Company Registration No. 11255363 (England and Wales)
SWIFT TEMPS (NORTH WEST) LTD
Unaudited accounts
for the year ended 31 March 2025
SWIFT TEMPS (NORTH WEST) LTD
Unaudited accounts
Contents
SWIFT TEMPS (NORTH WEST) LTD
Company Information
for the year ended 31 March 2025
Directors
James David Cottington
Damian Shane Lee
Ross James Wright
Company Number
11255363 (England and Wales)
Registered Office
Ground Floor Unit 4 Brooklands
Moons Moat Drive
Redditch
Worcs
B98 9DW
Accountants
AC Counts & Services Ltd
Office 42
Imex Business Centre, Oxleasow Road
Redditch
Worcestershire
B98 0RE
SWIFT TEMPS (NORTH WEST) LTD
Statement of financial position
as at 31 March 2025
Tangible assets
8,803
12,971
Cash at bank and in hand
181,988
199,408
Creditors: amounts falling due within one year
(1,237,384)
(765,383)
Net current assets
557,378
406,625
Total assets less current liabilities
566,182
419,597
Creditors: amounts falling due after more than one year
(30,989)
(65,875)
Net assets
535,193
353,722
Called up share capital
100
100
Profit and loss account
535,093
353,622
Shareholders' funds
535,193
353,722
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 6 June 2025 and were signed on its behalf by
James David Cottington
Director
Company Registration No. 11255363
SWIFT TEMPS (NORTH WEST) LTD
Notes to the Accounts
for the year ended 31 March 2025
SWIFT TEMPS (NORTH WEST) LTD is a private company, limited by shares, registered in England and Wales, registration number 11255363. The registered office is Ground Floor Unit 4 Brooklands, Moons Moat Drive, Redditch, Worcs, B98 9DW.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
The financial statements have been prepared on a going concern basis. This assumes the continued support of the directors. The directors have indicated their support will continue for the foreseeable future.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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:
Plant & machinery
20% Reducing Balance Method
Computer equipment
25% Straight Line Method
SWIFT TEMPS (NORTH WEST) LTD
Notes to the Accounts
for the year ended 31 March 2025
4
Intangible fixed assets
Other
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
2,021
24,394
26,415
At 31 March 2025
2,021
26,291
28,312
At 1 April 2024
956
12,488
13,444
Charge for the year
213
5,852
6,065
At 31 March 2025
1,169
18,340
19,509
At 31 March 2025
852
7,951
8,803
At 31 March 2024
1,065
11,906
12,971
Amounts falling due within one year
Trade debtors
1,595,475
959,285
Accrued income and prepayments
17,199
13,215
Amounts falling due after more than one year
SWIFT TEMPS (NORTH WEST) LTD
Notes to the Accounts
for the year ended 31 March 2025
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
419,273
299,587
Trade creditors
120,580
90,526
Taxes and social security
267,688
110,930
8
Creditors: amounts falling due after more than one year
2025
2024
9
Average number of employees
During the year the average number of employees was 28 (2024: 26).