REGISTERED NUMBER: 04692061 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

SWIFT CATERING SUPPLIES LTD

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

141,249

65,420

CURRENT ASSETS

Stocks

150,000

155,000

Debtors

5

261,318

281,411

Cash at bank and in hand

9,819

42,119

421,137

478,530

CREDITORS

Amounts falling due within one year

6

252,321

264,045

NET CURRENT ASSETS

168,816

214,485

TOTAL ASSETS LESS CURRENT LIABILITIES

310,065

279,905

CREDITORS

Amounts falling due after more than one year

7

(32,576

)

-

PROVISIONS FOR LIABILITIES

(35,312

)

(16,355

)

NET ASSETS

242,177

263,550

CAPITAL AND RESERVES

Called up share capital

102

102

Retained earnings

242,075

263,448

SHAREHOLDERS' FUNDS

242,177

263,550

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

T P Richards - Director

1.	STATUTORY INFORMATION

Swift Catering Supplies Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04692061

Registered office:

The Old School

The Stennack

St Ives

Cornwall

TR26 1QU

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 reducing balance, 10% on reducing balance and Straight line over 3 years

Stocks

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2024 - 17 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

213,482

Additions

101,710

At 31 March 2025

315,192

DEPRECIATION

At 1 April 2024

148,062

Charge for year

25,881

At 31 March 2025

173,943

NET BOOK VALUE

At 31 March 2025

141,249

At 31 March 2024

65,420

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

224,639

232,661

Other debtors

19,204

31,275

243,843

263,936

Amounts falling due after more than one year:

Other debtors

17,475

17,475

Aggregate amounts

261,318

281,411

The overdrawn directors current account was repaid within 9 months of the year end.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

4,255

-

Trade creditors

193,962

183,113

Taxation and social security

49,192

76,488

Other creditors

4,912

4,444

252,321

264,045

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

32,576

-

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is T P Richards.