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REGISTERED NUMBER: 06425794 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

SKHC PROPERTIES LTD

SKHC PROPERTIES LTD (REGISTERED NUMBER: 06425794)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SKHC PROPERTIES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: S J Kershaw
Mrs E D Kershaw





SECRETARY: Mrs E D Kershaw





REGISTERED OFFICE: Briardene House
Wintles Hill
Westbury on Severn
Gloucestershire
GL14 1QB





REGISTERED NUMBER: 06425794 (England and Wales)





ACCOUNTANTS: Randall & Payne LLP
Chartered Accountants
Chargrove House
Shurdington Road
Cheltenham
Gloucestershire
GL51 4GA

SKHC PROPERTIES LTD (REGISTERED NUMBER: 06425794)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 78,370 77,991
Investment property 5 970,058 970,058
1,048,428 1,048,049

CURRENT ASSETS
Debtors 6 49,694 51,977
Cash at bank 7,675 19,181
57,369 71,158
CREDITORS
Amounts falling due within one year 7 607,433 651,815
NET CURRENT LIABILITIES (550,064 ) (580,657 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

498,364

467,392

PROVISIONS FOR LIABILITIES 7,740 10,183
NET ASSETS 490,624 457,209

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 490,524 457,109
490,624 457,209

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

SKHC PROPERTIES LTD (REGISTERED NUMBER: 06425794)

BALANCE SHEET - continued
31 MARCH 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 July 2025 and were signed on its behalf by:




S J Kershaw - Director



Mrs E D Kershaw - Director


SKHC PROPERTIES LTD (REGISTERED NUMBER: 06425794)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

SKHC Properties Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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 Statement of Income and Retained Earnings, 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 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.

Going concern
The directors have considered the risks and issues concerning the company and it's activities and no material uncertainties that may cast significant doubt about the company's ability to continue as a going concern have been identified by the directors.

SKHC PROPERTIES LTD (REGISTERED NUMBER: 06425794)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

2. ACCOUNTING POLICIES - continued

Provisions
Provisions are recognised only where a present obligation exists as a result of a past transaction or event at or prior to the balance sheet date. In addition, a provision is only recognised where the amounts involved can be reliably estimated. Where material, provisions are calculated on a discounted basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2024 33,619 37,799 60,945 2,012 134,375
Additions 10,371 - - 1,488 11,859
At 31 March 2025 43,990 37,799 60,945 3,500 146,234
DEPRECIATION
At 1 April 2024 - 27,497 27,378 1,509 56,384
Charge for year - 2,575 8,391 514 11,480
At 31 March 2025 - 30,072 35,769 2,023 67,864
NET BOOK VALUE
At 31 March 2025 43,990 7,727 25,176 1,477 78,370
At 31 March 2024 33,619 10,302 33,567 503 77,991

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024
and 31 March 2025 970,058
NET BOOK VALUE
At 31 March 2025 970,058
At 31 March 2024 970,058

Fair value at 31 March 2025 is represented by:
£   
Valuation in 2022 101,343
Cost 868,715
970,058

SKHC PROPERTIES LTD (REGISTERED NUMBER: 06425794)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors - 80
Amounts owed by associates 47,000 47,000
VAT - 3,329
Prepayments and accrued income 2,694 1,568
49,694 51,977

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 80 -
Corporation Tax 8,400 10,827
VAT 3,471 -
Other creditors 7,000 3,500
Directors' loan accounts 577,734 625,702
Accruals and deferred income 10,748 11,786
607,433 651,815

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 2024
£    £   
S J Kershaw and Mrs E D Kershaw
Balance outstanding at start of year (625,702 ) (650,795 )
Amounts advanced 47,968 63,009
Amounts repaid - (37,916 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (577,734 ) (625,702 )

Interest has been charged where applicable at the HMRC official rate and there are no set repayment terms.