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REGISTERED NUMBER: SC256030 (Scotland)












Financial Statements for the Year Ended 5 April 2025

for

SKD SHORE LIMITED

SKD SHORE LIMITED (REGISTERED NUMBER: SC256030)






Contents of the Financial Statements
for the Year Ended 5 April 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SKD SHORE LIMITED

Company Information
for the Year Ended 5 April 2025







DIRECTOR: S McVey





REGISTERED OFFICE: 12 Traill Drive
Montrose
Angus
DD10 8SW





REGISTERED NUMBER: SC256030 (Scotland)





ACCOUNTANTS: Account Tax Ltd
Chartered Certified Accountants
12 Traill Drive
Montrose
Angus
DD10 8SW

SKD SHORE LIMITED (REGISTERED NUMBER: SC256030)

Balance Sheet
5 April 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 109 1,005
Investments 5 101,152 92,364
Investment property 6 225,041 219,281
326,302 312,650

CURRENT ASSETS
Debtors 7 1,350 -
Cash at bank 308,871 371,290
310,221 371,290
CREDITORS
Amounts falling due within one year 8 2,287 20,320
NET CURRENT ASSETS 307,934 350,970
TOTAL ASSETS LESS CURRENT
LIABILITIES

634,236

663,620

CREDITORS
Amounts falling due after more than one
year

9

-

25,833
NET ASSETS 634,236 637,787

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 634,136 637,687
SHAREHOLDERS' FUNDS 634,236 637,787

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2025 in accordance with Section 476 of the Companies Act 2006.

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.

SKD SHORE LIMITED (REGISTERED NUMBER: SC256030)

Balance Sheet - continued
5 April 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 June 2025 and were signed by:





S McVey - Director


SKD SHORE LIMITED (REGISTERED NUMBER: SC256030)

Notes to the Financial Statements
for the Year Ended 5 April 2025

1. STATUTORY INFORMATION

SKD Shore Limited is a private company, limited by shares , registered in Scotland. 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.

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 - 25% on reducing balance
Fixtures and fittings - 33% on cost
Computer equipment - 33% on cost

Investment property
Investment property is included at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.

Deferred tax
Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

SKD SHORE LIMITED (REGISTERED NUMBER: SC256030)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2025

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 6 April 2024
and 5 April 2025 784 449 2,125 3,358
DEPRECIATION
At 6 April 2024 638 300 1,415 2,353
Charge for year 37 149 710 896
At 5 April 2025 675 449 2,125 3,249
NET BOOK VALUE
At 5 April 2025 109 - - 109
At 5 April 2024 146 149 710 1,005

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 6 April 2024 92,364
Additions 8,788
At 5 April 2025 101,152
NET BOOK VALUE
At 5 April 2025 101,152
At 5 April 2024 92,364

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 6 April 2024 219,281
Additions 5,760
At 5 April 2025 225,041
NET BOOK VALUE
At 5 April 2025 225,041
At 5 April 2024 219,281

SKD SHORE LIMITED (REGISTERED NUMBER: SC256030)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2025

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 1,300 -
Other debtors 50 -
1,350 -

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Taxation and social security 846 704
Other creditors 1,441 19,616
2,287 20,320

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans - 25,833

10. RELATED PARTY DISCLOSURES

The company was under the control of the director, S McVey, throughout the current and previous year.

During the year the company repaid the directors net amounts totalling £18,205. As at 5 April 2025 included within other creditors is a balance outstanding due to the director of £541 (2024 - £18,746). Interest has been charged on this loan as per HMRC guidelines.