Registered number
13502642
Skuggi U.K. Ltd
Filleted Accounts
30 June 2024
Skuggi U.K. Ltd
Registered number: 13502642
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £ £ £
Fixed assets
Investments 3 1,380,247 506,462
Current assets
Cash at bank and in hand 1,661 161
Creditors: amounts falling due within one year 5 (1,315,333) (521,356)
Net current liabilities (1,313,672) (521,195)
Net assets/(liabilities) 66,575 (14,733)
Capital and reserves
Share premium 100 100
Profit and loss account 66,475 (14,833)
Shareholder's funds 66,575 (14,733)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
R J Miller-White
Director
Approved by the board on 19 March 2025
Skuggi U.K. Ltd
Notes to the Accounts
for the year ended 30 June 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Investments
Other
investments
£
Cost
At 1 July 2023 506,462
Additions 770,000
Revaluation 103,785
At 30 June 2024 1,380,247
4 Investments held as current assets 2024 2023
£ £
Fair value
Increase/(decrease) in fair value included in the profit and loss account for the financial year
Listed investments 94,130 24,254
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 720 1,200
Taxation and social security costs 21,417 -
Other creditors 1,293,196 520,156
1,315,333 521,356
6 Other information
Skuggi U.K. Ltd is a private company limited by shares and incorporated in England. Its registered office is:
24 Spenser Road
Harpenden
Hertfordshire
AL5 5NN
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