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REGISTERED NUMBER: 08912710 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

SWISSCI LIMITED

SWISSCI LIMITED (REGISTERED NUMBER: 08912710)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SWISSCI LIMITED

COMPANY INFORMATION
for the Year Ended 31st December 2024







DIRECTOR: P C Reardon





REGISTERED OFFICE: Merlin House
Lancaster Road
Cressex Business Park
High Wycombe
Buckinghamshire
HP12 3PY





REGISTERED NUMBER: 08912710 (England and Wales)





ACCOUNTANTS: Draper Accountants Limited
3 Quarry Close
Green Lane
Leatherhead
Surrey
KT22 8US

SWISSCI LIMITED (REGISTERED NUMBER: 08912710)

BALANCE SHEET
31st December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,231,064 1,174,786
Investments 5 100 200
Investment property 6 215,239 216,983
1,446,403 1,391,969

CURRENT ASSETS
Stocks 329,591 205,917
Debtors 7 522,218 592,124
Investments 8 33,706 33,706
Cash at bank and in hand 1,613,005 1,422,435
2,498,520 2,254,182
CREDITORS
Amounts falling due within one year 9 37,827 81,755
NET CURRENT ASSETS 2,460,693 2,172,427
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,907,096

3,564,396

PROVISIONS FOR LIABILITIES (52,490 ) (32,801 )

ACCRUALS AND DEFERRED INCOME (163,604 ) (11,526 )
NET ASSETS 3,691,002 3,520,069

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 3,690,002 3,519,069
SHAREHOLDERS' FUNDS 3,691,002 3,520,069

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

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

SWISSCI LIMITED (REGISTERED NUMBER: 08912710)

BALANCE SHEET - continued
31st 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 15th April 2025 and were signed by:





P C Reardon - Director


SWISSCI LIMITED (REGISTERED NUMBER: 08912710)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st December 2024

1. STATUTORY INFORMATION

Swissci 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 15 ) .

SWISSCI LIMITED (REGISTERED NUMBER: 08912710)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st December 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1st January 2024 1,067,304 373,519 91,042 22,621 1,554,486
Additions - 154,185 10,986 4,036 169,207
Disposals - (55,784 ) (10,987 ) (125 ) (66,896 )
At 31st December 2024 1,067,304 471,920 91,041 26,532 1,656,797
DEPRECIATION
At 1st January 2024 33,600 269,293 56,754 20,053 379,700
Charge for year 12,600 67,012 7,709 2,647 89,968
Eliminated on disposal - (39,565 ) (4,245 ) (125 ) (43,935 )
At 31st December 2024 46,200 296,740 60,218 22,575 425,733
NET BOOK VALUE
At 31st December 2024 1,021,104 175,180 30,823 3,957 1,231,064
At 31st December 2023 1,033,704 104,226 34,288 2,568 1,174,786

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1st January 2024 200
Disposals (100 )
At 31st December 2024 100
NET BOOK VALUE
At 31st December 2024 100
At 31st December 2023 200

SWISSCI LIMITED (REGISTERED NUMBER: 08912710)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st December 2024

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st January 2024
and 31st December 2024 218,051
DEPRECIATION
At 1st January 2024 1,068
Charge for year 1,744
At 31st December 2024 2,812
NET BOOK VALUE
At 31st December 2024 215,239
At 31st December 2023 216,983

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 173,891 233,780
Other debtors 348,327 358,344
522,218 592,124

8. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Listed investments 33,706 33,706

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 6,550 5,790
Taxation and social security 30,700 75,965
Other creditors 577 -
37,827 81,755

10. ULTIMATE CONTROLLING PARTY

The controlling party is P C Reardon.