Company Registration No. 11146677 (England and Wales)
SKP AND DAUGHTERS LTD.
Unaudited accounts
for the year ended 13 October 2024
SKP AND DAUGHTERS LTD.
Unaudited accounts
Contents
SKP AND DAUGHTERS LTD.
Company Information
for the year ended 13 October 2024
Director
Cynthia Uma Shanmugalingam
Secretary
Dr Shantha Ganesh Shanmugalingam
Company Number
11146677 (England and Wales)
Registered Office
SECOND HOME
HANBURY STREET
LONDON
E1 5JL
UNITED KINGDOM
Accountants
Viewpoint Partners Ltd
Suite 3.06
1-3 Brixton Road
London
SW9 6DE
SKP AND DAUGHTERS LTD.
Statement of financial position
as at 13 October 2024
Tangible assets
500,756
518,953
Cash at bank and in hand
224,897
79,723
Creditors: amounts falling due within one year
(357,519)
(482,433)
Net current liabilities
(71,856)
(297,564)
Total assets less current liabilities
428,900
221,389
Creditors: amounts falling due after more than one year
(19,800)
(4,626)
Provisions for liabilities
Deferred tax
(122,740)
(85,313)
Net assets
286,360
131,450
Called up share capital
152
152
Share premium
574,939
574,939
Profit and loss account
(288,731)
(443,641)
Shareholders' funds
286,360
131,450
For the year ending 13 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 July 2025 and were signed on its behalf by
Cynthia Uma Shanmugalingam
Director
Company Registration No. 11146677
SKP AND DAUGHTERS LTD.
Notes to the Accounts
for the year ended 13 October 2024
SKP AND DAUGHTERS LTD. is a private company, limited by shares, registered in England and Wales, registration number 11146677. The registered office is SECOND HOME, HANBURY STREET, LONDON, E1 5JL, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
are depreciated using the straight line method over 15 years..
Plant & machinery
is depreciated using the straight line method at 25%.
Fixtures & fittings
are depreciated using the straight line method at 20%.
Computer equipment
is depreciated using the straight line method at 25%.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
SKP AND DAUGHTERS LTD.
Notes to the Accounts
for the year ended 13 October 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 14 October 2023
493,064
14,138
32,543
4,698
544,443
Additions
20,119
4,255
2,259
583
27,216
At 13 October 2024
513,183
18,393
34,802
5,281
571,659
At 14 October 2023
19,199
1,881
3,781
629
25,490
Charge for the year
33,989
3,715
6,483
1,226
45,413
At 13 October 2024
53,188
5,596
10,264
1,855
70,903
At 13 October 2024
459,995
12,797
24,538
3,426
500,756
At 13 October 2023
473,865
12,257
28,762
4,069
518,953
Amounts falling due within one year
Trade debtors
(28,568)
7,701
Accrued income and prepayments
7,633
13,848
Amounts falling due after more than one year
Other debtors
73,438
75,001
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
1,471
4,414
Trade creditors
54,652
61,578
Taxes and social security
143,098
102,444
Loans from directors
33,239
178,720
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
4,626
SKP AND DAUGHTERS LTD.
Notes to the Accounts
for the year ended 13 October 2024
Allotted, called up and fully paid:
1,515,832 Ordinary shares of £0.0001 each
151.58
151.58
9
Average number of employees
During the year the average number of employees was 36 (2023: 0).