SWIFT EXPLORATION LIMITED

Company Registration Number:
04736197 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2023

Period of accounts

Start date: 01 May 2022

End date: 30 April 2023

SWIFT EXPLORATION LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2023

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

SWIFT EXPLORATION LIMITED

Company Information

for the Period Ended 30 April 2023




Registered office: 27
Linkswood Road
Burnham
Berkshire
SL1 8AS
Company Registration Number: 04736197 (England and Wales)

SWIFT EXPLORATION LIMITED

Profit and Loss Account

for the Period Ended 30 April 2023


Notes

2023
£

2022
£
Gross Profit or (Loss) ( 13,000 ) 71,580
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 29,809 ) ( 9,514 )
Operating Profit or (Loss) ( 42,809 ) 62,066
Interest Receivable and Similar Income 485 257
Profit or (Loss) Before Tax ( 42,324 ) 62,323
Tax on Profit 8,122 ( 11,792 )
Profit or (Loss) for Period ( 34,202 ) 50,531

The notes form part of these financial statements

SWIFT EXPLORATION LIMITED

Balance sheet

As at 30 April 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 12 12
Total fixed assets: 12 12
Current assets
Stocks: 0 0
Debtors: 8,042 0
Cash at bank and in hand: 111,425 191,410
Total current assets: 119,467 191,410
Creditors: amounts falling due within one year: ( 7,613 ) ( 45,356 )
Net current assets (liabilities): 111,854 146,054
Total assets less current liabilities: 111,866 146,066
Total net assets (liabilities): 111,866 146,066

The notes form part of these financial statements

SWIFT EXPLORATION LIMITED

Balance sheet continued

As at 30 April 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 12 12
Profit and loss account: 111,854 146,054
Shareholders funds: 111,866 146,066

For the year ending 30 April 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 24 November 2023
And Signed On Behalf Of The Board By:

Name: Stefan Stasiuk
Status: Director

The notes form part of these financial statements

SWIFT EXPLORATION LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SWIFT EXPLORATION LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

SWIFT EXPLORATION LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 3. Off balance sheet disclosure

    No

SWIFT EXPLORATION LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

4. Tangible Assets

Total
Cost £
At 01 May 2022 12
Additions 0
Disposals (0)
Revaluations 0
Transfers 0
At 30 April 2023 12
Depreciation
At 01 May 2022 0
Charge for year 0
On disposals (0)
Other adjustments 0
At 30 April 2023 0
Net book value
At 30 April 2023 12
At 30 April 2022 12