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REGISTERED NUMBER: 10358073 (England and Wales)















Unaudited Financial Statements

for the Period 1 October 2023 to 31 December 2024

for

Swis Services Limited

Swis Services Limited (Registered number: 10358073)






Contents of the Financial Statements
for the Period 1 October 2023 to 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Swis Services Limited

Company Information
for the Period 1 October 2023 to 31 December 2024







DIRECTOR: S J Wood





REGISTERED OFFICE: c/o Ency Associates
Printware Court
Cumberland Business Centre
Portsmouth
Hampshire
PO5 1DS





REGISTERED NUMBER: 10358073 (England and Wales)





ACCOUNTANTS: Ency Associates
Chartered Certified Accountants
Printware Court
Cumberland Business Centre
Northumberland Road
Portsmouth
Hampshire
PO5 1DS

Swis Services Limited (Registered number: 10358073)

Balance Sheet
31 December 2024

31.12.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 - 3,241
- 3,241

CURRENT ASSETS
Debtors 6 29,653 13,432
Cash at bank 13,758 3,436
43,411 16,868
CREDITORS
Amounts falling due within one year 7 19,647 16,405
NET CURRENT ASSETS 23,764 463
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,764

3,704

PROVISIONS FOR LIABILITIES - 595
NET ASSETS 23,764 3,109

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 23,664 3,009
SHAREHOLDERS' FUNDS 23,764 3,109

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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.

Swis Services Limited (Registered number: 10358073)

Balance Sheet - continued
31 December 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 February 2025 and were signed by:





S J Wood - Director


Swis Services Limited (Registered number: 10358073)

Notes to the Financial Statements
for the Period 1 October 2023 to 31 December 2024

1. STATUTORY INFORMATION

Swis Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures & fittings - 20% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Swis Services Limited (Registered number: 10358073)

Notes to the Financial Statements - continued
for the Period 1 October 2023 to 31 December 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Revenue recognition
Fee income represents revenue earned under a wide variety of contracts to provide professional services. Revenue is recognised as earned when, and to the extent that, the firm obtains the right to consideration in exchange for its performance under these contracts. It is measured at the fair value of the right to consideration, which represents amounts chargeable to clients, including expenses and disbursements but excluding value added tax.

Revenue is generally recognised as contract activity progresses so that for incomplete contracts it reflects the partial performance of the contractual obligations. For such contracts the amount of revenue reflects the accrual of the right to consideration by reference to the value of work performed. Revenue not billed to clients is included in debtors and payments on account in excess of the relevant amount of revenue are included in creditors.

Fee income that is contingent on events outside the control of the firm is recognised when the contingent event occurs.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2023 - 1 ) .

Swis Services Limited (Registered number: 10358073)

Notes to the Financial Statements - continued
for the Period 1 October 2023 to 31 December 2024

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 October 2023 170
Disposals (170 )
At 31 December 2024 -
AMORTISATION
At 1 October 2023 170
Eliminated on disposal (170 )
At 31 December 2024 -
NET BOOK VALUE
At 31 December 2024 -
At 30 September 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures Computer
& fittings equipment Totals
£    £    £   
COST
At 1 October 2023 3,915 5,167 9,082
Additions 225 - 225
Disposals (5,167 ) (4,140 ) (9,307 )
At 31 December 2024 (1,027 ) 1,027 -
DEPRECIATION
At 1 October 2023 1,899 3,942 5,841
Charge for period 981 561 1,542
Eliminated on disposal (4,924 ) (2,459 ) (7,383 )
At 31 December 2024 (2,044 ) 2,044 -
NET BOOK VALUE
At 31 December 2024 1,017 (1,017 ) -
At 30 September 2023 2,016 1,225 3,241

Swis Services Limited (Registered number: 10358073)

Notes to the Financial Statements - continued
for the Period 1 October 2023 to 31 December 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 30.9.23
£    £   
Amounts recoverable on contract - 8,445
Other debtors 29,653 4,987
29,653 13,432

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 30.9.23
£    £   
Taxation and social security 17,496 15,212
Other creditors 2,151 1,193
19,647 16,405

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 December 2024 and the year ended 30 September 2023:

31.12.24 30.9.23
£    £   
S J Wood
Balance outstanding at start of period (4,299 ) 6,180
Amounts advanced 29,778 33,771
Amounts repaid (55,133 ) (44,250 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period (29,654 ) (4,299 )

9. ULTIMATE CONTROLLING PARTY

The controlling party is S J Wood.