Company Registration No. 09361558 (England and Wales)
Swiftee Ltd
Unaudited accounts
for the year ended 31 December 2023
Swiftee Ltd
Unaudited accounts
Contents
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
Swiftee Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
87,984
48,289
Cash at bank and in hand
49,862
83,425
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)
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
Swiftee Ltd
Notes to the Accounts
for the year ended 31 December 2023
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.
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:
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
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
At 31 December 2023
81,580
2,862
3,542
87,984
At 31 December 2022
34,606
2,872
10,811
48,289
Swiftee Ltd
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Accrued income and prepayments
-
8,655
Other debtors
113,072
6,733
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
5,556
5,556
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
-
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
53,057
43,886
8
Average number of employees
During the year the average number of employees was 5 (2022: 3).