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Company Registration No. 11345128 (England and Wales)
SWIFTSURGE LIMITED Unaudited accounts for the year ended 31 May 2024
SWIFTSURGE LIMITED Unaudited accounts Contents
Page
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SWIFTSURGE LIMITED Company Information for the year ended 31 May 2024
Directors
A. B. OLUGBENRO Stephen Oluwadamilare Olugbenro
Company Number
11345128 (England and Wales)
Registered Office
56 MILLER WAY FENGATE PETERBOROUGH PE1 5BD UNITED KINGDOM
Accountants
Dennis & Associates Accountants 28 -29 Maxwell Road Peterborough Cambridgeshire PE2 7JE
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SWIFTSURGE LIMITED Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,041 
2,264 
Current assets
Debtors
- 
1,569 
Cash at bank and in hand
53 
15 
53 
1,584 
Net current assets
53 
1,584 
Total assets less current liabilities
2,094 
3,848 
Creditors: amounts falling due after more than one year
(1,608)
(2,675)
Net assets
486 
1,173 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
482 
1,169 
Shareholders' funds
486 
1,173 
For the year ending 31 May 2024 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 6 September 2024 and were signed on its behalf by
Stephen Oluwadamilare Olugbenro Director Company Registration No. 11345128
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SWIFTSURGE LIMITED Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
SWIFTSURGE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11345128. The registered office is 56 MILLER WAY, FENGATE, PETERBOROUGH, PE1 5BD, UNITED KINGDOM.
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:
Plant & machinery
20%
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
2,534 
484 
3,018 
Additions
708 
- 
708 
At 31 May 2024
3,242 
484 
3,726 
Depreciation
At 1 June 2023
633 
121 
754 
Charge for the year
810 
121 
931 
At 31 May 2024
1,443 
242 
1,685 
Net book value
At 31 May 2024
1,799 
242 
2,041 
At 31 May 2023
1,901 
363 
2,264 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
1,569 
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SWIFTSURGE LIMITED Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Taxes and social security
1,608 
2,675 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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