SKN PRIVATE LIMITED

SKN PRIVATE LIMITED
Contents Page
For the year ended 31 August 2024

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

SKN PRIVATE LIMITED Accountants' Report For the year ended 31 August 2024
Accountant’s report You consider that the company is exempt from an audit for the year ended 31 August 2024 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. 31 August 2024 .................................................... 24 May 2025 1

SKN PRIVATE LIMITED
Accountants' Report
For the year ended 31 August 2024

Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 August 2024 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

31 August 2024

....................................................

24 May 2025

1

SKN PRIVATE LIMITED
Statement of Financial Position
As at 31 August 2024

	Notes	2024 £	2023 £
Current assets
Stocks		29,130	27,455
Debtors		20,506	13,860
Cash at bank and in hand		21,353	19,373
		70,989	60,688
Creditors: amount falling due within one year		(16,696)	(11,013)
Net current assets		54,293	49,675

Total assets less current liabilities		54,293	49,675
Creditors: amount falling due after more than one year		(55,000)	(55,000)
Net assets		(707)	(5,325)

Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(807)	(5,425)
Shareholders' funds		(707)	(5,325)

For the year ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 24 May 2025 and were signed by:

-------------------------------
Sai Ramana Kumar MATTAPALLY
Director

2

SKN PRIVATE LIMITED
Notes to the Abridged Financial Statements
For the year ended 31 August 2024

General Information

SKN PRIVATE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14280942, registration address SHELL MARLBOROUGH SERVICE STATION, MARLBOROUGH ROAD SWINDON, SN3 1NP.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the net value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 3 (2023 : 2).

3.

Share Capital

Allotted, called up and fully paid	2024 £		2023 £
100 Class A shares of £1.00 each	100		100
	100		100

3

Registered Number: 14280942
England and Wales
SKN PRIVATE LIMITED

Abridged Accounts

Period of accounts Start date: 01 September 2023 End date: 31 August 2024