Swift Strategies Limited |
Registered number: |
06622134 |
Statement of Financial Position |
as at 31 December 2023 |
|
Notes |
|
|
2023 |
|
|
2022 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
|
|
5,434 |
|
|
3,045 |
|
Current assets |
Debtors |
4 |
|
1,171,525 |
|
|
157,006 |
Cash at bank and in hand |
|
|
642,247 |
|
|
38,607 |
|
|
|
1,813,772 |
|
|
195,613 |
|
Creditors: amounts falling due within one year |
5 |
|
(999,177) |
|
|
(169,062) |
|
Net current assets |
|
|
|
814,595 |
|
|
26,551 |
|
Net assets |
|
|
|
820,029 |
|
|
29,596 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
819,929 |
|
|
29,496 |
|
Shareholders' funds |
|
|
|
820,029 |
|
|
29,596 |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A. The Statement of Income has not been delivered to the Registrar of Companies. |
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|
|
|
Nathan Swift |
Director |
Approved by the board on 7 March 2024 |
|
Swift Strategies Limited |
Notes to the Accounts |
for the period from 1 July 2022 to 31 December 2023 |
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|
1 |
Accounting policies |
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|
Statutory information |
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Swift Strategies Limited is a private company limited by shares incorporated in England & Wales, registration number 06622134. The registered office is SECOND FLOOR, 150 FLEET STREET, LONDON, EC4A 2DQ. The principal place of business is SECOND FLOOR, 150 FLEET STREET, LONDON, , United Kingdom, EC4A 2DQ. |
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Summary of significant accounting policies |
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The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented unless otherwise stated. |
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Accounting policies |
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These financial statements for the period ended 31 December 2023 comply with FRS 102 Section 1A small entities. |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. The presentational currency is in sterling which has been rounded to the nearest £1. |
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|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added tax. Turnover includes revenue earned from the sale of goods and from the rendering of services. 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. |
|
2 |
Employees |
2023 |
|
2022 |
Number |
Number |
|
|
Average number of persons employed by the company |
6 |
|
6 |
|
|
|
|
|
|
|
|
|
|
7 |
Transition to FRS102 |
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|
The transition to FRS102 Section 1A for Small Entities has not resulted in any changes to accounting policies to those used previously. |