195

VAT

-

3,444

Prepayments and accrued income

22,138

20,150

340,023

332,789

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans and overdrafts

27,864

82,301

Hire purchase contracts

303,494

312,705

Trade creditors

319,252

234,957

Tax

44,119

-

VAT

38,506

-

Accruals and deferred income

3,000

3,000

736,235

632,963

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans - 1-2 years

27,864

25,050

Bank loans - 2-5 years

59,481

75,151

Bank loans more 5 yr by instal

-

16,508

Hire purchase contracts

513,280

669,211

Directors loan account

1,325

4,345

601,950

790,265

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

16,508

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.1.26

31.1.25

£

£

Hire purchase contracts

816,774

981,916

Hire purchases liabilities are secured on the assets to which they relate.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is S May.