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REGISTERED NUMBER: 09907442 (England and Wales)















ABRIDGED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

SKERNE VALLEY DEVELOPMENTS LIMITED

SKERNE VALLEY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09907442)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


SKERNE VALLEY DEVELOPMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: Mr P T Atkinson
Mrs P L Atkinson





REGISTERED OFFICE: Spitfire House
19 Falcon Court
Preston Farm Industrial Estate
Stockton On Tees
Cleveland
TS18 3TU





REGISTERED NUMBER: 09907442 (England and Wales)





ACCOUNTANTS: Baines Jewitt Limited
Chartered Accountants
Spitfire House
19 Falcon Court
Preston Farm Ind. Est.
Stockton-on-Tees
TS18 3TU

SKERNE VALLEY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09907442)

ABRIDGED BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 2,138 2,850

CURRENT ASSETS
Stocks 10,206 256,239
Debtors 1,738 1,306
Cash at bank 34,576 40,172
46,520 297,717
CREDITORS
Amounts falling due within one year 34,161 268,087
NET CURRENT ASSETS 12,359 29,630
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,497

32,480

CREDITORS
Amounts falling due after more than one
year

(13,458

)

(22,958

)

PROVISIONS FOR LIABILITIES (73 ) (542 )
NET ASSETS 966 8,980

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (34 ) 7,980
SHAREHOLDERS' FUNDS 966 8,980

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

SKERNE VALLEY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09907442)

ABRIDGED BALANCE SHEET - continued
31 DECEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2024 and were signed on its behalf by:





Mrs P L Atkinson - Director


SKERNE VALLEY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09907442)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Skerne Valley Developments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are stated at the lower of cost and net realisable value. In respect of work in progress cost includes a relevant proportion of overheads according to the stage of completion, and is reduced to the extent that invoicing is in advance of work done.

Government grants
Government grants are recognised in income on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Totals
£
COST
At 1 January 2023
and 31 December 2023 3,420
DEPRECIATION
At 1 January 2023 570
Charge for year 712
At 31 December 2023 1,282
NET BOOK VALUE
At 31 December 2023 2,138
At 31 December 2022 2,850