1 January 2023 false No description of principal activity Taxfiler 2024.1 04944463business:PrivateLimitedCompanyLtd2023-01-012023-12-31 049444632022-12-31 049444632023-01-012023-12-31 04944463business:AuditExemptWithAccountantsReport2023-01-012023-12-31 04944463business:FilletedAccounts2023-01-012023-12-31 049444632023-12-31 04944463business:Director12023-01-012023-12-31 04944463business:Director22023-01-012023-12-31 04944463business:RegisteredOffice2023-01-012023-12-31 049444632022-12-31 04944463core:WithinOneYear2023-12-31 04944463core:WithinOneYear2022-12-31 04944463core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 04944463core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 04944463core:SharePremiumcore:PreviouslyStatedAmount2023-12-31 04944463core:SharePremiumcore:PreviouslyStatedAmount2022-12-31 04944463core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 04944463core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 04944463core:PreviouslyStatedAmount2023-12-31 04944463core:PreviouslyStatedAmount2022-12-31 04944463business:SmallEntities2023-01-012023-12-31 04944463countries:EnglandWales2023-01-012023-12-31 04944463core:LandBuildings2023-01-012023-12-31 04944463core:PlantMachinery2023-01-012023-12-31 04944463core:MotorVehicles2023-01-012023-12-31 04944463core:LandBuildings2022-12-31 04944463core:PlantMachinery2022-12-31 04944463core:MotorVehicles2022-12-31 04944463core:LandBuildings2023-12-31 04944463core:PlantMachinery2023-12-31 04944463core:MotorVehicles2023-12-31 04944463business:OrdinaryShareClass12023-01-012023-12-31 04944463business:OrdinaryShareClass12022-01-012022-12-31 04944463business:OrdinaryShareClass22023-01-012023-12-31 04944463business:OrdinaryShareClass22022-01-012022-12-31 04944463business:AllOrdinaryShares2023-01-012023-12-31 04944463business:AllOrdinaryShares2022-01-012022-12-31 049444632022-01-012022-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 04944463 (England and Wales)
Sky D.I.Y. Supercentre Limited Unaudited accounts for the year ended 31 December 2023
Sky D.I.Y. Supercentre Limited Unaudited accounts Contents
Page
- 2 -
Sky D.I.Y. Supercentre Limited Company Information for the year ended 31 December 2023
Directors
Mr S Ali Mr A Ali
Company Number
04944463 (England and Wales)
Registered Office
7A Battinson Road Halifax West Yorkshire HX1 5PR
Accountants
Greenfield Accountants Limited Preston House Preston Street Bradford West Yorkshire BD7 1JE
- 3 -
Sky D.I.Y. Supercentre Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
117,181 
118,723 
Current assets
Inventories
340,850 
325,750 
Cash at bank and in hand
61,741 
113,706 
402,591 
439,456 
Creditors: amounts falling due within one year
(280,101)
(369,011)
Net current assets
122,490 
70,445 
Total assets less current liabilities
239,671 
189,168 
Provisions for liabilities
Deferred tax
(7,418)
(7,418)
Net assets
232,253 
181,750 
Capital and reserves
Called up share capital
6 
6 
Share premium
19,998 
19,998 
Profit and loss account
212,249 
161,746 
Shareholders' funds
232,253 
181,750 
For the year ending 31 December 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 5 February 2024 and were signed on its behalf by
Mr S Ali Director Company Registration No. 04944463
- 4 -
Sky D.I.Y. Supercentre Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Sky D.I.Y. Supercentre Limited is a private company, limited by shares, registered in England and Wales, registration number 04944463. The registered office is 7A Battinson Road, Halifax, West Yorkshire, HX1 5PR.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
Not provided
Plant & machinery
25% reducing balance method
Motor vehicles
25% reducing balance method
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
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 (or less) 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.
- 5 -
Sky D.I.Y. Supercentre Limited Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2023
79,679 
18,312 
117,550 
215,541 
Additions
- 
- 
13,000 
13,000 
Disposals
- 
(6,023)
(28,650)
(34,673)
At 31 December 2023
79,679 
12,289 
101,900 
193,868 
Depreciation
At 1 January 2023
- 
14,712 
82,106 
96,818 
Charge for the year
- 
850 
11,650 
12,500 
On disposals
- 
(5,822)
(26,809)
(32,631)
At 31 December 2023
- 
9,740 
66,947 
76,687 
Net book value
At 31 December 2023
79,679 
2,549 
34,953 
117,181 
At 31 December 2022
79,679 
3,600 
35,444 
118,723 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
19,315 
11,449 
Trade creditors
209,226 
334,612 
Taxes and social security
34,416 
20,361 
Other creditors
317 
636 
Loans from directors
16,827 
1,953 
280,101 
369,011 
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4 
4 
2 A Ordinary shares of £1 each
2 
2 
6 
6 
7
Average number of employees
During the year the average number of employees was 12 (2022: 14).
- 6 -