Company Registration No. 14573717 (England and Wales)
Swasam Limited
Unaudited accounts
for the year ended 31 January 2025
Swasam Limited
Unaudited accounts
Contents
Swasam Limited
Company Information
for the year ended 31 January 2025
Director
Malarvathanee RAJAMANIKKAM
Company Number
14573717 (England and Wales)
Registered Office
Post Office
48-50 High Street
Rolvenden
Cranbrook
Kent
TN17 4LN
England
Swasam Limited
Statement of financial position
as at 31 January 2025
Intangible assets
22,500
25,000
Cash at bank and in hand
14,458
1,587
Creditors: amounts falling due within one year
(19,798)
(3,246)
Net current assets
52,632
3,341
Total assets less current liabilities
156,442
28,341
Creditors: amounts falling due after more than one year
(126,877)
(30,852)
Net assets/(liabilities)
29,565
(2,511)
Called up share capital
2
2
Profit and loss account
29,563
(2,513)
Shareholders' funds
29,565
(2,511)
For the year ending 31 January 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 director acknowledges her 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 and authorised for issue on 24 December 2025 and were signed on its behalf by
Malarvathanee RAJAMANIKKAM
Director
Company Registration No. 14573717
Swasam Limited
Notes to the Accounts
for the year ended 31 January 2025
Swasam Limited is a private company, limited by shares, registered in England and Wales, registration number 14573717. The registered office is Post Office, 48-50 High Street, Rolvenden, Cranbrook, Kent, TN17 4LN, 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.
The financial statements have been prepared on a going concern basis, which is dependent upon the company's directors continuing to provide the necessary financial facilities, to enable the company to continue in operation for the foreseeable future.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or 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:
Fixtures & fittings
25% SL
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Swasam Limited
Notes to the Accounts
for the year ended 31 January 2025
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Fixtures & fittings
At 31 January 2025
108,413
Charge for the year
27,103
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
19,798
3,246
8
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
126,877
30,852
Swasam Limited
Notes to the Accounts
for the year ended 31 January 2025
9
Transactions with related parties
At the year-end date, the directors RAJAMANIKKAM, Malarvathanee has a credit balance of £126,877 (2020: £30,852 Cr) on their current account. This is an interest-free loan to the company and this amount is included in creditors payable more than one year.
10
Average number of employees
During the year the average number of employees was 1 (2024: 1).