SK HOMES TRADING LTD

	Page
Company Information	1
Director's Report	2
Accountants' Report	3
Profit and Loss Account	4
Balance Sheet	5—6
Notes to the Financial Statements	7—8

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Company No. 15422564

Director's Report For the Period 17 January 2024 to 31 January 2025

Director's Report

The director presents his report and the financial statements for the period ended 31 January 2025.

Directors

The director who held office during the period were as follows:

Mr Shafi Ullah Khan

Appointed

17/01/2024

Statement of Director's Responsibilities

The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the director is required to:

select suitable accounting policies and then apply them consistently;
make judgments and accounting estimates that are reasonable and prudent;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Small Company Rules

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

On behalf of the board

Mr Shafi Ullah Khan

Director

28/03/2025

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SK HOMES TRADING LTD

Accountants' Report

For the Period 17 January 2024 to 31 January 2025

Accountants' Report

Report to the director on the preparation of the unaudited statutory accounts of SK HOMES TRADING LTD for the period 17 January 2024 to 31 January 2025

To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of SK HOMES TRADING LTD which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the director of SK HOMES TRADING LTD , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of SK HOMES TRADING LTD and state those matters that we have agreed to state to the director of SK HOMES TRADING LTD , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SK HOMES TRADING LTD and its director as a body for our work or for this report.

It is your duty to ensure that SK HOMES TRADING LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of SK HOMES TRADING LTD . You consider that SK HOMES TRADING LTD is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the accounts of SK HOMES TRADING LTD . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

Signed

AQ Accountants Limited

21/03/2025

South

133 West Hendon Broadway

London

NW9 7DY

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SK HOMES TRADING LTD

Profit and Loss Account

For the Period 17 January 2024 to 31 January 2025

Profit and Loss Account

		31 January 2025
	Notes	£
TURNOVER		4,200
Cost of sales		(690 )

GROSS PROFIT		3,510

Administrative expenses		(3,564 )

OPERATING LOSS AND LOSS FOR THE FINANCIAL PERIOD		(54 )

The notes on pages 7 to 8 form part of these financial statements.

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SK HOMES TRADING LTD

Balance Sheet

As At 31 January 2025

Balance Sheet

		31 January 2025
	Notes	£	£
FIXED ASSETS
Tangible Assets	4		109,921

			109,921
CURRENT ASSETS
Cash at bank and in hand		1,240

		1,240
Creditors: Amounts Falling Due Within One Year	5	(111,214 )

NET CURRENT ASSETS (LIABILITIES)			(109,974 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(53 )

NET LIABILITIES			(53 )

CAPITAL AND RESERVES
Called up share capital	6		1
Profit and Loss Account			(54 )

SHAREHOLDERS' FUNDS			(53)

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SK HOMES TRADING LTD

Balance Sheet (continued)

As At 31 January 2025

For the period ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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 in accordance with the provisions applicable to companies subject to the small companies regime.

On behalf of the board

Mr Shafi Ullah Khan

Director

28/03/2025

The notes on pages 7 to 8 form part of these financial statements.

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SK HOMES TRADING LTD

Notes to the Financial Statements

For the Period 17 January 2024 to 31 January 2025

Notes to the Financial Statements

1. General Information

SK HOMES TRADING LTD is a private company, limited by shares, incorporated in England & Wales, registered number 15422564 . The registered office is 32 Louis Avenue, Bradford, BD5 0NN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold

3. Average Number of Employees

Average number of employees, including directors, during the period was: NIL

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SK HOMES TRADING LTD

Notes to the Financial Statements (continued)

For the Period 17 January 2024 to 31 January 2025

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost
As at 17 January 2024	-
Additions	109,921

As at 31 January 2025	109,921

Net Book Value
As at 31 January 2025	109,921

As at 17 January 2024	-

5. Creditors: Amounts Falling Due Within One Year

	31 January 2025
	£
Other loans	110,000
Other creditors	1,214

	111,214

6. Share Capital

	31 January 2025
	£
Allotted, Called up and fully paid	1

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Director	Mr Shafi Ullah Khan

Company Number	15422564

Registered Office	32 Louis Avenue
	Bradford
	BD5 0NN

Accountants	South
	133 West Hendon Broadway
	London
	NW9 7DY