SKOHF INVESTMENTS LTD

Company Registration Number:
11221683 (England and Wales)

Unaudited statutory accounts for the year ended 29 February 2024

Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

SKOHF INVESTMENTS LTD

Contents of the Financial Statements

for the Period Ended 29 February 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

SKOHF INVESTMENTS LTD

Company Information

for the Period Ended 29 February 2024




Director: Shakeerat Olamide Abudu
Olanrewaju Abdullateef Abudu
Registered office: 61
Albemarle Link
Springfield
Chelmsford
England
CM1 6AH
Company Registration Number: 11221683 (England and Wales)

SKOHF INVESTMENTS LTD

Directors' Report Period Ended 29 February 2024

The directors present their report with the financial statements of the company for the period ended 29 February 2024

Directors

The directors shown below have held office during the whole of the period from 01 March 2023 to 29 February 2024
Shakeerat Olamide Abudu
Olanrewaju Abdullateef Abudu

This report was approved by the board of directors on 29 November 2024
And Signed On Behalf Of The Board By:

Name: Shakeerat Olamide Abudu
Status: Director

SKOHF INVESTMENTS LTD

Profit and Loss Account

for the Period Ended 29 February 2024


Notes

2024
£

2023
£
Turnover 317,452 330,364
Cost of sales ( 190,300 ) ( 198,250 )
Gross Profit or (Loss) 127,152 132,114
Administrative Expenses ( 118,636 ) ( 120,010 )
Operating Profit or (Loss) 8,516 12,104
Profit or (Loss) Before Tax 8,516 12,104
Tax on Profit ( 1,618 ) ( 2,300 )
Profit or (Loss) for Period 6,898 9,804

The notes form part of these financial statements

SKOHF INVESTMENTS LTD

Balance sheet

As at 29 February 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 1,880,000 1,880,000
Total fixed assets: 1,880,000 1,880,000
Current assets
Cash at bank and in hand: 134,631 159,451
Total current assets: 134,631 159,451
Creditors: amounts falling due within one year: 5 ( 94,806 ) ( 119,598 )
Net current assets (liabilities): 39,825 39,853
Total assets less current liabilities: 1,919,825 1,919,853
Creditors: amounts falling due after more than one year: 6 ( 1,896,213 ) ( 1,903,139 )
Total net assets (liabilities): 23,612 16,714

The notes form part of these financial statements

SKOHF INVESTMENTS LTD

Balance sheet continued

As at 29 February 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 23,611 16,713
Shareholders funds: 23,612 16,714

For the year ending 29 February 2024 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.

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

This report was approved by the board of directors on 29 November 2024
And Signed On Behalf Of The Board By:

Name: Shakeerat Olamide Abudu
Status: Director

The notes form part of these financial statements

SKOHF INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

SKOHF INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

SKOHF INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 3. Off balance sheet disclosure

    No

SKOHF INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Tangible assets

Land & buildings Total
Cost £ £
At 01 March 2023 3,115,000 3,115,000
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 29 February 2024 3,115,000 3,115,000
Depreciation
At 01 March 2023 1,235,000 1,235,000
Charge for year - -
On disposals - -
Other adjustments - -
At 29 February 2024 1,235,000 1,235,000
Net book value
At 29 February 2024 1,880,000 1,880,000
At 28 February 2023 1,880,000 1,880,000

SKOHF INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

5.Creditors: amounts falling due within one year note


2024
£

2023
£
Taxation and social security 1,618 2,376
Other creditors 93,188 117,222
Total 94,806 119,598

SKOHF INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

6.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 1,896,213 1,903,139
Total 1,896,213 1,903,139