Company Registration No. 13504801 (England and Wales)
Swifty Software LTD
Unaudited accounts
for the year ended 30 June 2026
Swifty Software LTD
Unaudited accounts
Contents
Swifty Software LTD
Company Information
for the year ended 30 June 2026
Company Number
13504801 (England and Wales)
Registered Office
1 GROVE COTTAGES
BRIGHOUSE
HD6 2RE
ENGLAND
Accountants
Small Business Accountancy
18 Stoney Hill
Rastrick
Brighouse
West Yorkshire
HD6 3BP
Swifty Software LTD
Statement of financial position
as at 30 June 2026
Tangible assets
1,042
1,365
Cash at bank and in hand
1,066
501
Creditors: amounts falling due within one year
(2,142)
(1,921)
Net current liabilities
(1,033)
(1,420)
Total assets less current liabilities
9
(55)
Provisions for liabilities
Net liabilities
(189)
(314)
Called up share capital
1
1
Profit and loss account
(190)
(315)
Shareholders' funds
(189)
(314)
For the year ending 30 June 2026 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 his 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 7 October 2026 and were signed on its behalf by
M. Baughan
Director
Company Registration No. 13504801
Swifty Software LTD
Notes to the Accounts
for the year ended 30 June 2026
Swifty Software LTD is a private company, limited by shares, registered in England and Wales, registration number 13504801. The registered office is 1 GROVE COTTAGES, BRIGHOUSE, HD6 2RE, 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.
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
20% reducing balance
Computer equipment
25% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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 accounts have been prepared on a going concern basis, despite the fact that liabilities exceed assets, which arises as a result of the provision for deferred tax. The director considers that it is appropriate to prepare the accounts on the going concern basis.
Swifty Software LTD
Notes to the Accounts
for the year ended 30 June 2026
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2025
923
2,706
3,629
At 30 June 2026
923
2,706
3,629
At 1 July 2025
545
1,719
2,264
Charge for the year
76
247
323
At 30 June 2026
621
1,966
2,587
At 30 June 2026
302
740
1,042
At 30 June 2025
378
987
1,365
Amounts falling due within one year
Accrued income and prepayments
43
-
6
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
20
-
Loans from directors
1,342
1,159
7
Deferred taxation
2026
2025
Accelerated capital allowances
198
259
Provision at start of year
259
340
Credited to the profit and loss account
(61)
(81)
Provision at end of year
198
259
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Swifty Software LTD
Notes to the Accounts
for the year ended 30 June 2026
9
Transactions with related parties
The company is in receipt of a loan amounting to £1,342.00.00 from a member of key management personnel. The rate of interest charged is 0%. The loan is payable on demand although the director has agreed not to seek repayment of this amount until the company has sufficient funds to do so. At the balance sheet date, the loan was still outstanding and is presented within creditors: amounts falling due within one year.
10
Average number of employees
During the year the average number of employees was 0 (2025: 0).