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REGISTERED NUMBER: 13612681 (England and Wales)















Financial Statements for the Year Ended 31 December 2024

for

Swift Surgical Limited

Swift Surgical Limited (Registered number: 13612681)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Swift Surgical Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: K G Ellis
Dr S Sainudeen





REGISTERED OFFICE: 132 Manchester Road
Rochdale
Greater Manchester
OL11 4JQ





REGISTERED NUMBER: 13612681 (England and Wales)





AUDITORS: Haines Watts
Statutory Auditor
3rd Floor Pacific Chambers
11-13 Victoria Street
Liverpool
Merseyside
L2 5QQ

Swift Surgical Limited (Registered number: 13612681)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 40,191 -

CURRENT ASSETS
Stocks 42,603 -
Debtors 5 247,082 1,000
Cash at bank 1,090 -
290,775 1,000
CREDITORS
Amounts falling due within one year 6 419,718 -
NET CURRENT (LIABILITIES)/ASSETS (128,943 ) 1,000
TOTAL ASSETS LESS CURRENT
LIABILITIES

(88,752

)

1,000

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (89,752 ) -
(88,752 ) 1,000

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 Board of Directors and authorised for issue on 21 July 2025 and were signed on its behalf by:





Dr S Sainudeen - Director


Swift Surgical Limited (Registered number: 13612681)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Swift Surgical 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.

Preparation of consolidated financial statements
The financial statements contain information about Swift Surgical Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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.

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

Taxation
Taxation for the year 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.

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 year 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.

Going concern
The directors regularly assess the performance of the entity and future strategic plans.The directors believe the company is a going concern and has financial support available to meet operational needs for a period of at least 12 months from the balance sheet date.

Swift Surgical Limited (Registered number: 13612681)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
Additions 41,038
At 31 December 2024 41,038
DEPRECIATION
Charge for year 847
At 31 December 2024 847
NET BOOK VALUE
At 31 December 2024 40,191

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£ £
Trade debtors 154,890 -
Other debtors 92,192 1,000
247,082 1,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£ £
Trade creditors 4,468 -
Amounts owed to group undertakings 415,250 -
419,718 -

Amounts owed to related undertakings are interest free and payable on demand.

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Michael Forshaw BA FCA (Senior Statutory Auditor)
for and on behalf of Haines Watts

8. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions undertaken with entities which, at the point the transaction was undertaken, where wholly owned subsidiaries within the group.

Swift Surgical Limited (Registered number: 13612681)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

9. ULTIMATE CONTROLLING PARTY

The smallest group under which the consolidated accounts are drawn up which includes Swift Surgical Limited is SS Medical Holdings Limited. The consolidated accounts are available through Companies House, Crown Way, Cardiff, CF14 3UZ, its registered number being 13692100.

The ultimate controlling party is deemed to be Sayani Sainudeen on account of their 100% shareholding in the ultimate parent company SS Medical Holdings Limited.