Swaptech Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 08335337

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		849		1,061

			849		1,061
CURRENT ASSETS
Debtors	5	32,822		13,370
Cash at bank and in hand		60,476		112,356

		93,298		125,726
Creditors: Amounts Falling Due Within One Year	6	-		(500 )

NET CURRENT ASSETS (LIABILITIES)			93,298		125,226

TOTAL ASSETS LESS CURRENT LIABILITIES			94,147		126,287

Creditors: Amounts Falling Due After More Than One Year	7		-		(23,528 )

NET ASSETS			94,147		102,759

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			94,145		102,757

SHAREHOLDERS' FUNDS			94,147		102,759

Page 1

Page 2

Swaptech Limited

Balance Sheet (continued)

As At 31 December 2024

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Santosh Kumar Komatireddy

Director

26/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Swaptech Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08335337 . The registered office is 44 Campbell Avenue, Barkingside, Ilford, Essex, IG6 1EB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	Straight line
Fixtures & Fittings	Straight line

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 1)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 January 2024	4,246	168	4,414

As at 31 December 2024	4,246	168	4,414

Depreciation
As at 1 January 2024	3,242	111	3,353
Provided during the period	200	12	212

As at 31 December 2024	3,442	123	3,565

Net Book Value
As at 31 December 2024	804	45	849

As at 1 January 2024	1,004	57	1,061

5. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	32,822	13,370

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Other creditors	-	500

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Page 4

Swaptech Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	-	23,528

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	2	2

9. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2024
	£	£	£	£	£
Mr Santosh Kumar Komatireddy	13,370	-	-	-	32,822

The above loan is unsecured, interest free and repayable on demand.