1 August 2024 false No description of principal activity Taxfiler 2024.6 10290752business:PrivateLimitedCompanyLtd2024-08-012025-07-31 102907522024-07-31 102907522024-08-012025-07-31 10290752business:AuditExempt-NoAccountantsReport2024-08-012025-07-31 10290752business:FilletedAccounts2024-08-012025-07-31 102907522025-07-31 10290752business:Director12024-08-012025-07-31 10290752business:Director22024-08-012025-07-31 10290752business:RegisteredOffice2024-08-012025-07-31 102907522024-07-31 10290752core:WithinOneYear2025-07-31 10290752core:WithinOneYear2024-07-31 10290752core:AfterOneYear2025-07-31 10290752core:AfterOneYear2024-07-31 10290752core:ShareCapitalcore:PreviouslyStatedAmount2025-07-31 10290752core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 10290752core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-07-31 10290752core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 10290752core:PreviouslyStatedAmount2025-07-31 10290752core:PreviouslyStatedAmount2024-07-31 10290752business:SmallEntities2024-08-012025-07-31 10290752countries:EnglandWales2024-08-012025-07-31 10290752core:FurnitureFittings2024-08-012025-07-31 10290752core:IntangibleAssetsOtherThanGoodwill2024-07-31 10290752core:IntangibleAssetsOtherThanGoodwill2025-07-31 10290752core:LandBuildings2024-07-31 10290752core:MotorVehicles2024-07-31 10290752core:FurnitureFittings2024-07-31 10290752core:LandBuildings2025-07-31 10290752core:MotorVehicles2025-07-31 10290752core:FurnitureFittings2025-07-31 10290752core:LandBuildings2024-08-012025-07-31 10290752core:MotorVehicles2024-08-012025-07-31 102907522023-08-012024-07-31 iso4217:GBP xbrli:pure
Company Registration No. 10290752 (England and Wales)
SWIFT TAX LTD Unaudited accounts for the year ended 31 July 2025
SWIFT TAX LTD Unaudited accounts Contents
Page
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SWIFT TAX LTD Company Information for the year ended 31 July 2025
Directors
Nigel James Kelly James
Company Number
10290752 (England and Wales)
Registered Office
THE OAKS GINNS ROAD STOCKING PELHAM Hertfordshire SG90JD United Kingdom
Accountants
KELLY JAMES THE OAKS GINNS ROAD STOCKING PELHAM Herts SG90JD
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SWIFT TAX LTD Statement of financial position as at 31 July 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
100 
1,105 
Current assets
Debtors
6,947 
3,429 
Cash at bank and in hand
5,236 
(254)
12,183 
3,175 
Creditors: amounts falling due within one year
(79)
4,435 
Net current assets
12,104 
7,610 
Total assets less current liabilities
12,204 
8,715 
Creditors: amounts falling due after more than one year
(12,961)
(18,668)
Net liabilities
(757)
(9,953)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(759)
(9,955)
Shareholders' funds
(757)
(9,953)
For the year ending 31 July 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 28 April 2026 and were signed on its behalf by
Nigel James Director Company Registration No. 10290752
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SWIFT TAX LTD Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
SWIFT TAX LTD is a private company, limited by shares, registered in England and Wales, registration number 10290752. The registered office is THE OAKS, GINNS ROAD, STOCKING PELHAM, Hertfordshire, SG90JD, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
20
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 August 2024
3,500 
At 31 July 2025
3,500 
Amortisation
At 1 August 2024
3,500 
At 31 July 2025
3,500 
Net book value
At 31 July 2025
- 
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SWIFT TAX LTD Notes to the Accounts for the year ended 31 July 2025
5
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2024
- 
20,500 
6,030 
26,530 
At 31 July 2025
- 
20,500 
6,030 
26,530 
Depreciation
At 1 August 2024
- 
20,500 
4,925 
25,425 
Charge for the year
(100)
- 
1,105 
1,005 
At 31 July 2025
(100)
20,500 
6,030 
26,430 
Net book value
At 31 July 2025
100 
- 
- 
100 
At 31 July 2024
- 
- 
1,105 
1,105 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,966 
3,448 
Other debtors
(19)
(19)
6,947 
3,429 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
2,560 
818 
Trade creditors
(1,430)
(1,435)
Other creditors
(1,051)
(3,818)
79 
(4,435)
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
12,961 
18,668 
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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