Registered number
11912537
Skulls & Souls Ltd
Filleted Accounts
31 March 2025
Skulls & Souls Ltd
Registered number: 11912537
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 1,537 1,921
Current assets
Cash at bank and in hand 66,150 53,534
Creditors: amounts falling due within one year 4 (4,698) (2,373)
Net current assets 61,452 51,161
Net assets 62,989 53,082
Capital and reserves
Called up share capital 200 200
Profit and loss account 62,789 52,882
Shareholders' funds 62,989 53,082
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Sharon Manning
Director
Approved by the board on 22 May 2025
Skulls & Souls Ltd
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024 4,107
At 31 March 2025 4,107
Depreciation
At 1 April 2024 2,186
Charge for the year 384
At 31 March 2025 2,570
Net book value
At 31 March 2025 1,537
At 31 March 2024 1,921
4 Creditors: amounts falling due within one year 2025 2024
£ £
Taxation and social security costs 3,762 1,779
Other creditors 936 594
4,698 2,373
5 Other information
Skulls & Souls Ltd is a private company limited by shares and incorporated in England. Its registered office is:
128 City Road
London
UK
EC1V 2NX
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