1 April 2023 false No description of principal activity Taxfiler 2024.6 11237041business:PrivateLimitedCompanyLtd2023-04-012024-03-31 112370412023-03-31 112370412023-04-012024-03-31 11237041business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 11237041business:FilletedAccounts2023-04-012024-03-31 112370412024-03-31 11237041business:Director12023-04-012024-03-31 11237041business:RegisteredOffice2023-04-012024-03-31 112370412023-03-31 11237041core:WithinOneYear2024-03-31 11237041core:WithinOneYear2023-03-31 11237041core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 11237041core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 11237041core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 11237041core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 11237041core:PreviouslyStatedAmount2024-03-31 11237041core:PreviouslyStatedAmount2023-03-31 11237041business:SmallEntities2023-04-012024-03-31 11237041countries:EnglandWales2023-04-012024-03-31 11237041core:LandBuildings2023-03-31 11237041core:LandBuildings2023-04-012024-03-31 11237041core:LandBuildings2024-03-31 112370412022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 11237041 (England and Wales)
Swift Sales And Lettings Limited Unaudited accounts for the year ended 31 March 2024
Swift Sales And Lettings Limited Unaudited accounts Contents
Page
- 2 -
Swift Sales And Lettings Limited Company Information for the year ended 31 March 2024
Director
Saif Malik
Company Number
11237041 (England and Wales)
Registered Office
6 Groveway Bradford BD2 4HD ENGLAND
Accountants
Philip Shaw & Co Chartered Certified Accountants 7 Duke Way Wakefield West Yorkshire WF1 2ER
- 3 -
Swift Sales And Lettings Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
80,978 
219,978 
Current assets
Debtors
18,000 
- 
Cash at bank and in hand
1,695 
1,942 
19,695 
1,942 
Creditors: amounts falling due within one year
(82,619)
(208,645)
Net current liabilities
(62,924)
(206,703)
Net assets
18,054 
13,275 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
18,053 
13,274 
Shareholders' funds
18,054 
13,275 
For the year ending 31 March 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 19 November 2024 and were signed on its behalf by
Saif Malik Director Company Registration No. 11237041
- 4 -
Swift Sales And Lettings Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Swift Sales And Lettings Limited is a private company, limited by shares, registered in England and Wales, registration number 11237041. The registered office is 6 Groveway, Bradford, BD2 4HD, ENGLAND.
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:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 April 2023
219,978 
Disposals
(139,000)
At 31 March 2024
80,978 
Depreciation
At 31 March 2024
- 
Net book value
At 31 March 2024
80,978 
At 31 March 2023
219,978 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
18,000 
- 
- 5 -
Swift Sales And Lettings Limited Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
79,980 
85,548 
Taxes and social security
1,121 
302 
Other creditors
- 
1,100 
Loans from directors
1,193 
121,370 
Accruals
325 
325 
82,619 
208,645 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -