Company Registration No. 11767694 (England and Wales)
Skymatics Ltd.
Unaudited accounts
for the year ended 31 March 2025
Skymatics Ltd.
Unaudited accounts
Contents
Skymatics Ltd.
Company Information
for the year ended 31 March 2025
Directors
Mark Jordan
Daniel Jordan
Company Number
11767694 (England and Wales)
Registered Office
2 King Mark House
Stret Constantine
Newquay
TR7 1GF
United Kingdom
Accountants
Chynance Accountancy Services Ltd
2 King Mark House
Stret Constantine
Newquay
Cornwall
TR7 1GF
Skymatics Ltd.
Statement of financial position
as at 31 March 2025
Tangible assets
327,341
184,970
Cash at bank and in hand
572,447
368,708
Creditors: amounts falling due within one year
(208,796)
(168,545)
Net current assets
572,721
351,873
Net assets
900,062
536,843
Called up share capital
2
2
Profit and loss account
900,060
536,841
Shareholders' funds
900,062
536,843
For the year ending 31 March 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 2 June 2025 and were signed on its behalf by
Daniel Jordan
Director
Company Registration No. 11767694
Skymatics Ltd.
Notes to the Accounts
for the year ended 31 March 2025
Skymatics Ltd. is a private company, limited by shares, registered in England and Wales, registration number 11767694. The registered office is 2 King Mark House, Stret Constantine, Newquay, TR7 1GF, United Kingdom.
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.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
292,190
-
1,291
293,481
Additions
238,520
23,998
6,593
269,111
Disposals
(41,782)
-
-
(41,782)
At 31 March 2025
488,928
23,998
7,884
520,810
At 1 April 2024
108,189
-
322
108,511
Charge for the year
101,223
6,000
1,890
109,113
On disposals
(24,155)
-
-
(24,155)
At 31 March 2025
185,257
6,000
2,212
193,469
At 31 March 2025
303,671
17,998
5,672
327,341
At 31 March 2024
184,001
-
969
184,970
Skymatics Ltd.
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Trade debtors
191,892
140,376
Accrued income and prepayments
16,775
11,334
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
42,352
62,697
Taxes and social security
90,304
47,905
Loans from directors
-
147
7
Transactions with related parties
During the year the Company was charged the following amounts by related companies held under common control:
D J Civils Ltd
Management charges £3,000 (2024: £21,000)
Motor leasing/expenses £ 5,698 (2024: £7,216)
Zenith Surveys Ltd
Management Charges. £3,000 (2024: £21,000)
Motor leasing/expenses. £ 4,876 (2024: £5,793)
Insurance recharges £ 1,450
The Company is controlled by 2 parent Companies who each owns the following shares, and are registered in England.
Zenith Surveys Limited (co number 06593643) 1 Ordinary A share
D J Civils & Surveys Limited (co number 08827713) 1 Ordinary B share
Dividends paid out during the year were as follows:
Zenith Surveys Limited £ 25,000 (2024: £ nil)
D J Civils and Surveys Limited £ 25,000 (2024: £ nil).
9
Average number of employees
During the year the average number of employees was 6 (2024: 6).