2 false false false false false false false false false false true false false false false false false No description of principal activity 2023-11-01 Sage Accounts Production Advanced 2023 - FRS102_2023 38,932 29,568 xbrli:pure xbrli:shares iso4217:GBP 07400653 2023-11-01 2024-10-31 07400653 2024-10-31 07400653 2023-10-31 07400653 2022-11-01 2023-10-31 07400653 2023-10-31 07400653 2022-10-31 07400653 bus:Director2 2023-11-01 2024-10-31 07400653 core:PlantMachinery 2023-10-31 07400653 core:FurnitureFittings 2023-10-31 07400653 core:MotorVehicles 2023-10-31 07400653 core:PlantMachinery 2024-10-31 07400653 core:FurnitureFittings 2024-10-31 07400653 core:MotorVehicles 2024-10-31 07400653 core:PlantMachinery 2023-11-01 2024-10-31 07400653 core:FurnitureFittings 2023-11-01 2024-10-31 07400653 core:MotorVehicles 2023-11-01 2024-10-31 07400653 core:WithinOneYear 2024-10-31 07400653 core:WithinOneYear 2023-10-31 07400653 core:AfterOneYear 2024-10-31 07400653 core:AfterOneYear 2023-10-31 07400653 core:ShareCapital 2024-10-31 07400653 core:ShareCapital 2023-10-31 07400653 core:RetainedEarningsAccumulatedLosses 2024-10-31 07400653 core:RetainedEarningsAccumulatedLosses 2023-10-31 07400653 core:PlantMachinery 2023-10-31 07400653 core:FurnitureFittings 2023-10-31 07400653 core:MotorVehicles 2023-10-31 07400653 bus:Director2 2023-10-31 07400653 bus:Director2 2024-10-31 07400653 bus:Director2 2022-10-31 07400653 bus:Director2 2023-10-31 07400653 bus:Director2 2022-11-01 2023-10-31 07400653 bus:SmallEntities 2023-11-01 2024-10-31 07400653 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 07400653 bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 07400653 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 07400653 bus:FullAccounts 2023-11-01 2024-10-31
COMPANY REGISTRATION NUMBER: 07400653
S & K MECHANICAL (UK) LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
31 October 2024
S & K MECHANICAL (UK) LIMITED
STATEMENT OF COMPREHENSIVE INCOME
YEAR ENDED 31 OCTOBER 2024
2024
2023
Note
£
£
TURNOVER
334,037
275,569
Cost of sales
139,533
145,208
----------
----------
GROSS PROFIT
194,504
130,361
Administrative expenses
146,587
91,650
----------
----------
OPERATING PROFIT
47,917
38,711
Other interest receivable and similar income
10
Interest payable and similar expenses
636
639
----------
----------
PROFIT BEFORE TAXATION
5
47,281
38,082
Tax on profit
8,349
8,514
---------
---------
PROFIT FOR THE FINANCIAL YEAR AND TOTAL COMPREHENSIVE INCOME
38,932
29,568
---------
---------
All the activities of the company are from continuing operations.
The company has no other recognised items of income and expenses other than the results for the year as set out above.
S & K MECHANICAL (UK) LIMITED
STATEMENT OF FINANCIAL POSITION
31 October 2024
2024
2023
Note
£
£
£
FIXED ASSETS
Tangible assets
6
37,150
35,467
CURRENT ASSETS
Stocks
10,370
12,450
Debtors
7
56,273
22,719
Cash at bank and in hand
2,478
14,491
---------
---------
69,121
49,660
CREDITORS: amounts falling due within one year
8
51,473
31,560
---------
---------
NET CURRENT ASSETS
17,648
18,100
---------
---------
TOTAL ASSETS LESS CURRENT LIABILITIES
54,798
53,567
CREDITORS: amounts falling due after more than one year
9
15,518
25,317
---------
---------
NET ASSETS
39,280
28,250
---------
---------
CAPITAL AND RESERVES
Called up share capital
100
2
Profit and loss account
39,180
28,248
---------
---------
SHAREHOLDERS FUNDS
39,280
28,250
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
S & K MECHANICAL (UK) LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
31 October 2024
These financial statements were approved by the board of directors and authorised for issue on 25 July 2025 , and are signed on behalf of the board by:
A Kerrigan
Director
Company registration number: 07400653
S & K MECHANICAL (UK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 OCTOBER 2024
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 3, Smiths Transport Yard, Highstreet Road, Dargate, Faversham, Kent, ME13 9FA.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of Preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
4. EMPLOYEE NUMBERS
The average number of persons employed by the company during the year amounted to 2 (2023: 1 ).
5. PROFIT BEFORE TAXATION
Profit before taxation is stated after charging:
2024
2023
£
£
Depreciation of tangible assets
12,383
11,825
---------
---------
6. TANGIBLE ASSETS
Plant and machinery
Fixtures and fittings
Motor vehicles
Total
£
£
£
£
Cost
At 1 November 2023
110,982
5,429
37,045
153,456
Additions
5,662
12,900
18,562
Disposals
( 5,995)
( 5,995)
----------
-------
---------
----------
At 31 October 2024
116,644
5,429
43,950
166,023
----------
-------
---------
----------
Depreciation
At 1 November 2023
95,231
4,512
18,246
117,989
Charge for the year
5,354
229
6,800
12,383
Disposals
( 1,499)
( 1,499)
----------
-------
---------
----------
At 31 October 2024
100,585
4,741
23,547
128,873
----------
-------
---------
----------
Carrying amount
At 31 October 2024
16,059
688
20,403
37,150
----------
-------
---------
----------
At 31 October 2023
15,751
917
18,799
35,467
----------
-------
---------
----------
7. DEBTORS
2024
2023
£
£
Trade debtors
56,273
22,719
---------
---------
8. CREDITORS: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
2,128
Corporation tax
8,346
8,513
Social security and other taxes
33,034
18,202
Other creditors
7,965
4,845
---------
---------
51,473
31,560
---------
---------
9. CREDITORS: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
15,518
25,317
---------
---------
10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES
During the year the directors entered into the following advances and credits with the company:
2024
Balance brought forward
Amounts repaid
Balance outstanding
£
£
£
A Kerrigan
( 683)
537
( 146)
----
----
----
2023
Balance brought forward
Amounts repaid
Balance outstanding
£
£
£
A Kerrigan
( 427)
( 256)
( 683)
----
----
----
11. RELATED PARTY TRANSACTIONS
The company was under the control of Mr Kerrigan throughout the current and previous year. Mr Kerrigan is the managing director and majority shareholder.