IRIS Accounts Production v23.3.0.418 14316058 Board of Directors 24.8.22 31.3.23 31.3.23 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh143160582022-08-23143160582023-03-31143160582022-08-242023-03-31143160582022-08-2314316058ns10:Originalns15:EnglandWales2022-08-242023-03-3114316058ns14:PoundSterlingns10:Original2022-08-242023-03-3114316058ns10:Originalns10:Director12022-08-242023-03-3114316058ns10:Original2022-08-242023-03-3114316058ns10:Original2023-03-3114316058ns10:Originalns10:PrivateLimitedCompanyLtd2022-08-242023-03-3114316058ns10:Originalns10:SmallEntities2022-08-242023-03-3114316058ns10:Originalns10:AuditExempt-NoAccountantsReport2022-08-242023-03-3114316058ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-08-242023-03-3114316058ns10:SmallCompaniesRegimeForAccountsns10:Original2022-08-242023-03-3114316058ns10:Originalns10:FullAccounts2022-08-242023-03-3114316058ns10:Originalns10:Director22022-08-242023-03-3114316058ns10:Originalns10:Director32022-08-242023-03-3114316058ns10:Originalns10:RegisteredOffice2022-08-242023-03-3114316058ns10:Originalns5:CurrentFinancialInstruments2023-03-3114316058ns5:ShareCapitalns10:Original2023-03-3114316058ns10:Originalns5:SharePremium2023-03-3114316058ns10:Originalns5:FurtherSpecificReserve1ComponentTotalEquity2023-03-3114316058ns10:Originalns5:AdditionsToInvestments2023-03-3114316058ns10:Originalns5:CostValuation2023-03-3114316058ns10:Original12022-08-242023-03-31
REGISTERED NUMBER: 14316058 (England and Wales)















Unaudited Financial Statements

for the Period 24 August 2022 to 31 March 2023

for

Skoon Energy Group Ltd

Skoon Energy Group Ltd (Registered number: 14316058)






Contents of the Financial Statements
for the Period 24 August 2022 to 31 March 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Skoon Energy Group Ltd

Company Information
for the Period 24 August 2022 to 31 March 2023







DIRECTORS: A A Qureshi
A J Chapman
M D Gunn





REGISTERED OFFICE: C/o Dragon Argent Limited
63 Bermondsey Street
London
SE1 3XF





REGISTERED NUMBER: 14316058 (England and Wales)





ACCOUNTANTS: Dragon Argent Limited
63 Bermondsey Street
London
SE1 3XF

Skoon Energy Group Ltd (Registered number: 14316058)

Statement of Financial Position
31 March 2023

Notes £    £   
FIXED ASSETS
Investments 4 95,484

CURRENT ASSETS
Debtors 5 249,522

CREDITORS
Amounts falling due within one year 6 94,999
NET CURRENT ASSETS 154,523
TOTAL ASSETS LESS CURRENT
LIABILITIES

250,007

CAPITAL AND RESERVES
Called up share capital 7
Share premium 100,000
Other reserves 150,000
250,007

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 November 2023 and were signed on its behalf by:





A A Qureshi - Director


Skoon Energy Group Ltd (Registered number: 14316058)

Notes to the Financial Statements
for the Period 24 August 2022 to 31 March 2023

1. STATUTORY INFORMATION

Skoon Energy Group Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Investments in subsidiaries
Intangible assets are initially recognised at cost and revalued at each balance sheet date for impairment.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 95,484
At 31 March 2023 95,484
NET BOOK VALUE
At 31 March 2023 95,484

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed by group undertakings 249,522

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed to group undertakings 27,143
Other creditors 67,856
94,999

Skoon Energy Group Ltd (Registered number: 14316058)

Notes to the Financial Statements - continued
for the Period 24 August 2022 to 31 March 2023

7. RELATED PARTY DISCLOSURES

Included in other creditors due within one year is an amount of £67,856 owed from the company to a director. The loan is interest free and repayable on demand.

8. POST BALANCE SHEET EVENTS

As at the balance sheet date, "Other reserves" includes an amount of £120,530 in relation to a purchase of equity that took place post balance sheet date. On the 5th June 2023, the company issued Ordinary shares of £0.00001 each for a consideration of £3.85 per share.