1 January 2024 false No description of principal activity Taxfiler 2024.5 SC681183business:PrivateLimitedCompanyLtd2024-01-012024-06-30 SC6811832023-12-31 SC6811832024-01-012024-06-30 SC681183business:AuditExemptWithAccountantsReport2024-01-012024-06-30 SC681183business:FilletedAccounts2024-01-012024-06-30 SC6811832024-06-30 SC681183business:Director12024-01-012024-06-30 SC681183business:RegisteredOffice2024-01-012024-06-30 SC6811832023-12-31 SC681183core:WithinOneYear2024-06-30 SC681183core:WithinOneYear2023-12-31 SC681183core:ShareCapitalcore:PreviouslyStatedAmount2024-06-30 SC681183core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 SC681183core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-06-30 SC681183core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 SC681183core:PreviouslyStatedAmount2024-06-30 SC681183core:PreviouslyStatedAmount2023-12-31 SC681183business:SmallEntities2024-01-012024-06-30 SC681183countries:Scotland2024-01-012024-06-30 SC681183core:FurnitureFittings2024-01-012024-06-30 SC681183core:FurnitureFittings2023-12-31 SC681183core:FurnitureFittings2024-06-30 SC6811832023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. SC681183 (Scotland)
The Skills Collective Ltd Unaudited accounts for the period from 1 January 2024 to 30 June 2024
The Skills Collective Ltd Unaudited accounts Contents
Page
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The Skills Collective Ltd Company Information for the period from 1 January 2024 to 30 June 2024
Director
Karen Nichol
Company Number
SC681183 (Scotland)
Registered Office
Top Flat 15 Marshall Place Perth PH2 8AG
Accountants
Fraser + Accountants 3 Barossa Place Perth Perthshire PH1 5HG
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The Skills Collective Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
522 
740 
Current assets
Debtors
- 
5,934 
Cash at bank and in hand
9,473 
35,075 
9,473 
41,009 
Creditors: amounts falling due within one year
(6,995)
(27,911)
Net current assets
2,478 
13,098 
Net assets
3,000 
13,838 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
2,998 
13,836 
Shareholders' funds
3,000 
13,838 
For the period ending 30 June 2024 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 her 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 5 August 2024 and were signed on its behalf by
Karen Nichol Director Company Registration No. SC681183
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The Skills Collective Ltd Notes to the Accounts for the period from 1 January 2024 to 30 June 2024
1
Statutory information
The Skills Collective Ltd is a private company, limited by shares, registered in Scotland, registration number SC681183. The registered office is Top Flat, 15 Marshall Place , Perth , PH2 8AG.
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 period, 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:
Fixtures & fittings
25% straight-line
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 January 2024
1,744 
At 30 June 2024
1,744 
Depreciation
At 1 January 2024
1,004 
Charge for the period
218 
At 30 June 2024
1,222 
Net book value
At 30 June 2024
522 
At 31 December 2023
740 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
5,934 
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The Skills Collective Ltd Notes to the Accounts for the period from 1 January 2024 to 30 June 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
1,187 
7,313 
Trade creditors
- 
138 
Taxes and social security
1,418 
19,960 
Loans from directors
3,890 
- 
Accruals
500 
500 
6,995 
27,911 
7
Average number of employees
During the period the average number of employees was 2 (2023: 2).
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