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REGISTERED NUMBER: 12849279 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Skerdilaid Property Limited

Skerdilaid Property Limited (Registered number: 12849279)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Skerdilaid Property Limited

Company Information
for the Year Ended 30 September 2024







DIRECTOR: Mrs L Morina





REGISTERED OFFICE: 168a Bitterne Road West
Southampton
SO18 1BG





REGISTERED NUMBER: 12849279 (England and Wales)





ACCOUNTANTS: Thomas Croft Limited
Accountants And Taxation Consultants
Solent House
107a Alma Road
Portswood
Southampton
Hampshire
SO14 6UY

Skerdilaid Property Limited (Registered number: 12849279)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 174,117 174,117

CURRENT ASSETS
Cash at bank 349,681 -

CREDITORS
Amounts falling due within one year 5 473,649 131,781
NET CURRENT LIABILITIES (123,968 ) (131,781 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

50,149

42,336

PROVISIONS FOR LIABILITIES 4,360 4,360
NET ASSETS 45,789 37,976

CAPITAL AND RESERVES
Called up share capital 6 1 1
Retained earnings 7 45,788 37,975
SHAREHOLDERS' FUNDS 45,789 37,976

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Skerdilaid Property Limited (Registered number: 12849279)

Balance Sheet - continued
30 September 2024


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 director and authorised for issue on 26 June 2025 and were signed by:





Mrs L Morina - Director


Skerdilaid Property Limited (Registered number: 12849279)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Skerdilaid Property Limited 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 as modified by the revaluation of certain assets.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 174,117
NET BOOK VALUE
At 30 September 2024 174,117
At 30 September 2023 174,117

Skerdilaid Property Limited (Registered number: 12849279)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. INVESTMENT PROPERTY - continued

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2023 174,117

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Other loans 350,500 -
Trade creditors 1,080 -
Corporation tax 3,477 2,542
Directors' current accounts 116,452 127,159
Accruals and deferred income 1,000 1,000
Accrued expenses 1,140 1,080
473,649 131,781

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
1 Ordinary £1 1 1

7. RESERVES
Retained
earnings
£   

At 1 October 2023 37,975
Profit for the year 7,813
At 30 September 2024 45,788

Skerdilaid Property Limited (Registered number: 12849279)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

30.9.24 30.9.23
£    £   
Mrs L Morina
Balance outstanding at start of year (127,158 ) (135,168 )
Amounts advanced 15,403 12,000
Amounts repaid (4,696 ) (3,990 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (116,451 ) (127,158 )

9. RELATED PARTY DISCLOSURES

The company was under the control of Miss L Morina throughout the current period. Miss L Morina is the managing director and majority shareholder.

Included within "other creditors" is a loan of £350,000 which has been lent by the directors husband.

10. POST BALANCE SHEET EVENT

In December 2024 the company acquired "The Bedfords, 23 Beford Place, Southampton" property for £745,800.