SKELTON LIMITED

Company Registration Number:
04124389 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

SKELTON LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

SKELTON LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 6,275,677 4,640,763
Total fixed assets: 6,275,677 4,640,763
Current assets
Stocks: 4,928 0
Debtors:   3,445,723 3,115,272
Cash at bank and in hand: 400,081 682,579
Total current assets: 3,850,732 3,797,851
Creditors: amounts falling due within one year:   (1,720,847) (867,593)
Net current assets (liabilities): 2,129,885 2,930,258
Total assets less current liabilities: 8,405,562 7,571,021
Creditors: amounts falling due after more than one year:   (824,791) (372,085)
Provision for liabilities: (1,150,318) (812,554)
Total net assets (liabilities): 6,430,453 6,386,382
Capital and reserves
Called up share capital: 100 100
Revaluation reserve:4943,630943,630
Profit and loss account: 5,486,723 5,442,652
Shareholders funds: 6,430,453 6,386,382

The notes form part of these financial statements

SKELTON LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 10 April 2024
and signed on behalf of the board by:

Name: Rhonda Langton
Status: Director

The notes form part of these financial statements

SKELTON LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SKELTON LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 27 27

SKELTON LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 7,186,504
Additions 2,323,700
Disposals (295,474)
At 31 December 2023 9,214,730
Depreciation
At 01 January 2023 2,545,741
Charge for year 486,524
On disposals (93,212)
At 31 December 2023 2,939,053
Net book value
At 31 December 2023 6,275,677
At 31 December 2022 4,640,763

SKELTON LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Revaluation reserve

2023
£
Balance at 01 January 2023 943,630
Surplus or deficit after revaluation 0
Balance at 31 December 2023 943,630

SKELTON LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Loans to directors

Name of director receiving advance or credit: Directors Loan
Description of the loan: Interest free advance
£
Balance at 01 January 2023 434,012
Advances or credits repaid: 188,426
Balance at 31 December 2023 245,586