Company Registration No. 08197468 (England and Wales)
Skarr Limited
Unaudited accounts
for the year ended 31 August 2024
Skarr Limited
Unaudited accounts
Contents
Skarr Limited
Company Information
for the year ended 31 August 2024
Company Number
08197468 (England and Wales)
Registered Office
55-57 Christchurch Road
Prenton
Wirral
Merseyside
CH43 5SF
England
Accountants
Invictus Accountancy Services Limited
1 Stable Court Business Centre
Water Lane Farm Tarbock Green
Liverpool
Merseyside
L35 1RD
Skarr Limited
Statement of financial position
as at 31 August 2024
Cash at bank and in hand
2,301
2,322
Creditors: amounts falling due within one year
(38,508)
(48,947)
Net current assets
36,075
30,220
Total assets less current liabilities
36,075
30,220
Creditors: amounts falling due after more than one year
(17,500)
(18,563)
Called up share capital
1
1
Profit and loss account
18,574
11,656
Shareholders' funds
18,575
11,657
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 May 2025 and were signed on its behalf by
Mrs R Jethi
Director
Company Registration No. 08197468
Skarr Limited
Notes to the Accounts
for the year ended 31 August 2024
Skarr Limited is a private company, limited by shares, registered in England and Wales, registration number 08197468. The registered office is 55-57 Christchurch Road, Prenton, Wirral, Merseyside, CH43 5SF, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Stocks and work-in-progress 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 expenditure and an appropriate proportion of fixed and variable overheads.
The accounts are presented in £ sterling.
Amounts falling due within one year
Accrued income and prepayments
7,982
8,101
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
8,900
10,648
Trade creditors
8,200
7,634
Taxes and social security
4,723
7,587
Loans from directors
21
21,127
6
Creditors: amounts falling due after more than one year
2024
2023
Skarr Limited
Notes to the Accounts
for the year ended 31 August 2024
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).