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
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
SKP AND DAUGHTERS LTD.
Statement of financial position
as at 13 October 2023
Tangible assets
518,953
464,378
Cash at bank and in hand
79,723
6,852
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
Net assets
131,450
317,446
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
SKP AND DAUGHTERS LTD.
Notes to the Accounts
for the period from 1 February 2023 to 13 October 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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%.
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
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
At 13 October 2023
473,865
12,257
28,762
4,069
518,953
At 31 January 2023
442,963
-
21,415
-
464,378
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
Accrued income and prepayments
13,848
-
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
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
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).