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REGISTERED NUMBER: 09575575 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

SKD REAL ESTATE INVESTMENT LIMITED

SKD REAL ESTATE INVESTMENT LIMITED (REGISTERED NUMBER: 09575575)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SKD REAL ESTATE INVESTMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: R R K Mediratta
S A Jiwaji





REGISTERED OFFICE: Cutlers House
Lumen Road
Royston
Hertfordshire
SG8 7AG





REGISTERED NUMBER: 09575575 (England and Wales)






SKD REAL ESTATE INVESTMENT LIMITED (REGISTERED NUMBER: 09575575)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 34,934 44,741
Cash at bank 1,877 9,849
36,811 54,590
CREDITORS
Amounts falling due within one year 5 41,850 54,328
NET CURRENT (LIABILITIES)/ASSETS (5,039 ) 262
TOTAL ASSETS LESS CURRENT
LIABILITIES

(5,039

)

262

CREDITORS
Amounts falling due after more than one
year

6

35,516

44,571
NET LIABILITIES (40,555 ) (44,309 )

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings (40,565 ) (44,319 )
SHAREHOLDERS' FUNDS (40,555 ) (44,309 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 28 April 2025 and were signed on its behalf by:





R R K Mediratta - Director


SKD REAL ESTATE INVESTMENT LIMITED (REGISTERED NUMBER: 09575575)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024


1. STATUTORY INFORMATION

SKD Real Estate Investment Limited 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 presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements and going concern
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.

Despite the balance sheet deficit, the accounts have been prepared on a going concern basis. The Directors are of the opinion that the Company will have sufficient funds to meet its liabilities as they fall due.

Revenue recognition
Revenue is recognised in the accounting period in which the services were rendered.

Revenue from interest on loans is recognised in the period in which loan is outstanding.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases, along with any associated incentives, are charged to the profit and loss account evenly over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 34,934 44,741

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 22,950 22,950
Other creditors 18,900 31,378
41,850 54,328

SKD REAL ESTATE INVESTMENT LIMITED (REGISTERED NUMBER: 09575575)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 35,516 44,571

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R R K Mediratta.