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Company Registration No. 04944463 (England and Wales)
Sky D.I.Y. Supercentre Limited Unaudited accounts for the year ended 31 December 2024
Sky D.I.Y. Supercentre Limited Unaudited accounts Contents
Page
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Sky D.I.Y. Supercentre Limited Company Information for the year ended 31 December 2024
Directors
Mr S Ali Mr A Ali
Company Number
04944463 (England and Wales)
Registered Office
7A Battinson Road Halifax West Yorkshire HX1 5PR
Accountants
Greenfield Accountants Limited Preston House Preston Street Bradford West Yorkshire BD7 1JE
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Sky D.I.Y. Supercentre Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
111,518 
117,181 
Current assets
Inventories
390,200 
340,850 
Cash at bank and in hand
172,024 
61,741 
562,224 
402,591 
Creditors: amounts falling due within one year
(371,484)
(280,101)
Net current assets
190,740 
122,490 
Total assets less current liabilities
302,258 
239,671 
Provisions for liabilities
Deferred tax
(7,960)
(7,418)
Net assets
294,298 
232,253 
Capital and reserves
Called up share capital
6 
6 
Share premium
19,998 
19,998 
Profit and loss account
274,294 
212,249 
Shareholders' funds
294,298 
232,253 
For the year ending 31 December 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 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 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 of Directors and authorised for issue on 4 February 2025 and were signed on its behalf by
Mr S Ali Director Company Registration No. 04944463
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Sky D.I.Y. Supercentre Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Sky D.I.Y. Supercentre Limited is a private company, limited by shares, registered in England and Wales, registration number 04944463. The registered office is 7A Battinson Road, Halifax, West Yorkshire, HX1 5PR.
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 year, 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
Not provided
Plant & machinery
25% reducing balance method
Motor vehicles
25% reducing balance method
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Sky D.I.Y. Supercentre Limited Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
79,679 
12,289 
101,900 
193,868 
Additions
- 
- 
4,950 
4,950 
At 31 December 2024
79,679 
12,289 
106,850 
198,818 
Depreciation
At 1 January 2024
- 
9,740 
66,947 
76,687 
Charge for the year
- 
638 
9,975 
10,613 
At 31 December 2024
- 
10,378 
76,922 
87,300 
Net book value
At 31 December 2024
79,679 
1,911 
29,928 
111,518 
At 31 December 2023
79,679 
2,549 
34,953 
117,181 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
36,402 
19,315 
Trade creditors
299,674 
209,226 
Taxes and social security
31,042 
34,416 
Other creditors
354 
317 
Loans from directors
3,762 
16,827 
Accruals
250 
- 
371,484 
280,101 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4 
4 
2 A Ordinary shares of £1 each
2 
2 
6 
6 
7
Average number of employees
During the year the average number of employees was 12 (2023: 12).
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