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REGISTERED NUMBER: 06113535 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

SWIFT FOUNDATIONS LIMITED

SWIFT FOUNDATIONS LIMITED (BY SHARES) (REGISTERED NUMBER: 06113535)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024










Page

Company Information 1

Balance Sheet 2


SWIFT FOUNDATIONS LIMITED (BY SHARES)

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTOR: Mr David John Edwin Harrison





SECRETARY: Mr David John Edwin Harrison





REGISTERED OFFICE: Top Barn
Beck House Farm
Scagglethorpe
Malton
North Yorkshire
YO17 8ED





REGISTERED NUMBER: 06113535 (England and Wales)





ACCOUNTANTS: Fortus Limited
Business Advisors & Accountants
5&6 Manor Court
Manor Garth
Scarborough
North Yorkshire
YO11 3TU

SWIFT FOUNDATIONS LIMITED (BY SHARES) (REGISTERED NUMBER: 06113535)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
£    £    £    £   
FIXED ASSETS 30,477 39,364

CURRENT ASSETS 463,810 363,250

CREDITORS
Amounts falling due within one year (109,949 ) (105,667 )
NET CURRENT ASSETS 353,861 257,583
TOTAL ASSETS LESS CURRENT LIABILITIES 384,338 296,947

CAPITAL AND RESERVES 384,338 296,947

NOTES TO THE FINANCIAL STATEMENTS

1. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 3 (2023 - 2 ) .

2. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

2024 2023
£    £   
Mr David John Edwin Harrison
Balance outstanding at start of year 17,436 -
Amounts advanced 66,987 19,436
Amounts repaid (68,000 ) (2,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 16,423 17,436

Interest has been charged on the overdrawn loan account balances at the official rate of 2% to April 2023 and 2.25% to February 2024.



SWIFT FOUNDATIONS LIMITED (BY SHARES) (REGISTERED NUMBER: 06113535)

BALANCE SHEET - continued
29 FEBRUARY 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 7 October 2024 and were signed by:





Mr David John Edwin Harrison - Director