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REGISTERED NUMBER: 09812042 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31st October 2024

for

Swishd Ltd

Swishd Ltd (Registered number: 09812042)

Contents of the Financial Statements
for the year ended 31st October 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Swishd Ltd

Company Information
for the year ended 31st October 2024







DIRECTORS: Mrs Jasminder Wasu
Mr Jatinder Wasu





SECRETARY: Mr Jatinder Wasu





REGISTERED OFFICE: 92A High Street,
Orpington
Kent
BR6 0JY





REGISTERED NUMBER: 09812042 (England and Wales)






Swishd Ltd (Registered number: 09812042)

Balance Sheet
31st October 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 5 779 35,662
Cash at bank 46,496 11,626
47,275 47,288
CREDITORS
Amounts falling due within one year 6 1,597,037 1,597,050
NET CURRENT LIABILITIES (1,549,762 ) (1,549,762 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,549,762

)

(1,549,762

)

CAPITAL AND RESERVES
Called up share capital 7 900 900
Retained earnings 8 (1,550,662 ) (1,550,662 )
SHAREHOLDERS' FUNDS (1,549,762 ) (1,549,762 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 J S Wasu the Board of Directors and authorised for issue on 25th June 2025 and were signed on its behalf by:



Mr Jatinder Wasu - Director


Swishd Ltd (Registered number: 09812042)

Notes to the Financial Statements
for the year ended 31st October 2024


1. STATUTORY INFORMATION

Swishd Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Furniture & Fixtures - 33.33% and 100% SLM
Computer Equipments - 33.33% and 50% SLM

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements. The validity of this assumption is on the basis that the company will continue to be supported by the directors.

3. EMPLOYEES AND DIRECTORS

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

Swishd Ltd (Registered number: 09812042)

Notes to the Financial Statements - continued
for the year ended 31st October 2024


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st November 2023
and 31st October 2024 1,106 4,884 5,990
DEPRECIATION
At 1st November 2023
and 31st October 2024 1,106 4,884 5,990
NET BOOK VALUE
At 31st October 2024 - - -
At 31st October 2023 - - -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 779 35,662

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 34 35
Taxation and social security - 12
Other creditors 1,597,003 1,597,003
1,597,037 1,597,050

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
90,000 Ordinary Shares 0.01 900 900

Swishd Ltd (Registered number: 09812042)

Notes to the Financial Statements - continued
for the year ended 31st October 2024


8. RESERVES
Retained
earnings
£   

At 1st November 2023 (1,550,662 )
Profit for the year -
At 31st October 2024 (1,550,662 )