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Company Registration No. 10550814 (England and Wales)
Swiftscape Ltd Unaudited accounts for the year ended 31 January 2024
Swiftscape Ltd Unaudited accounts Contents
Page
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Swiftscape Ltd Company Information for the year ended 31 January 2024
Director
Andrew Swift
Company Number
10550814 (England and Wales)
Registered Office
22 Brading Close Alvaston Derby Derbyshire DE24 0UW UK
Accountants
RLTP Accountants Suite 8, Riverside Business Centre Foundry Lane Milford, Belper Derbyshire DE56 0RN
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Swiftscape Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,795 
3,726 
Current assets
Debtors
11,654 
206 
Cash at bank and in hand
14,649 
812 
26,303 
1,018 
Creditors: amounts falling due within one year
(37,683)
(4,531)
Net current liabilities
(11,380)
(3,513)
Net (liabilities)/assets
(8,585)
213 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(8,685)
113 
Shareholders' funds
(8,585)
213 
For the year ending 31 January 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 director acknowledges his 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 and authorised for issue on 1 October 2024 and were signed on its behalf by
Andrew Swift Director Company Registration No. 10550814
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Swiftscape Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Swiftscape Ltd is a private company, limited by shares, registered in England and Wales, registration number 10550814. The registered office is 22 Brading Close, Alvaston, Derby, Derbyshire, DE24 0UW, UK.
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
25% RB
Motor vehicles
25% RB
Fixtures & fittings
25% RB
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2023
460 
8,585 
6,584 
15,629 
At 31 January 2024
460 
8,585 
6,584 
15,629 
Depreciation
At 1 February 2023
315 
7,057 
4,531 
11,903 
Charge for the year
36 
382 
513 
931 
At 31 January 2024
351 
7,439 
5,044 
12,834 
Net book value
At 31 January 2024
109 
1,146 
1,540 
2,795 
At 31 January 2023
145 
1,528 
2,053 
3,726 
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Swiftscape Ltd Notes to the Accounts for the year ended 31 January 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
1,238 
85 
Trade debtors
10,049 
33 
Other debtors
367 
88 
11,654 
206 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
3,527 
1,783 
Trade creditors
5,477 
842 
Taxes and social security
(1,382)
897 
Other creditors
173 
222 
Loans from directors
28,688 
(413)
Accruals
1,200 
1,200 
37,683 
4,531 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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