| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD 12 JULY 2023 TO 31 JULY 2024 |
| FOR |
| SKYLINE DEVELOPMENTS (SOUTH) LIMITED |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD 12 JULY 2023 TO 31 JULY 2024 |
| FOR |
| SKYLINE DEVELOPMENTS (SOUTH) LIMITED |
| SKYLINE DEVELOPMENTS (SOUTH) LIMITED (REGISTERED NUMBER: 14998882) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 12 JULY 2023 TO 31 JULY 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| SKYLINE DEVELOPMENTS (SOUTH) LIMITED |
| COMPANY INFORMATION |
| FOR THE PERIOD 12 JULY 2023 TO 31 JULY 2024 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Invicta Business Centre |
| Monument Way |
| Orbital Park |
| Ashford |
| Kent |
| TN24 0HB |
| SKYLINE DEVELOPMENTS (SOUTH) LIMITED (REGISTERED NUMBER: 14998882) |
| BALANCE SHEET |
| 31 JULY 2024 |
| Notes | £ |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) |
| ( |
) |
| The director acknowledges his 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. |
| The financial statements were approved by the director and authorised for issue on |
| SKYLINE DEVELOPMENTS (SOUTH) LIMITED (REGISTERED NUMBER: 14998882) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 12 JULY 2023 TO 31 JULY 2024 |
| 1. | STATUTORY INFORMATION |
| Skyline Developments (South) Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | STATEMENT OF COMPLIANCE |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| 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. |
| Taxation |
| Taxation for the period 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. |
| 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 fact that liabilities exceed assets. The director has given an undertaking to support the company until it returns to a net asset position. It is considered appropriate to prepare the accounts on a going concern basis. |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Other debtors |
| SKYLINE DEVELOPMENTS (SOUTH) LIMITED (REGISTERED NUMBER: 14998882) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 12 JULY 2023 TO 31 JULY 2024 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |