REGISTERED NUMBER: 15530801 (England and Wales)

SWIFT IRRIGATION LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

7,498

8,812

CURRENT ASSETS

Debtors

5

1,500

2,724

Cash at bank

6,689

6,978

8,189

9,702

CREDITORS

Amounts falling due within one year

6

6,849

9,557

NET CURRENT ASSETS

1,340

145

TOTAL ASSETS LESS CURRENT LIABILITIES

8,838

8,957

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

8,738

8,857

8,838

8,957

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 August 2026 and were signed by:

A C Belshaw - Director

1.	STATUTORY INFORMATION

Swift Irrigation Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

15530801

Registered office:

74 Bengeo Street

Hertford

Hertfordshire

SG14 3EX

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 March 2025

1,050

9,900

10,950

Additions

560

-

560

At 28 February 2026

1,610

9,900

11,510

DEPRECIATION

At 1 March 2025

158

1,980

2,138

Charge for year

290

1,584

1,874

At 28 February 2026

448

3,564

4,012

NET BOOK VALUE

At 28 February 2026

1,162

6,336

7,498

At 28 February 2025

892

7,920

8,812

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

1,500

2,200

Other debtors

-

524

1,500

2,724

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

3,799

127

Other creditors

3,050

9,430

6,849

9,557

7.	RELATED PARTY DISCLOSURES

During the year the Director loaned the company with no set repayment date. At the year end the amount due to the Director was £1,910 (2025: £8,290).

8.	ULTIMATE CONTROLLING PARTY

The controlling party is A C Belshaw.