Company Registration No. SC686525 (Scotland)
Skinners Construction Limited
Unaudited accounts
for the year ended 31 January 2024
Skinners Construction Limited
Unaudited accounts
Contents
Skinners Construction Limited
Company Information
for the year ended 31 January 2024
Company Number
SC686525 (Scotland)
Registered Office
10 JARVIE ROAD
REDDING
FALKIRK
FK2 9FD
SCOTLAND
Accountants
Braes Accountancy Limited
Ironworks Business Centre
Castlelaurie Industrial Estate
Falkirk
Stirlingshire
FK2 7XE
Skinners Construction Limited
Statement of financial position
as at 31 January 2024
Tangible assets
62,738
38,369
Cash at bank and in hand
196,100
134,558
Creditors: amounts falling due within one year
(62,774)
(5,759)
Net current assets
219,094
151,576
Net assets
281,832
189,945
Called up share capital
100
100
Profit and loss account
281,732
189,845
Shareholders' funds
281,832
189,945
For the year ending 31 January 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 5 June 2024 and were signed on its behalf by
Derek Skinner
Director
Company Registration No. SC686525
Skinners Construction Limited
Notes to the Accounts
for the year ended 31 January 2024
Skinners Construction Limited is a private company, limited by shares, registered in Scotland, registration number SC686525. The registered office is 10 JARVIE ROAD, REDDING, FALKIRK, FK2 9FD, SCOTLAND.
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 year, 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:
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2023
16,216
44,500
60,716
Additions
5,053
35,000
40,053
At 31 January 2024
21,269
79,500
100,769
At 1 February 2023
4,547
17,800
22,347
Charge for the year
3,344
12,340
15,684
At 31 January 2024
7,891
30,140
38,031
At 31 January 2024
13,378
49,360
62,738
At 31 January 2023
11,669
26,700
38,369
Skinners Construction Limited
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Trade debtors
43,493
21,481
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
39,144
-
Taxes and social security
14,959
(18,403)
Loans from directors
-
12,574
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).