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REGISTERED NUMBER: 09654663 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

SKILLS YOU NEED LTD

SKILLS YOU NEED LTD (REGISTERED NUMBER: 09654663)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SKILLS YOU NEED LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: Mr M Scott
Dr P J Norris-Hill





REGISTERED OFFICE: Eden House
Two Rivers Business Park
Witney
Oxfordshire
OX28 4BL





BUSINESS ADDRESS: 3 Hill Close
Charlbury
Oxfordshire
OX7 3SY





REGISTERED NUMBER: 09654663 (England and Wales)





ACCOUNTANTS: Bronsens
Chartered Certified Accountants
Eden House
Two Rivers Business Park
Witney
Oxfordshire
OX28 4BL

SKILLS YOU NEED LTD (REGISTERED NUMBER: 09654663)

BALANCE SHEET
30 JUNE 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,674 4,726

CURRENT ASSETS
Debtors 5 403 782
Cash at bank 204,550 196,154
204,953 196,936
CREDITORS
Amounts falling due within one year 6 17,641 20,072
NET CURRENT ASSETS 187,312 176,864
TOTAL ASSETS LESS CURRENT
LIABILITIES

189,986

181,590

PROVISIONS FOR LIABILITIES 7 542 927
NET ASSETS 189,444 180,663

CAPITAL AND RESERVES
Called up share capital 8 10 10
Retained earnings 189,434 180,653
SHAREHOLDERS' FUNDS 189,444 180,663

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 March 2025 and were signed on its behalf by:




Mr M Scott - Director


SKILLS YOU NEED LTD (REGISTERED NUMBER: 09654663)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Skills You Need Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The nature of the company's operations and principal activity is that of producing & publishing ebooks.The company's principal place of business is Charlbury, Oxfordshire. The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 July 2023 1,053 7,866 8,919
Additions - 1,045 1,045
Disposals - (891 ) (891 )
At 30 June 2024 1,053 8,020 9,073
DEPRECIATION
At 1 July 2023 461 3,732 4,193
Charge for year 148 2,646 2,794
Eliminated on disposal - (588 ) (588 )
At 30 June 2024 609 5,790 6,399
NET BOOK VALUE
At 30 June 2024 444 2,230 2,674
At 30 June 2023 592 4,134 4,726

SKILLS YOU NEED LTD (REGISTERED NUMBER: 09654663)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
VAT 103 207
Prepayments 300 575
403 782

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Tax 12,258 14,689
Directors' current accounts 3,884 3,884
Accrued expenses 1,499 1,499
17,641 20,072

7. PROVISIONS FOR LIABILITIES
30.6.24 30.6.23
£    £   
Deferred tax 542 927

Deferred
tax
£   
Balance at 1 July 2023 927
Provided during year (385 )
Balance at 30 June 2024 542

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
1,000 Ordinary A 1p 10 10