12 June 2023 false No description of principal activity Taxfiler 2024.6 14931425business:PrivateLimitedCompanyLtd2023-06-122024-07-31 149314252023-06-11 149314252023-06-122024-07-31 14931425business:AuditExempt-NoAccountantsReport2023-06-122024-07-31 14931425business:FilletedAccounts2023-06-122024-07-31 149314252024-07-31 14931425business:Director12023-06-122024-07-31 14931425business:RegisteredOffice2023-06-122024-07-31 14931425core:WithinOneYear2024-07-31 14931425core:AfterOneYear2024-07-31 14931425core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 14931425core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 14931425core:PreviouslyStatedAmount2024-07-31 14931425business:SmallEntities2023-06-122024-07-31 14931425countries:EnglandWales2023-06-122024-07-31 14931425core:PlantMachinery2023-06-122024-07-31 14931425core:MotorVehicles2023-06-122024-07-31 14931425core:PlantMachinery2023-06-11 14931425core:MotorVehicles2023-06-11 14931425core:PlantMachinery2024-07-31 14931425core:MotorVehicles2024-07-31 iso4217:GBP xbrli:pure
Company Registration No. 14931425 (England and Wales)
Swift Tech Autos Limited Unaudited accounts for the period from 12 June 2023 to 31 July 2024
Swift Tech Autos Limited Unaudited accounts Contents
Page
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Swift Tech Autos Limited Company Information for the period from 12 June 2023 to 31 July 2024
Director
Aaron Swift
Company Number
14931425 (England and Wales)
Registered Office
72 Castle Hill Road Hindley Wigan WN2 4BH England
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Swift Tech Autos Limited Statement of financial position as at 31 July 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
11,277 
Current assets
Debtors
1,111 
Cash at bank and in hand
4,020 
5,131 
Creditors: amounts falling due within one year
(5,758)
Net current liabilities
(627)
Total assets less current liabilities
10,650 
Creditors: amounts falling due after more than one year
(5,432)
Net assets
5,218 
Capital and reserves
Called up share capital
100 
Profit and loss account
5,118 
Shareholders' funds
5,218 
For the period ending 31 July 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 August 2024 and were signed on its behalf by
Aaron Swift Director Company Registration No. 14931425
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Swift Tech Autos Limited Notes to the Accounts for the period from 12 June 2023 to 31 July 2024
1
Statutory information
Swift Tech Autos Limited is a private company, limited by shares, registered in England and Wales, registration number 14931425. The registered office is 72 Castle Hill Road, Hindley, Wigan, WN2 4BH, 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 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% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 12 June 2023
- 
- 
- 
Additions
1,308 
13,990 
15,298 
At 31 July 2024
1,308 
13,990 
15,298 
Depreciation
Charge for the period
523 
3,498 
4,021 
At 31 July 2024
523 
3,498 
4,021 
Net book value
At 31 July 2024
785 
10,492 
11,277 
5
Debtors
2024 
£ 
Amounts falling due within one year
Accrued income and prepayments
1,111 
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Swift Tech Autos Limited Notes to the Accounts for the period from 12 June 2023 to 31 July 2024
6
Creditors: amounts falling due within one year
2024 
£ 
VAT
1,569 
Obligations under finance leases and hire purchase contracts
4,156 
Loans from directors
33 
5,758 
7
Creditors: amounts falling due after more than one year
2024 
£ 
Obligations under finance leases and hire purchase contracts
5,432 
8
Average number of employees
During the period the average number of employees was 1.
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