1 June 2023 false No description of principal activity Taxfiler 2024.5 10764921business:PrivateLimitedCompanyLtd2023-06-012024-05-31 107649212023-05-31 107649212023-06-012024-05-31 10764921business:AuditExempt-NoAccountantsReport2023-06-012024-05-31 10764921business:FilletedAccounts2023-06-012024-05-31 107649212024-05-31 10764921business:Director12023-06-012024-05-31 10764921business:RegisteredOffice2023-06-012024-05-31 107649212023-05-31 10764921core:WithinOneYear2024-05-31 10764921core:WithinOneYear2023-05-31 10764921core:AfterOneYear2024-05-31 10764921core:AfterOneYear2023-05-31 10764921core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 10764921core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 10764921core:PreviouslyStatedAmount2024-05-31 10764921core:PreviouslyStatedAmount2023-05-31 10764921business:SmallEntities2023-06-012024-05-31 10764921countries:EnglandWales2023-06-012024-05-31 10764921core:WithinOneYear2023-06-012024-05-31 10764921core:AfterOneYear2023-06-012024-05-31 1076492112023-06-012024-05-31 107649212022-06-012023-05-31 iso4217:GBP xbrli:pure
Company Registration No. 10764921 (England and Wales)
Skeptron Properties Inc Ltd Unaudited accounts for the year ended 31 May 2024
Skeptron Properties Inc Ltd Unaudited accounts Contents
Page
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Skeptron Properties Inc Ltd Company Information for the year ended 31 May 2024
Director
Clements Akinsoyinu
Company Number
10764921 (England and Wales)
Registered Office
42 ROSE WALK SITTINGBOURNE ME10 4EW ENGLAND
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Skeptron Properties Inc Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
334,000 
- 
Creditors: amounts falling due within one year
(300)
- 
Net current liabilities
(300)
- 
Total assets less current liabilities
333,700 
- 
Creditors: amounts falling due after more than one year
(403,066)
- 
Net liabilities
(69,366)
- 
Capital and reserves
Profit and loss account
(69,366)
- 
Shareholders' funds
(69,366)
- 
For the year ending 31 May 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 his 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 16 September 2024 and were signed on its behalf by
Clements Akinsoyinu Director Company Registration No. 10764921
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Skeptron Properties Inc Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Skeptron Properties Inc Ltd is a private company, limited by shares, registered in England and Wales, registration number 10764921. The registered office is 42 ROSE WALK, SITTINGBOURNE, ME10 4EW, ENGLAND.
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.
4
Investment property
2024 
£ 
Additions
334,000 
At 31 May 2024
334,000 
This is the cost of purchase at the date of initial acquisition. No further valuation has been conducted since acquisition
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
300 
- 
This represents the accountancy fee for the preparation of the account
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
250,765 
- 
Loans from directors
152,301 
- 
403,066 
- 
The amount of £403,066 is split between the mortgage advance (£250,765) and the Directors loan of £152,301.77.
7
Post balance sheet events
There was a repair contract post balance sheet date. The actual cost will be included in the 2024/25 account
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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