SKC Project Consultants Ltd. SC247062 true 2022-08-01 2023-07-31 2023-07-31 The principal activity of the company is engineering services Digita Accounts Production Advanced 6.30.9574.0 true Mrs Anne Heather Caughey Mr Stuart Kirk Caughey SC247062 2022-08-01 2023-07-31 SC247062 2023-07-31 SC247062 core:RetainedEarningsAccumulatedLosses 2023-07-31 SC247062 core:ShareCapital 2023-07-31 SC247062 core:CurrentFinancialInstruments core:WithinOneYear 2023-07-31 SC247062 bus:FRS102 2022-08-01 2023-07-31 SC247062 bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 SC247062 bus:FullAccounts 2022-08-01 2023-07-31 SC247062 bus:RegisteredOffice 2022-08-01 2023-07-31 SC247062 bus:CompanySecretaryDirector2 2022-08-01 2023-07-31 SC247062 bus:Director3 2022-08-01 2023-07-31 SC247062 bus:EntityNoLongerTradingButTradedInPast 2022-08-01 2023-07-31 SC247062 bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 SC247062 bus:Agent1 2022-08-01 2023-07-31 SC247062 countries:Scotland 2022-08-01 2023-07-31 SC247062 2022-07-31 SC247062 core:RetainedEarningsAccumulatedLosses 2022-07-31 SC247062 core:ShareCapital 2022-07-31 SC247062 core:CurrentFinancialInstruments core:WithinOneYear 2022-07-31 iso4217:GBP

Registration number: SC247062

SKC Project Consultants Ltd.

Annual Report and Unaudited Financial Statements

for the Year Ended 31 July 2023

 

SKC Project Consultants Ltd.

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3

Notes to the Unaudited Financial Statements

4 to 5

 

SKC Project Consultants Ltd.

Company Information

Directors

Mrs Anne Heather Caughey

Mr Stuart Kirk Caughey

Company secretary

Mrs Anne Heather Caughey

Registered office

12 Kincath Avenue
Burnside
Rutherglen
Glasgow
G73 4RP

Accountants

Yates & Co CA
Unit 4B
Gateway Business Park
Beancross Road
Grangemouth
FK3 8WX

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
SKC Project Consultants Ltd.
for the Year Ended 31 July 2023

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of SKC Project Consultants Ltd. for the year ended 31 July 2023 as set out on pages 3 to 5 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the Board of Directors of SKC Project Consultants Ltd., as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of SKC Project Consultants Ltd. and state those matters that we have agreed to state to the Board of Directors of SKC Project Consultants Ltd., as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SKC Project Consultants Ltd. and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that SKC Project Consultants Ltd. has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of SKC Project Consultants Ltd.. You consider that SKC Project Consultants Ltd. is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of SKC Project Consultants Ltd.. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Yates & Co CA
Unit 4B
Gateway Business Park
Beancross Road
Grangemouth
FK3 8WX

21 March 2024

 

SKC Project Consultants Ltd.

(Registration number: SC247062)
Balance Sheet as at 31 July 2023

Note

2023
£

2022
£

Current assets

 

Cash at bank and in hand

 

71

71

Creditors: Amounts falling due within one year

4

(657)

(480)

Net liabilities

 

(586)

(409)

Capital and reserves

 

Called up share capital

3

3

Retained earnings

(589)

(412)

Shareholders' deficit

 

(586)

(409)

For the financial year ending 31 July 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 21 March 2024 and signed on its behalf by:
 

.........................................
Mr Stuart Kirk Caughey
Director

 

SKC Project Consultants Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2023

1

General information

The company is a private company limited by share capital, incorporated in Scotland.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

It is the opinion of the directors that there is reasonable expectation that the company has adequate resources to continue operations for the foreseeable future. For this reason the going concern basis has been adopted in preparing the financial statements for the period ended 31 July 2023.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

SKC Project Consultants Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2023

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual
arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any
contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

 

3

Cash and cash equivalents

2023
£

2022
£

Cash at bank

71

71

4

Creditors

Note

2023
£

2022
£

Due within one year

 

Amounts due to related parties

281

130

Other payables

 

376

350

 

657

480