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SFW LOGISTICS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
SFW Logistics Limited ("the company") is a private company, limited by shares, incorporated and domiciled in the United Kingdom and registered in England and Wales. The address of its registered office is Unit 7, X2 Eastern Perimeter Road, London Heathrow Airport, Hounslow, TW6 2GE.
The financial statements are prepared in Sterling (£), which is the functional currency of the company.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The company was dormant throughout the current and previous year.
The financial statements have been prepared on a going concern basis, reflecting the directors' assessment that the company will continue to operate for the foreseeable future. Although the company was in a net liability position as at the balance sheet date, the directors have obtained assurance that adequate financial resources will be available to support the company's operations for a period of at least twelve months from the date of approval of these financial statements.
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.
Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.
Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts which are an integral part of the company's cash management.
Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
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The average number of employees, including directors, during the year was 2 (2025: 2).
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