SWSS INVESTMENT LTD

Company Registration Number:
13785632 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

SWSS INVESTMENT LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

SWSS INVESTMENT LTD

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal activities of the company

The company's principal activity during the year continued to be non-specialized wholesale trade and other retail sale not in stores, stalls or markets.



Directors

The director shown below has held office during the whole of the period from
1 January 2024 to 31 December 2024

SHAHZAD, Aamir


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
3 March 2025

And signed on behalf of the board by:
Name: SHAHZAD, Aamir
Status: Director

SWSS INVESTMENT LTD

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£

£
Turnover: 4,607,438 3,729,243
Cost of sales: ( 1,557,572 ) ( 1,190,434 )
Gross profit(or loss): 3,049,866 2,538,809
Distribution costs: ( 1,917,459 ) ( 1,654,882 )
Administrative expenses: ( 300,813 ) ( 265,012 )
Operating profit(or loss): 831,594 618,915
Profit(or loss) before tax: 831,594 618,915
Tax: ( 6,542 ) ( 7,608 )
Profit(or loss) for the financial year: 825,052 611,307

SWSS INVESTMENT LTD

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 133,110 70,185
Total fixed assets: 133,110 70,185
Current assets
Stocks: 4 267,362 0
Debtors: 5 1,014,058 520,212
Cash at bank and in hand: 34,782 28,454
Total current assets: 1,316,202 548,666
Creditors: amounts falling due within one year: 6 ( 12,952 ) ( 7,543 )
Net current assets (liabilities): 1,303,250 541,123
Total assets less current liabilities: 1,436,360 611,308
Total net assets (liabilities): 1,436,360 611,308
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 1,436,359 611,307
Total Shareholders' funds: 1,436,360 611,308

The notes form part of these financial statements

SWSS INVESTMENT LTD

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 3 March 2025
and signed on behalf of the board by:

Name: SHAHZAD, Aamir
Status: Director

The notes form part of these financial statements

SWSS INVESTMENT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life.

    Other accounting policies

    Debtors: Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

SWSS INVESTMENT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 16 12

SWSS INVESTMENT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 48,332 34,238 82,570
Additions 47,642 38,773 86,415
Disposals
Revaluations
Transfers
At 31 December 2024 95,974 73,011 168,985
Depreciation
At 1 January 2024 7,250 5,135 12,385
Charge for year 13,309 10,181 23,490
On disposals
Other adjustments
At 31 December 2024 20,559 15,316 35,875
Net book value
At 31 December 2024 75,415 57,695 133,110
At 31 December 2023 41,082 29,103 70,185

SWSS INVESTMENT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Stocks

2024 2023
£ £
Stocks 267,362 0
Total 267,362 0

SWSS INVESTMENT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Debtors

2024 2023
£ £
Trade debtors 1,014,058 520,212
Total 1,014,058 520,212

SWSS INVESTMENT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 12,952 7,543
Total 12,952 7,543