1 February 2022 false No description of principal activity Taxfiler 2023.9 12421392business:PrivateLimitedCompanyLtd2022-02-012023-01-31 124213922022-01-31 124213922022-02-012023-01-31 12421392business:AuditExempt-NoAccountantsReport2022-02-012023-01-31 12421392business:FilletedAccounts2022-02-012023-01-31 124213922023-01-31 12421392business:Director12022-02-012023-01-31 12421392business:Director22022-02-012023-01-31 12421392business:RegisteredOffice2022-02-012023-01-31 124213922022-01-31 12421392core:WithinOneYear2023-01-31 12421392core:WithinOneYear2022-01-31 12421392core:AfterOneYear2023-01-31 12421392core:AfterOneYear2022-01-31 12421392core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 12421392core:ShareCapitalcore:PreviouslyStatedAmount2022-01-31 12421392core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 12421392core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-01-31 12421392core:PreviouslyStatedAmount2023-01-31 12421392core:PreviouslyStatedAmount2022-01-31 12421392business:SmallEntities2022-02-012023-01-31 12421392countries:EnglandWales2022-02-012023-01-31 12421392core:LandBuildings2022-02-012023-01-31 12421392core:PlantMachinery2022-02-012023-01-31 12421392core:MotorVehicles2022-02-012023-01-31 12421392core:FurnitureFittings2022-02-012023-01-31 12421392core:ComputerEquipment2022-02-012023-01-31 12421392core:PlantMachinery2022-01-31 12421392core:MotorVehicles2022-01-31 12421392core:PlantMachinery2023-01-31 12421392core:MotorVehicles2023-01-31 124213922021-02-012022-01-31 iso4217:GBP xbrli:pure
Company Registration No. 12421392 (England and Wales)
SWIFT CONSTRUCTION LTD Unaudited accounts for the year ended 31 January 2023
SWIFT CONSTRUCTION LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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SWIFT CONSTRUCTION LTD Company Information for the year ended 31 January 2023
Directors
Armend Abazi Eduart Llupa
Company Number
12421392 (England and Wales)
Registered Office
124 City Road  London EC1V 2NX
Accountants
Faxon Consulting Ltd 85 Great Portland Street London W1W 7LT
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SWIFT CONSTRUCTION LTD Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
21,004 
23,104 
Current assets
Debtors
5
8,015 
9,833 
Cash at bank and in hand
1,310 
(26,892)
9,325 
(17,059)
Creditors: amounts falling due within one year
6
(16,571)
(1,585)
Net current liabilities
(7,246)
(18,644)
Total assets less current liabilities
13,758 
4,460 
Creditors: amounts falling due after more than one year
7
(10,000)
- 
Net assets
3,758 
4,460 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
3,757 
4,459 
Shareholders' funds
3,758 
4,460 
For the year ending 31 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 June 2023 and were signed on its behalf by
Armend Abazi Director Company Registration No. 12421392
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SWIFT CONSTRUCTION LTD Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
SWIFT CONSTRUCTION LTD is a private company, limited by shares, registered in England and Wales, registration number 12421392. The registered office is 124 City Road , London, EC1V 2NX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
20% Reducing Balance
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2022
- 
23,104 
23,104 
Additions
200 
- 
200 
At 31 January 2023
200 
23,104 
23,304 
Depreciation
Charge for the year
- 
2,300 
2,300 
At 31 January 2023
- 
2,300 
2,300 
Net book value
At 31 January 2023
200 
20,804 
21,004 
At 31 January 2022
- 
23,104 
23,104 
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SWIFT CONSTRUCTION LTD Notes to the Accounts for the year ended 31 January 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
8,015 
9,833 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
- 
1,553 
Taxes and social security
5,020 
481 
Proposed dividends
7,000 
- 
Loans from directors
4,551 
(449)
16,571 
1,585 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
10,000 
- 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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