2020-12-082021-12-312021-12-31false13069559SWIZIO LTD2022-09-07iso4217:GBPxbrli:pure130695592020-12-08130695592021-12-31130695592020-12-082021-12-31130695592020-12-07130695592020-12-07130695592020-12-072020-12-0713069559bus:SmallEntities2020-12-082021-12-3113069559bus:AuditExempt-NoAccountantsReport2020-12-082021-12-3113069559bus:FullAccounts2020-12-082021-12-3113069559bus:PrivateLimitedCompanyLtd2020-12-082021-12-3113069559core:WithinOneYear2021-12-3113069559core:AfterOneYear2021-12-3113069559core:WithinOneYear2020-12-0713069559core:AfterOneYear2020-12-0713069559core:ShareCapital2021-12-3113069559core:SharePremium2021-12-3113069559core:RevaluationReserve2021-12-3113069559core:OtherReservesSubtotal2021-12-3113069559core:RetainedEarningsAccumulatedLosses2021-12-3113069559core:ShareCapital2020-12-0713069559core:SharePremium2020-12-0713069559core:RevaluationReserve2020-12-0713069559core:OtherReservesSubtotal2020-12-0713069559core:RetainedEarningsAccumulatedLosses2020-12-0713069559core:LandBuildings2021-12-3113069559core:PlantMachinery2021-12-3113069559core:Vehicles2021-12-3113069559core:FurnitureFittings2021-12-3113069559core:OfficeEquipment2021-12-3113069559core:NetGoodwill2021-12-3113069559core:IntangibleAssetsOtherThanGoodwill2021-12-3113069559core:ListedExchangeTraded2021-12-3113069559core:UnlistedNon-exchangeTraded2021-12-3113069559core:LandBuildings2020-12-0713069559core:PlantMachinery2020-12-0713069559core:Vehicles2020-12-0713069559core:FurnitureFittings2020-12-0713069559core:OfficeEquipment2020-12-0713069559core:NetGoodwill2020-12-0713069559core:IntangibleAssetsOtherThanGoodwill2020-12-0713069559core:ListedExchangeTraded2020-12-0713069559core:UnlistedNon-exchangeTraded2020-12-0713069559core:LandBuildings2020-12-082021-12-3113069559core:PlantMachinery2020-12-082021-12-3113069559core:Vehicles2020-12-082021-12-3113069559core:FurnitureFittings2020-12-082021-12-3113069559core:OfficeEquipment2020-12-082021-12-3113069559core:NetGoodwill2020-12-082021-12-3113069559core:IntangibleAssetsOtherThanGoodwill2020-12-082021-12-3113069559core:ListedExchangeTraded2020-12-082021-12-3113069559core:UnlistedNon-exchangeTraded2020-12-082021-12-3113069559core:MoreThanFiveYears2020-12-082021-12-3113069559core:Non-currentFinancialInstruments2021-12-3113069559core:Non-currentFinancialInstruments2020-12-0713069559dpl:CostSales2020-12-082021-12-3113069559dpl:DistributionCosts2020-12-082021-12-3113069559dpl:AdministrativeExpenses2020-12-082021-12-3113069559core:LandBuildings2020-12-082021-12-3113069559core:PlantMachinery2020-12-082021-12-3113069559core:Vehicles2020-12-082021-12-3113069559core:FurnitureFittings2020-12-082021-12-3113069559core:OfficeEquipment2020-12-082021-12-3113069559core:NetGoodwill2020-12-082021-12-3113069559core:IntangibleAssetsOtherThanGoodwill2020-12-082021-12-3113069559dpl:GroupUndertakings2020-12-082021-12-3113069559dpl:ParticipatingInterests2020-12-082021-12-3113069559dpl:GroupUndertakingscore:ListedExchangeTraded2020-12-082021-12-3113069559core:ListedExchangeTraded2020-12-082021-12-3113069559dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2020-12-082021-12-3113069559core:UnlistedNon-exchangeTraded2020-12-082021-12-3113069559dpl:CostSales2020-12-072020-12-0713069559dpl:DistributionCosts2020-12-072020-12-0713069559dpl:AdministrativeExpenses2020-12-072020-12-0713069559core:LandBuildings2020-12-072020-12-0713069559core:PlantMachinery2020-12-072020-12-0713069559core:Vehicles2020-12-072020-12-0713069559core:FurnitureFittings2020-12-072020-12-0713069559core:OfficeEquipment2020-12-072020-12-0713069559core:NetGoodwill2020-12-072020-12-0713069559core:IntangibleAssetsOtherThanGoodwill2020-12-072020-12-0713069559dpl:GroupUndertakings2020-12-072020-12-0713069559dpl:ParticipatingInterests2020-12-072020-12-0713069559dpl:GroupUndertakingscore:ListedExchangeTraded2020-12-072020-12-0713069559core:ListedExchangeTraded2020-12-072020-12-0713069559dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2020-12-072020-12-0713069559core:UnlistedNon-exchangeTraded2020-12-072020-12-0713069559core:NetGoodwill2021-12-3113069559core:IntangibleAssetsOtherThanGoodwill2021-12-3113069559core:LandBuildings2021-12-3113069559core:PlantMachinery2021-12-3113069559core:Vehicles2021-12-3113069559core:FurnitureFittings2021-12-3113069559core:OfficeEquipment2021-12-3113069559core:AfterOneYear2021-12-3113069559core:WithinOneYear2021-12-3113069559core:ListedExchangeTraded2021-12-3113069559core:UnlistedNon-exchangeTraded2021-12-3113069559core:ShareCapital2021-12-3113069559core:SharePremium2021-12-3113069559core:RevaluationReserve2021-12-3113069559core:OtherReservesSubtotal2021-12-3113069559core:RetainedEarningsAccumulatedLosses2021-12-3113069559core:NetGoodwill2020-12-0713069559core:IntangibleAssetsOtherThanGoodwill2020-12-0713069559core:LandBuildings2020-12-0713069559core:PlantMachinery2020-12-0713069559core:Vehicles2020-12-0713069559core:FurnitureFittings2020-12-0713069559core:OfficeEquipment2020-12-0713069559core:AfterOneYear2020-12-0713069559core:WithinOneYear2020-12-0713069559core:ListedExchange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SWIZIO LTD

