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Company Registration No. 09361558 (England and Wales)
Swiftee Ltd Unaudited accounts for the year ended 31 December 2023
Swiftee Ltd Unaudited accounts Contents
Page
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Swiftee Ltd Company Information for the year ended 31 December 2023
Directors
Mr Nathan Zalcberg Mr Shloime Tunk
Company Number
09361558 (England and Wales)
Registered Office
14 Grosvenor Way London E5 9NA
Accountants
Clearfin Accountants Limited Churchill House 137-139 Brent Street London NW4 4DJ
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Swiftee Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
87,984 
48,289 
Current assets
Debtors
117,868 
22,393 
Cash at bank and in hand
49,862 
83,425 
167,730 
105,818 
Creditors: amounts falling due within one year
(161,133)
(123,316)
Net current assets/(liabilities)
6,597 
(17,498)
Total assets less current liabilities
94,581 
30,791 
Creditors: amounts falling due after more than one year
(85,140)
(81,941)
Net assets/(liabilities)
9,441 
(51,150)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
9,440 
(51,151)
Shareholders' funds
9,441 
(51,150)
For the year ending 31 December 2023 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 21 November 2024 and were signed on its behalf by
Mr Nathan Zalcberg Director Company Registration No. 09361558
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Swiftee Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Swiftee Ltd is a private company, limited by shares, registered in England and Wales, registration number 09361558. The registered office is 14 Grosvenor Way, London, E5 9NA.
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:
Motor vehicles
25% RBB
Fixtures & fittings
15% RBB
Computer equipment
25% RBB
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2023
84,534 
4,491 
43,060 
132,085 
Additions
74,167 
495 
- 
74,662 
Disposals
(23,013)
- 
(32,997)
(56,010)
At 31 December 2023
135,688 
4,986 
10,063 
150,737 
Depreciation
At 1 January 2023
49,928 
1,619 
32,249 
83,796 
Charge for the year
27,193 
505 
1,167 
28,865 
On disposals
(23,013)
- 
(26,895)
(49,908)
At 31 December 2023
54,108 
2,124 
6,521 
62,753 
Net book value
At 31 December 2023
81,580 
2,862 
3,542 
87,984 
At 31 December 2022
34,606 
2,872 
10,811 
48,289 
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Swiftee Ltd Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
2,615 
- 
Trade debtors
2,181 
7,005 
Accrued income and prepayments
- 
8,655 
Other debtors
113,072 
6,733 
117,868 
22,393 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
5,556 
5,556 
VAT
- 
10,875 
Obligations under finance leases and hire purchase contracts
9,190 
4,693 
Trade creditors
11,912 
10,465 
Taxes and social security
3,514 
1,467 
Other creditors
128,433 
90,260 
Loans from directors
210 
- 
Accruals
2,318 
- 
161,133 
123,316 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
32,083 
38,055 
Obligations under finance leases and hire purchase contracts
53,057 
43,886 
85,140 
81,941 
8
Average number of employees
During the year the average number of employees was 5 (2022: 3).
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