Company Registration No. 7628179 (England and Wales)
Swift House Ltd
Unaudited accounts
for the year ended 31 March 2025
Swift House Ltd
Unaudited accounts
Contents
Swift House Ltd
Company Information
for the year ended 31 March 2025
Directors
Martin Garrahan
Diane Smith
Company Number
7628179 (England and Wales)
Registered Office
71 Hammonds Green
Totton
Southampton
Hampshire
SO40 3HU
Accountants
Katie Swift
26 Culford Avenue
Totton
SOUTHAMPTON
SO40 9BY
Swift House Ltd
Accountants' report
Accountants' report to the board of directors of Swift House Ltd (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 March 2025.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 March 2025. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Katie Swift
26 Culford Avenue
Totton
SOUTHAMPTON
SO40 9BY
14 November 2025
Swift House Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
271,890
278,523
Inventories
287,084
235,775
Cash at bank and in hand
3,759
88,031
Creditors: amounts falling due within one year
(7,208)
(7,237)
Net current assets
283,635
316,569
Total assets less current liabilities
555,525
595,092
Creditors: amounts falling due after more than one year
(590,000)
(591,132)
Net (liabilities)/assets
(34,475)
3,960
Called up share capital
1
1
Profit and loss account
(34,476)
3,959
Shareholders' funds
(34,475)
3,960
For the year ending 31 March 2025 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 November 2025 and were signed on its behalf by
Martin Garrahan
Director
Company Registration No. 7628179
Swift House Ltd
Notes to the Accounts
for the year ended 31 March 2025
Swift House Ltd is a private company, limited by shares, registered in England and Wales, registration number 7628179. The registered office is 71 Hammonds Green, Totton, Southampton, Hampshire, SO40 3HU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2024
245,358
39,798
285,156
At 31 March 2025
245,358
39,798
285,156
At 1 April 2024
-
6,633
6,633
Charge for the year
-
6,633
6,633
At 31 March 2025
-
13,266
13,266
At 31 March 2025
245,358
26,532
271,890
At 31 March 2024
245,358
33,165
278,523
5
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
651
Obligations under finance leases and hire purchase contracts
4,999
3,324
Trade creditors
3,230
4,191
Loans from directors
(1,021)
(929)
Swift House Ltd
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
-
3,342
Other creditors
590,000
590,000
Taxes and social security
-
(2,210)
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).