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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
Page
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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
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SKP AND DAUGHTERS LTD. Statement of financial position as at 13 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
500,756 
518,953 
Current assets
Inventories
8,263 
8,596 
Debtors
52,503 
96,550 
Cash at bank and in hand
224,897 
79,723 
285,663 
184,869 
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 
Capital and reserves
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
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SKP AND DAUGHTERS LTD. Notes to the Accounts for the year ended 13 October 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 taxation
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.
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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 
Depreciation
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 
Net book value
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 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
(28,568)
7,701 
Accrued income and prepayments
7,633 
13,848 
(20,935)
21,549 
Amounts falling due after more than one year
Other debtors
73,438 
75,001 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
78,388 
71,616 
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 
Other creditors
4,242 
- 
Loans from directors
33,239 
178,720 
Accruals
42,429 
63,661 
357,519 
482,433 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
- 
4,626 
Trade creditors
19,800 
- 
19,800 
4,626 
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SKP AND DAUGHTERS LTD. Notes to the Accounts for the year ended 13 October 2024
8
Share capital
2024 
2023 
£ 
£ 
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).
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