Company Registration No. 11345128 (England and Wales)
SWIFTSURGE LIMITED
Unaudited accounts
for the year ended 31 May 2024
SWIFTSURGE LIMITED
Unaudited accounts
Contents
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
SWIFTSURGE LIMITED
Statement of financial position
as at 31 May 2024
Tangible assets
2,041
2,264
Cash at bank and in hand
53
15
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)
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
SWIFTSURGE LIMITED
Notes to the Accounts
for the year ended 31 May 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
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
At 31 May 2024
3,242
484
3,726
At 1 June 2023
633
121
754
Charge for the year
810
121
931
At 31 May 2024
1,443
242
1,685
At 31 May 2024
1,799
242
2,041
At 31 May 2023
1,901
363
2,264
Amounts falling due within one year
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).