Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-31false2023-10-01falseNo description of principal activity22trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12190049 2023-10-01 2025-03-31 12190049 2022-10-01 2023-09-30 12190049 2025-03-31 12190049 2023-09-30 12190049 c:Director1 2023-10-01 2025-03-31 12190049 d:MotorVehicles 2023-10-01 2025-03-31 12190049 d:MotorVehicles 2025-03-31 12190049 d:MotorVehicles 2023-09-30 12190049 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-10-01 2025-03-31 12190049 d:OfficeEquipment 2023-10-01 2025-03-31 12190049 d:OfficeEquipment 2025-03-31 12190049 d:OfficeEquipment 2023-09-30 12190049 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-10-01 2025-03-31 12190049 d:ComputerEquipment 2023-10-01 2025-03-31 12190049 d:ComputerEquipment 2025-03-31 12190049 d:ComputerEquipment 2023-09-30 12190049 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-10-01 2025-03-31 12190049 d:OwnedOrFreeholdAssets 2023-10-01 2025-03-31 12190049 d:CurrentFinancialInstruments 2025-03-31 12190049 d:CurrentFinancialInstruments 2023-09-30 12190049 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 12190049 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 12190049 d:ShareCapital 2025-03-31 12190049 d:ShareCapital 2023-09-30 12190049 d:RetainedEarningsAccumulatedLosses 2025-03-31 12190049 d:RetainedEarningsAccumulatedLosses 2023-09-30 12190049 d:AcceleratedTaxDepreciationDeferredTax 2025-03-31 12190049 d:AcceleratedTaxDepreciationDeferredTax 2023-09-30 12190049 c:OrdinaryShareClass1 2023-10-01 2025-03-31 12190049 c:OrdinaryShareClass1 2025-03-31 12190049 c:OrdinaryShareClass1 2023-09-30 12190049 c:OrdinaryShareClass2 2023-10-01 2025-03-31 12190049 c:OrdinaryShareClass2 2025-03-31 12190049 c:OrdinaryShareClass2 2023-09-30 12190049 c:FRS102 2023-10-01 2025-03-31 12190049 c:AuditExempt-NoAccountantsReport 2023-10-01 2025-03-31 12190049 c:FullAccounts 2023-10-01 2025-03-31 12190049 c:PrivateLimitedCompanyLtd 2023-10-01 2025-03-31 12190049 2 2023-10-01 2025-03-31 12190049 e:PoundSterling 2023-10-01 2025-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 12190049














S&KG LTD
UNAUDITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

 
S&KG LTD
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 7


 
S&KG LTD
REGISTERED NUMBER:12190049

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2025

31 March
30 September
2025
2023
Note
£
£

Fixed assets
  

Tangible assets
  
-
114,139

Current assets
  

Debtors: amounts falling due within one year
 5 
5,458
1,583

Cash at bank and in hand
  
1,462
52,872

  
6,920
54,455

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(4,631)
(47,602)

Net current assets
  
 
 
2,289
 
 
6,853

Total assets less current liabilities
  
2,289
120,992

Provisions for liabilities
  

Deferred tax
 7 
1
(10,251)

Net assets
  
 
 
2,290
 
 
110,741


Capital and reserves
  

Called up share capital 
 8 
2
2

Profit and loss account
  
2,288
110,739

  
2,290
110,741


The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the Period in question in accordance with section 476 of the Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 20 June 2025.



Page 1

 
S&KG LTD
REGISTERED NUMBER:12190049
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2025


A Golshani
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
S&KG LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

1.


General information

S&KG Limited is a limited liability company registered in England and Wales. Its registered office address is at 2nd Floor Connaught House, 1-3 Mount Street, London, W1K 3NB.
The principal activity of the Company during the period was the provision of information technology consultancy.
The Company ceased trading on 30 September 2024.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The Company ceased trading on 30 September 2024 and is therefore no longer considered a going concern. Accordingly, the financial statements have been prepared on a break-up basis. This basis of preparation reflects the directors’ intention to realise assets and settle liabilities in the normal course of winding up the Company’s affairs. As a result, assets have been stated at their recoverable amounts and liabilities at the amounts expected to be settled

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
S&KG LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.4

Turnover

Turnover comprises revenue recognised by the Company in respect of services supplied in the year exclusive of trade discounts and excluding value added tax. 
 
Revenue is recognised over the period that the service is provided.

 
2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.6

Current and deferred taxation

The tax expense for the Period comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
S&KG LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

2.Accounting policies (continued)


2.7
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
reducing balance
Office equipment
-
20%
straight line method
Computer equipment
-
33%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.9

Financial instruments


The Company only enters into transactions that result in basic financial instruments such as trade and other debtors, trade and other creditors, cash at bank and in hand, loans to related parties.
Trade debtors, other debtors and loans to related parties are recognised initially at the transaction price less attributable transaction costs. Trade creditors, other creditors and loans from related parties are recognised initially at transaction price plus attributable transaction costs. Subsequently they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade and other debtors, and loans to related parties.
Interest bearing borrowings, such bank loans, classified as basic financial instruments are recognised initially at the present value of future payments discounted at a market rate of interest. Thereafter they are stated at amortised cost using the effective interest method.
Cash and cash equivalents comprise cash balances and call deposits.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 5

 
S&KG LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

3.


Employees

The average monthly number of employees, including directors, during the Period was 2 (2023 - 2).


4.


Tangible fixed assets







Motor vehicles
Office equipment
Computer equipment
Total

£
£
£
£





At 1 October 2023
57,300
60,184
4,294
121,778


Additions
-
-
1,915
1,915


Disposals
(57,300)
(60,184)
(6,209)
(123,693)



At 31 March 2025

-
-
-
-



Depreciation


At 1 October 2023
7,163
-
476
7,639


Charge for the Period on owned assets
9,401
-
2,602
12,003


Disposals
(16,563)
-
(3,078)
(19,641)



At 31 March 2025

1
-
-
1



Net book value



At 31 March 2025
(1)
-
-
(1)



At 30 September 2023
50,137
60,184
3,818
114,139


5.


Debtors

31 March
30 September
2025
2023
£
£


Other debtors
5,458
-

Prepayments and accrued income
-
1,583

5,458
1,583


Page 6

 
S&KG LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

6.


Creditors: Amounts falling due within one year

31 March
30 September
2025
2023
£
£

Trade creditors
616
115

Other taxation and social security
-
6,275

Other creditors
2
37,922

Accruals and deferred income
4,013
3,290

4,631
47,602



7.


Deferred taxation






2025


£






At beginning of year
(10,252)


Charged to profit or loss
10,252



At end of year
-

The deferred taxation balance is made up as follows:

31 March
30 September
2025
2023
£
£


Accelerated capital allowances
-
(10,251)


8.


Share capital

31 March
30 September
2025
2023
£
£
Allotted, called up and fully paid



1 (2023 - 1) Ordinary A share of £1.00
1
1
1 (2023 - 1) Ordinary B share of £1.00
1
1

2

2


 
Page 7