Registered Number
13069559
(England and Wales)

Unaudited Financial Statements for the Period ended
31 December 2021

SWIZIO LTD
Company Information
for the period from 8 December 2020 to 31 December 2021

Directors

PERVAIZ, Raja Hamza

Registered Address

63/66 Hatton Garden
Fifth Floor, Suite 23
London
EC1N 8LE

Registered Number

13069559 (England and Wales)
SWIZIO LTD
Balance Sheet as at
31 December 2021

Notes

2021

£

£

Fixed assets
Tangible assets61,284
1,284
Current assets
Stocks77,500
Debtors82,345
Cash at bank and on hand191
10,036
Creditors amounts falling due within one year9(21,183)
Net current assets (liabilities)(11,147)
Total assets less current liabilities(9,863)
Net assets(9,863)
Capital and reserves
Called up share capital1
Profit and loss account(9,864)
Shareholders' funds(9,863)
The financial statements were approved and authorised for issue by the Director on 7 September 2022, and are signed on its behalf by:
PERVAIZ, Raja Hamza
Director
Registered Company No. 13069559
SWIZIO LTD
Notes to the Financial Statements
for the period ended 31 December 2021

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Principal activities
The principal activity of the company is that of e-commerce retail sales.
4.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Plant and machinery20
Stocks policy
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Going concern
At the time of approving the financial statements, the director believes that the company has adequate resources to continue in operational existence. Therefore the director adopts the going concern basis of accounting in preparing the financial statements.
5.Employee information

2021
Average number of employees during the year-
6.Property, plant and equipment

Plant & machinery

Total

££
Cost or valuation
Additions1,4821,482
At 31 December 211,4821,482
Depreciation and impairment
Charge for year198198
At 31 December 21198198
Net book value
At 31 December 211,2841,284
At 07 December 20--
7.Stocks

2021

£
Finished goods7,500
Total7,500
8.Debtors

2021

£
Prepayments and accrued income2,345
Total2,345
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
9.Creditors within one year

2021

£
Other creditors20,583
Accrued liabilities and deferred income600
Total21,183
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.