Company Registration No. 15781525 (England and Wales)
Swift Temps (South West) Ltd
Unaudited accounts
for the year ended 31 March 2025
Swift Temps (South West) Ltd
Unaudited accounts
Contents
Swift Temps (South West) Ltd
Company Information
for the year ended 31 March 2025
Directors
Damian Lee
Ross Wright
Company Number
15781525 (England and Wales)
Registered Office
Ground Floor Unit 4 Brooklands
Moons Moat Drive
Redditch
B98 9DW
England
Swift Temps (South West) Ltd
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
8,292
-
Creditors: amounts falling due within one year
(55,230)
-
Net current assets
37,078
-
Total assets less current liabilities
43,882
-
Creditors: amounts falling due after more than one year
(60,000)
-
Profit and loss account
(16,118)
-
Shareholders' funds
(16,118)
-
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 16 December 2025 and were signed on its behalf by
Ross Wright
Director
Company Registration No. 15781525
Swift Temps (South West) Ltd
Notes to the Accounts
for the year ended 31 March 2025
Swift Temps (South West) Ltd is a private company, limited by shares, registered in England and Wales, registration number 15781525. The registered office is Ground Floor Unit 4 Brooklands, Moons Moat Drive, Redditch, B98 9DW, England.
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.
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
10% Straight Line
Computer equipment
25% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
The financial statements have been prepared on a going concern basis. This assumes the continued support of the director. The director has indicated his support will continue for the foreseeable future.
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.
Swift Temps (South West) Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
4,093
3,141
7,234
At 31 March 2025
4,093
3,141
7,234
Charge for the year
410
785
1,195
At 31 March 2025
410
785
1,195
At 31 March 2025
3,683
2,356
6,039
Amounts falling due within one year
Accrued income and prepayments
4,079
-
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
8,851
-
Taxes and social security
7,983
-
Swift Temps (South West) Ltd
Notes to the Accounts
for the year ended 31 March 2025
8
Creditors: amounts falling due after more than one year
2025
2024
9
Transactions with related parties
At the year end there was a balance of £60000,00 owed to Swift Temps Ltd & Wright Group Ltd.
10
Average number of employees
During the year the average number of employees was 2 (2024: 0).