IRIS Accounts Production v23.3.1.45 02897656 director 1.3.22 28.2.23 28.2.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh028976562022-02-28028976562023-02-28028976562022-03-012023-02-28028976562021-02-28028976562021-03-012022-02-28028976562022-02-2802897656ns10:Originalns15:EnglandWales2022-03-012023-02-2802897656ns14:PoundSterlingns10:Original2022-03-012023-02-2802897656ns10:Originalns10:Director12022-03-012023-02-2802897656ns10:Original2022-03-012023-02-2802897656ns10:Original2023-02-2802897656ns10:Originalns10:PrivateLimitedCompanyLtd2022-03-012023-02-2802897656ns10:Originalns10:SmallEntities2022-03-012023-02-2802897656ns10:Originalns10:AuditExempt-NoAccountantsReport2022-03-012023-02-2802897656ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2802897656ns10:SmallCompaniesRegimeForAccountsns10:Original2022-03-012023-02-2802897656ns10:Originalns10:AbridgedAccounts2022-03-012023-02-2802897656ns10:Originalns10:OrdinaryShareClass12022-03-012023-02-2802897656ns10:CompanySecretary1ns10:Original2022-03-012023-02-2802897656ns10:Originalns10:RegisteredOffice2022-03-012023-02-2802897656ns10:Original2022-02-2802897656ns10:Originalns5:CurrentFinancialInstruments2023-02-2802897656ns10:Originalns5:CurrentFinancialInstruments2022-02-2802897656ns5:ShareCapitalns10:Original2023-02-2802897656ns5:ShareCapitalns10:Original2022-02-2802897656ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-02-2802897656ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-02-2802897656ns10:Originalns5:ComputerEquipment2022-03-012023-02-2802897656ns10:Original2021-03-012022-02-2802897656ns10:Original2022-02-2802897656ns10:Originalns10:OrdinaryShareClass12023-02-28
REGISTERED NUMBER: 02897656 (England and Wales)















Financial Statements for the Year Ended 28 February 2023

for

Swiftstyle Limited

Swiftstyle Limited (Registered number: 02897656)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Swiftstyle Limited

Company Information
for the Year Ended 28 February 2023







DIRECTOR: Mr J P Trebicki





SECRETARY: Mrs J Trebicki





REGISTERED OFFICE: 84 Newbury Lane
Oldbury
Warley
West Midlands
B69 1HF





REGISTERED NUMBER: 02897656 (England and Wales)

Swiftstyle Limited (Registered number: 02897656)

Abridged Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 89 133

CURRENT ASSETS
Debtors 2,732 7,650
Cash at bank 115,658 63,296
118,390 70,946
CREDITORS
Amounts falling due within one year 31,309 6,790
NET CURRENT ASSETS 87,081 64,156
TOTAL ASSETS LESS CURRENT
LIABILITIES

87,170

64,289

CAPITAL AND RESERVES
Called up share capital 5 100 100
Retained earnings 87,070 64,189
SHAREHOLDERS' FUNDS 87,170 64,289

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Swiftstyle Limited (Registered number: 02897656)

Abridged Balance Sheet - continued
28 February 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 28 February 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 November 2023 and were signed by:





Mr J P Trebicki - Director


Swiftstyle Limited (Registered number: 02897656)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Swiftstyle Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on a going concern basis.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

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 tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Swiftstyle Limited (Registered number: 02897656)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2022
and 28 February 2023 1,091
DEPRECIATION
At 1 March 2022 958
Charge for year 44
At 28 February 2023 1,002
NET BOOK VALUE
At 28 February 2023 89
At 28 February 2022 133

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
100 Ordinary £1 100 100