Expedite Capital Ltd - Filleted accounts

Registered number

12153441

Expedite Capital Ltd

Unaudited Filleted Accounts

31 August 2026

Expedite Capital Ltd
Registered number:		12153441
Balance Sheet
as at 31 August 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		1,056			633
Investments	4		2,540			2,540
			3,596			3,173

Current assets
Debtors	5	16,169			4,850
Cash at bank and in hand		3,495			41,428
		19,664			46,278

Creditors: amounts falling due within one year	6	(20,472)			(31,894)

Net current (liabilities)/assets			(808)			14,384

Total assets less current liabilities			2,788			17,557


Provisions for liabilities			(201)			(120)


Net assets			2,587			17,437

Capital and reserves
Called up share capital			1			1
Profit and loss account			2,586			17,436

Shareholder's funds			2,587			17,437

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




A Sainty
Director
Approved by the board on 22 October 2026

Expedite Capital Ltd
Notes to the Accounts
for the year ended 31 August 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings and equipment	over 3 years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		1		1


3	Tangible fixed assets
					Fixtures, fittings and equipment
£
	Cost
	At 1 September 2025				1,449
	Additions				1,109
	Disposals				(499)
	At 31 August 2026				2,059

	Depreciation
	At 1 September 2025				816
	Charge for the year				686
	On disposals				(499)
	At 31 August 2026				1,003

	Net book value
	At 31 August 2026				1,056
	At 31 August 2025				633


4	Investments

Other
investments
£
	Cost
	At 1 September 2025				2,540

	At 31 August 2026				2,540


5	Debtors		2026		2025
£				£

	Trade debtors		700		4,200
	Other debtors		15,469		650
			16,169		4,850


6	Creditors: amounts falling due within one year		2026		2025
£				£

	Trade creditors		50		-
	Taxation and social security costs		4,603		17,417
	Other creditors		15,819		14,477
			20,472		31,894


7	Related party transactions

	The company provided services to SwiftScale Holdings Ltd to the value of £nil (2025 - £16,436), a company in which the director also serves as a director. No amounts were outstanding at the balance sheet date. No amounts due from SwiftScale Holdings Ltd were written-off during the year (2025 - £704). The company provided short-term funding to SwiftRaise Ltd, a company in which the director also served as a director. No amounts were outstanding at the balance sheet date. No amounts due from SwiftRaise Ltd were written-off during the year (2025 - £3,017). The company provided services to Roke Weaver Ltd to the value of £42,000 (2025 - £10,500), a company in which the director also serves as a director. Included in trade debtors at the balance sheet date is an amount of £700 (2025 - £4,200) due from Roke Weaver Ltd. The company provided short-term funding to Roke Weaver Ltd. Included in debtors at the balance sheet date is an amount of £650 (2025 - £650) due from Roke Weaver Ltd.


8	Controlling party

	The director is the controlling party by virtue of his majority shareholding.


9	Other information

	Expedite Capital Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Flat 25 St George's Court
	Gloucester Road
	London
	SW7 4QZ