Switch Currency Limited Accounts






	Switch Currency Limited
	Company No. 14406489
	Information for Filing with The Registrar
	31 October 2023

at	31 October 2023
Company No.		14406489	Notes	2023
				£






Current assets

	Debtors		4	205


				205
Creditors: Amount falling due within one year			5	(360)
Net current liabilities				(155)
Total assets less current liabilities				(155)




Net liabilities				(155)

Capital and reserves
	Called up share capital			101



	Profit and loss account		6	(256)

Total equity				(155)



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the period ended 31 October 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.


As permitted by section 444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 31 October 2023

And signed on its behalf by:
R. Rowe
Director
31 October 2023

for the period ended 31 October 2023

General information

Its registered number is: 14406489

Its registered office is:

229 Roman Road

Mountnessing

Brentwood

Essex

CM15 0UH

The functional and presentational currency of the company is Sterling . The monetary amounts in the accounts are rounded to the nearest pound.

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006.

The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and in accordance with the accounting policies set out below.

Accounting policies

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Financial instruments

The company only has basic financial instruments measured at amortised cost, with no financial instruments classified as other or basic financial instruments measured at fair value.

3	Employees
			2023
			Number
		The average monthly number of employees (including directors) during the period:	2

4	Debtors
			2023
			£





		Loans to directors	205


			205

5	Creditors amounts falling due within one year:
			2023
			£










		Accruals and deferred income	360
			360

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

Related party disclosures

At the balance sheet date £205 was owed to the Company by the Directors.

Controlling party

Immediate controlling party

R. Rowe controls the company