ACCOUNTS - Final Accounts

Registered number: 02782994

SWIFTDEN LIMITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2025

SWIFTDEN LIMITED

REGISTERED NUMBER: 02782994

STATEMENT OF FINANCIAL POSITION

AS AT 31 OCTOBER 2025

		2025		2024
Note		£		£

Fixed assets
Investments	5		575,942		545,378
			575,942		545,378
Current assets
Debtors: amounts falling due within one year	6	588,608		604,408
		588,608		604,408
Creditors: amounts falling due within one year	7	(36,244)		(52,061)
Net current assets			552,364		552,347
Total assets less current liabilities			1,128,306		1,097,725

Net assets			1,128,306		1,097,725

Capital and reserves
Called up share capital		500	500
Share premium account	8	74,002	74,002
Revaluation reserve	8	500,942	470,378
Profit and loss account	8	552,862	552,845
		1,128,306	1,097,725

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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SWIFTDEN LIMITED

REGISTERED NUMBER: 02782994

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 OCTOBER 2025

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 8 June 2026.

M. P. Betts

Director

The notes on pages 3 to 5 form part of these financial statements.

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SWIFTDEN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

1.	General information

Swiftden Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is 30 Orange Street, London, WC2H 7HF.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised by the company in respect of management services supplied to its subsidiary.

2.3

Valuation of investments

Investments in subsidiaries are measured at fair value.

2.4

Debtors

Short term debtors are measured at transaction price.

2.5

Creditors

Short term creditors are measured at the transaction price.

2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 3).

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SWIFTDEN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

4.	Taxation

		2025	2024
		£	£

Corporation tax
Current tax on profits for the year	4	44
	4	44

Total current tax	4	44

	Factors affecting tax charge for the year
	There were no factors that affected the tax charge for the year which has been calculated on the profits on ordinary activities before tax at the standard rate of corporation tax in the UK of 19% (2024 - 19%).

Factors that may affect future tax charges

There were no factors that may affect future tax charges.

5.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 November 2024	545,378
	Revaluations	30,564
	At 31 October 2025	575,942

Subsidiary undertaking
The following was a subsidiary undertaking of the Company:
Name	Class of shares	Holding

Stadeways Limited

Ordinary

100%

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SWIFTDEN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Subsidiary undertaking (continued)

	The aggregate of the share capital and reserves as at 31 October 2025 and the profit or loss for the year ended on that date for the subsidiary undertaking were as follows:
	Name	Aggregate of share capital and reserves	Profit/(Loss)

Stadeways Limited

575,942

30,564

Debtors

					2025	2024
					£	£


Stadeways Limited	588,608	604,408
	588,608	604,408

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Corporation tax	4	44
Directors' current account	34,380	50,337
Accruals	1,860	1,680
	36,244	52,061

Reserves

Share premium account

The Share Premium Account represents the excess amount shareholders paid for shares above their nominal (par) value and equals £74,002 (2024 - £74,002). This reserve is non distributable.

Revaluation reserve

The Revaluation Reserve represents the accumulated increases in valuations of the investment company held at fair value and totalls £500,942 (£470,378). This reserve is non distributable.

Profit & loss account

The Profit and Loss reserve totalls £552,862 (2024 - £552,845) and is fully distributable.

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