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REGISTERED NUMBER: 12267511 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Skonto Ltd

Skonto Ltd (Registered number: 12267511)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 5


Skonto Ltd

Company Information
for the Year Ended 31 October 2024







DIRECTOR: J Lozda





SECRETARY:





REGISTERED OFFICE: 124 City Road
London
EC1V 2NX





REGISTERED NUMBER: 12267511 (England and Wales)





ACCOUNTANTS: Business Help UK Ltd
1st - 2nd Floor
138 South Street
Romford
Essex
RM1 1TE

Skonto Ltd

Report of the Accountants to the Director of
Skonto Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 October 2024 set out on pages three to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Business Help UK Ltd
1st - 2nd Floor
138 South Street
Romford
Essex
RM1 1TE


19 July 2025

Skonto Ltd (Registered number: 12267511)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,029 9,086

CURRENT ASSETS
Debtors 5 395,328 145,844
Cash at bank and in hand 332,089 114,289
727,417 260,133
CREDITORS
Amounts falling due within one year 6 539,415 83,205
NET CURRENT ASSETS 188,002 176,928
TOTAL ASSETS LESS CURRENT LIABILITIES 195,031 186,014

CREDITORS
Amounts falling due after more than one
year

7

29,606

24,800
NET ASSETS 165,425 161,214

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 165,325 161,114
SHAREHOLDERS' FUNDS 165,425 161,214

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 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.

Skonto Ltd (Registered number: 12267511)

Balance Sheet - continued
31 October 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 19 July 2025 and were signed by:





J Lozda - Director


Skonto Ltd (Registered number: 12267511)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Skonto 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.

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 etc - 25% on reducing balance

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.

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.

Skonto Ltd (Registered number: 12267511)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 12 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2023 23,003
Additions 286
At 31 October 2024 23,289
DEPRECIATION
At 1 November 2023 13,917
Charge for year 2,343
At 31 October 2024 16,260
NET BOOK VALUE
At 31 October 2024 7,029
At 31 October 2023 9,086

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 395,328 74,014
Other debtors - 71,830
395,328 145,844

Skonto Ltd (Registered number: 12267511)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans and overdrafts - 15,977
Trade creditors 470,835 501
Taxation and social security 67,180 65,279
Other creditors 1,400 1,448
539,415 83,205

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans 15,371 -
Other creditors 14,235 24,800
29,606 24,800

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.24 31.10.23
value: £    £   
100 Ordinary 1 100 100