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Company Registration No. 11146677 (England and Wales)
SKP AND DAUGHTERS LTD. Unaudited accounts for the period from 1 February 2023 to 13 October 2023
SKP AND DAUGHTERS LTD. Unaudited accounts Contents
Page
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SKP AND DAUGHTERS LTD. Company Information for the period from 1 February 2023 to 13 October 2023
Director
Cynthia Uma Shanmugalingam
Secretary
Dr Shantha Ganesh Shanmugalingam
Company Number
11146677 (England and Wales)
Registered Office
SECOND HOME HANBURY STREET LONDON E1 5JL UNITED KINGDOM
Accountants
Viewpoint Partners Ltd Suite 3.06 1-3 Brixton Road London SW9 6DE
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SKP AND DAUGHTERS LTD. Statement of financial position as at 13 October 2023
13/10/2023 
31/01/2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
518,953 
464,378 
Current assets
Inventories
8,596 
- 
Debtors
96,550 
118,599 
Cash at bank and in hand
79,723 
6,852 
184,869 
125,451 
Creditors: amounts falling due within one year
(482,433)
(272,383)
Net current liabilities
(297,564)
(146,932)
Total assets less current liabilities
221,389 
317,446 
Creditors: amounts falling due after more than one year
(4,626)
- 
Provisions for liabilities
Deferred tax
(85,313)
- 
Net assets
131,450 
317,446 
Capital and reserves
Called up share capital
152 
123 
Share premium
574,939 
469,967 
Profit and loss account
(443,641)
(152,644)
Shareholders' funds
131,450 
317,446 
For the period ending 13 October 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 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 21 October 2020 and were signed on its behalf by
Cynthia Uma Shanmugalingam Director Company Registration No. 11146677
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SKP AND DAUGHTERS LTD. Notes to the Accounts for the period from 1 February 2023 to 13 October 2023
1
Statutory information
SKP AND DAUGHTERS LTD. is a private company, limited by shares, registered in England and Wales, registration number 11146677. The registered office is SECOND HOME, HANBURY STREET, LONDON, E1 5JL, UNITED KINGDOM.
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:
Land & buildings
are depreciated using the straight line method over 15 years..
Plant & machinery
is depreciated using the straight line method at 25%.
Fixtures & fittings
are depreciated using the straight line method at 20%.
Computer equipment
is depreciated using the straight line method at 25%.
Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 February 2023
442,963 
- 
22,000 
- 
464,963 
Additions
50,101 
14,138 
10,543 
4,698 
79,480 
At 13 October 2023
493,064 
14,138 
32,543 
4,698 
544,443 
Depreciation
At 1 February 2023
- 
- 
585 
- 
585 
Charge for the period
19,199 
1,881 
3,196 
629 
24,905 
At 13 October 2023
19,199 
1,881 
3,781 
629 
25,490 
Net book value
At 13 October 2023
473,865 
12,257 
28,762 
4,069 
518,953 
At 31 January 2023
442,963 
- 
21,415 
- 
464,378 
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SKP AND DAUGHTERS LTD. Notes to the Accounts for the period from 1 February 2023 to 13 October 2023
5
Debtors
13/10/2023 
31/01/2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
43,598 
Trade debtors
7,701 
- 
Accrued income and prepayments
13,848 
- 
Other debtors
- 
1 
21,549 
43,599 
Amounts falling due after more than one year
Other debtors
75,001 
75,000 
6
Creditors: amounts falling due within one year
13/10/2023 
31/01/2023 
£ 
£ 
VAT
71,616 
- 
Obligations under finance leases and hire purchase contracts
4,414 
- 
Trade creditors
61,578 
24,809 
Taxes and social security
102,444 
- 
Loans from directors
178,720 
247,574 
Accruals
63,661 
- 
482,433 
272,383 
7
Creditors: amounts falling due after more than one year
13/10/2023 
31/01/2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
4,626 
- 
8
Share capital
13/10/2023 
31/01/2023 
£ 
£ 
Allotted, called up and fully paid:
1,515,832 Ordinary shares of £0.0001 each
151.58 
122.63 
Shares issued during the period:
289,531 Ordinary shares of £0.0001 each
28.95 
9
Average number of employees
During the period the average number of employees was 0 (31/01/2023: 0).
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