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REGISTERED NUMBER: 08834435 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 January 2025

for

Skwile Ltd.

Skwile Ltd. (Registered number: 08834435)






Contents of the Financial Statements
for the year ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Skwile Ltd.

Company Information
for the year ended 31 January 2025







DIRECTORS: Mr M Fukuhara
Mr F Nakashima
Mr R Clare





REGISTERED OFFICE: 1 Charterhouse Mews
London
EC1M 6BB





REGISTERED NUMBER: 08834435 (England and Wales)





ACCOUNTANTS: ansteybond
1-2 Charterhouse Mews
London
EC1M 6BB

Skwile Ltd. (Registered number: 08834435)

Balance Sheet
31 January 2025

2025 2024
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 - 901
- 901

CURRENT ASSETS
Debtors 6 115,626 110,086
Cash at bank 71,465 32,645
187,091 142,731
CREDITORS
Amounts falling due within one year 7 (198,424 ) (137,230 )
NET CURRENT (LIABILITIES)/ASSETS (11,333 ) 5,501
TOTAL ASSETS LESS CURRENT
LIABILITIES

(11,333

)

6,402

CREDITORS
Amounts falling due after more than one year 8 (437,744 ) (381,580 )
NET LIABILITIES (449,077 ) (375,178 )

CAPITAL AND RESERVES
Called up share capital 1,379,100 1,344,100
Share premium 1,147,694 1,077,694
Retained earnings (2,975,871 ) (2,796,972 )
SHAREHOLDERS' FUNDS (449,077 ) (375,178 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

Skwile Ltd. (Registered number: 08834435)

Balance Sheet - continued
31 January 2025


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 9 June 2025 and were signed on its behalf by:





Mr M Fukuhara - Director


Skwile Ltd. (Registered number: 08834435)

Notes to the Financial Statements
for the year ended 31 January 2025

1. STATUTORY INFORMATION

Skwile 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.

The accounts have been prepared on the going concern basis as the directors have indicated their belief that the company will continue to trade for the foreseeable future and that future investment can be secured should it be required.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible fixed assets
This asset is to be amortised using the following rate:

Computer Software - 33% on cost

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

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


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, except those that have been capitalised.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

Skwile Ltd. (Registered number: 08834435)

Notes to the Financial Statements - continued
for the year ended 31 January 2025

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 February 2024
and 31 January 2025 853,735
AMORTISATION
At 1 February 2024
and 31 January 2025 853,735
NET BOOK VALUE
At 31 January 2025 -
At 31 January 2024 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2024
and 31 January 2025 4,217
DEPRECIATION
At 1 February 2024 3,316
Charge for year 901
At 31 January 2025 4,217
NET BOOK VALUE
At 31 January 2025 -
At 31 January 2024 901

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 115,626 110,086

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other creditors 198,424 137,230

Skwile Ltd. (Registered number: 08834435)

Notes to the Financial Statements - continued
for the year ended 31 January 2025

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Other creditors 437,744 381,580

9. RELATED PARTY DISCLOSURES

At the balance sheet date, contained within other creditors was a balance of £334,197 (2024: £273,905) owed to Mr M Fukuhara, a director of the company.

10. ULTIMATE CONTROLLING PARTY

Mr M Fukuhara is the ultimate controlling party by virtue of his shareholding in the Company.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Skwile Ltd.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Skwile Ltd. for the year ended 31 January 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Skwile Ltd., as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Skwile Ltd. and state those matters that we have agreed to state to the Board of Directors of Skwile Ltd., as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Skwile Ltd. and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Skwile Ltd. has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Skwile Ltd.. You consider that Skwile Ltd. is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Skwile Ltd.. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






ansteybond
1-2 Charterhouse Mews
London
EC1M 6BB


9 June 2025