IRIS Accounts Production v25.1.0.734 07673143 Board of Directors 1.9.23 31.8.24 31.8.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh076731432023-08-31076731432024-08-31076731432023-09-012024-08-31076731432022-08-31076731432022-09-012023-08-31076731432023-08-3107673143ns15:EnglandWales2023-09-012024-08-3107673143ns14:PoundSterling2023-09-012024-08-3107673143ns10:Director12023-09-012024-08-3107673143ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3107673143ns10:SmallEntities2023-09-012024-08-3107673143ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3107673143ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3107673143ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3107673143ns10:AbridgedAccounts2023-09-012024-08-3107673143ns10:Director22023-09-012024-08-3107673143ns10:Director32023-09-012024-08-3107673143ns10:CompanySecretary12023-09-012024-08-3107673143ns10:RegisteredOffice2023-09-012024-08-3107673143ns5:CurrentFinancialInstruments2024-08-3107673143ns5:CurrentFinancialInstruments2023-08-3107673143ns5:ShareCapital2024-08-3107673143ns5:ShareCapital2023-08-3107673143ns5:RetainedEarningsAccumulatedLosses2024-08-3107673143ns5:RetainedEarningsAccumulatedLosses2023-08-3107673143ns5:PlantMachinery2023-09-012024-08-31
REGISTERED NUMBER: 07673143 (England and Wales)










Unaudited Financial Statements

For The Year Ended 31 August 2024

for

Skyline Access Scaffolding Ltd

Skyline Access Scaffolding Ltd (Registered number: 07673143)






Contents of the Financial Statements
For The Year Ended 31 August 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Skyline Access Scaffolding Ltd

Company Information
For The Year Ended 31 August 2024







DIRECTORS: R P King
P J King
R W Alford





SECRETARY: P J King





REGISTERED OFFICE: Goodridge Court
Goodridge Avenue
Gloucester
GL2 5EN





REGISTERED NUMBER: 07673143 (England and Wales)





ACCOUNTANTS: Kingscott Dix Limited
Chartered Accountants
Goodridge Court
Goodridge Avenue
Gloucester
Gloucestershire
GL2 5EN

Skyline Access Scaffolding Ltd (Registered number: 07673143)

Abridged Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 6,485 8,896

CURRENT ASSETS
Stocks 3,000 3,000
Debtors 133,207 302,466
Cash at bank 6,194 11,321
142,401 316,787
CREDITORS
Amounts falling due within one year 239,559 198,569
NET CURRENT (LIABILITIES)/ASSETS (97,158 ) 118,218
TOTAL ASSETS LESS CURRENT
LIABILITIES

(90,673

)

127,114

PROVISIONS FOR LIABILITIES - 2,241
NET (LIABILITIES)/ASSETS (90,673 ) 124,873

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (90,773 ) 124,773
(90,673 ) 124,873

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

Skyline Access Scaffolding Ltd (Registered number: 07673143)

Abridged Balance Sheet - continued
31 August 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 August 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 22 April 2025 and were signed on its behalf by:





P J King - Director


Skyline Access Scaffolding Ltd (Registered number: 07673143)

Notes to the Financial Statements
For The Year Ended 31 August 2024

1. STATUTORY INFORMATION

Skyline Access Scaffolding 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.

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 recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost, 25% on reducing balance and 15% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Basic financial assets
Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest

Derecognition of financial assets
Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire, or when it transfers the financial asset and substantially all the risks and rewards of ownership to another entity.

Basic financial liabilities
Basic financial liabilities, including trade and other creditors are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest

Derecognition of financial liabilities
Financial liabilities are derecognised when, and only when, the company's obligations are discharged, cancelled, or they expire.


Skyline Access Scaffolding Ltd (Registered number: 07673143)

Notes to the Financial Statements - continued
For The Year Ended 31 August 2024

2. ACCOUNTING POLICIES - continued
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 are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The accounts have been prepared on a going concern basis despite the company having a deficit on shareholders funds of £90,673. The company is trading profitably in 2024/25 and has adequate cash flows to meet its obligations as they fall due.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 September 2023 58,827
Additions 199
At 31 August 2024 59,026
DEPRECIATION
At 1 September 2023 49,931
Charge for year 2,610
At 31 August 2024 52,541
NET BOOK VALUE
At 31 August 2024 6,485
At 31 August 2023 8,896

Skyline Access Scaffolding Ltd (Registered number: 07673143)

Notes to the Financial Statements - continued
For The Year Ended 31 August 2024

5. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At 31 August 2024, there was an amount owing from directors of £3,979 (2023: £3,979).