REGISTERED NUMBER: 12872139 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

SWISS BUBBLE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Hassan

M T H Raja

REGISTERED OFFICE:

73 Park Lane

Croydon

Surrey

CR0 1JG

REGISTERED NUMBER:

12872139 (England and Wales)

ACCOUNTANTS:

Owadally & King

Chartered Certified Accountants

73 Park Lane

Croydon

Surrey

CR0 1JG

FIXED ASSETS

Tangible assets

4

194,308

231,586

CURRENT ASSETS

Debtors

5

39,704

40,046

Cash at bank

955

15,154

40,659

55,200

CREDITORS

Amounts falling due within one year

6

627,878

625,241

NET CURRENT LIABILITIES

(587,219

)

(570,041

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(392,911

)

(338,455

)

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

(393,011

)

(338,555

)

SHAREHOLDERS' FUNDS

(392,911

)

(338,455

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 the Board of Directors and authorised for issue on 14 July 2025 and were signed on its behalf by:

M T H Raja - Director

1.	STATUTORY INFORMATION

Swiss Bubble 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.

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.

Plant and machinery etc

-

25% on cost

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Going concern

The Company has made an operating loss during the year. However, the Board of Directors believe that the

company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they still adopt the going concern basis in producing the accounts.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 October 2023

and 30 September 2024

7,483

298,397

305,880

DEPRECIATION

At 1 October 2023

998

73,296

74,294

Charge for year

499

36,779

37,278

At 30 September 2024

1,497

110,075

111,572

NET BOOK VALUE

At 30 September 2024

5,986

188,322

194,308

At 30 September 2023

6,485

225,101

231,586

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

39,704

40,046

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

100,741

131,613

Taxation and social security

106,226

64,198

Other creditors

420,911

429,430

627,878

625,241

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary Share

1

100

100

8.

RESERVES

Retained

earnings

£

At 1 October 2023

(338,555

)

Deficit for the year

(54,456

)

At 30 September 2024

(393,011

)

9.	ULTIMATE CONTROLLING PARTY

The controlling party and the ultimate controlling party are not known.

The company is controlled by the board of directors by virtue of their shareholdings.