Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-312024-04-01falseNo description of principal activity11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13599236 2024-04-01 2025-03-31 13599236 2023-04-01 2024-03-31 13599236 2025-03-31 13599236 2024-03-31 13599236 c:Director1 2024-04-01 2025-03-31 13599236 d:MotorVehicles 2024-04-01 2025-03-31 13599236 d:MotorVehicles 2025-03-31 13599236 d:MotorVehicles 2024-03-31 13599236 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 13599236 d:OfficeEquipment 2024-04-01 2025-03-31 13599236 d:OfficeEquipment 2025-03-31 13599236 d:OfficeEquipment 2024-03-31 13599236 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 13599236 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 13599236 d:CurrentFinancialInstruments 2025-03-31 13599236 d:CurrentFinancialInstruments 2024-03-31 13599236 d:Non-currentFinancialInstruments 2025-03-31 13599236 d:Non-currentFinancialInstruments 2024-03-31 13599236 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 13599236 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 13599236 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 13599236 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 13599236 d:ShareCapital 2025-03-31 13599236 d:ShareCapital 2024-03-31 13599236 d:RetainedEarningsAccumulatedLosses 2025-03-31 13599236 d:RetainedEarningsAccumulatedLosses 2024-03-31 13599236 c:FRS102 2024-04-01 2025-03-31 13599236 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 13599236 c:FullAccounts 2024-04-01 2025-03-31 13599236 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 13599236 d:HirePurchaseContracts d:WithinOneYear 2025-03-31 13599236 d:HirePurchaseContracts d:WithinOneYear 2024-03-31 13599236 d:HirePurchaseContracts d:BetweenOneFiveYears 2025-03-31 13599236 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-03-31 13599236 2 2024-04-01 2025-03-31 13599236 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 13599236









SK CEILINGS AND PARTITIONS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

 
SK CEILINGS AND PARTITIONS LIMITED
REGISTERED NUMBER: 13599236

BALANCE SHEET
AS AT 31 MARCH 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
23,312
28,602

  
23,312
28,602

Current assets
  

Debtors: amounts falling due within one year
 5 
47,988
59,256

Cash at bank and in hand
 6 
1,130
6,415

  
49,118
65,671

Creditors: amounts falling due within one year
 7 
(33,217)
(43,263)

Net current assets
  
 
 
15,901
 
 
22,408

Total assets less current liabilities
  
39,213
51,010

Creditors: amounts falling due after more than one year
 8 
(4,550)
(7,962)

  

Net assets
  
34,663
43,048


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
34,662
43,047

  
34,663
43,048


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 August 2025.

Page 1

 
SK CEILINGS AND PARTITIONS LIMITED
REGISTERED NUMBER: 13599236
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025


Sean Kelly
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
SK CEILINGS AND PARTITIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

SK Ceilings and Partitions Ltd (company number 13599236) is a private company limited by shares, registered in England and Wales. Its registered office is at 42 Ashurst Grove, Radcliffe, Manchester, M26 1UL.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
SK CEILINGS AND PARTITIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
20%
Office equipment
-
15%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
SK CEILINGS AND PARTITIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).


4.


Tangible fixed assets





Motor vehicles
Office equipment
Total

£
£
£



Cost or valuation


At 1 April 2024
27,150
11,665
38,815



At 31 March 2025

27,150
11,665
38,815



Depreciation


At 1 April 2024
7,150
3,063
10,213


Charge for the year on owned assets
4,000
1,290
5,290



At 31 March 2025

11,150
4,353
15,503



Net book value



At 31 March 2025
16,000
7,312
23,312



At 31 March 2024
20,000
8,602
28,602


5.


Debtors

2025
2024
£
£


Trade debtors
23,659
22,247

Other debtors
24,329
37,009

47,988
59,256

Page 5

 
SK CEILINGS AND PARTITIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

5.Debtors (continued)



6.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
1,130
6,415

1,130
6,415



7.


Creditors: Amounts falling due within one year

2025
2024
£
£

Corporation tax
11,112
17,955

Other taxation and social security
735
1,043

Obligations under finance lease and hire purchase contracts
3,413
3,413

Other creditors
14,847
17,862

Accruals and deferred income
3,110
2,990

33,217
43,263



8.


Creditors: Amounts falling due after more than one year

2025
2024
£
£

Net obligations under finance leases and hire purchase contracts
4,550
7,962

4,550
7,962


Page 6

 
SK CEILINGS AND PARTITIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

9.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2025
2024
£
£


Within one year
3,413
3,413

Between 1-5 years
4,550
7,962

7,963
11,375


10.


Related party transactions

Included within other debtors due within one year is a loan to Sean Kelly, a director, amounting to £4,098 (2023 - £9,200). The loan was interest free and repaid on the 6 April 2025.

 
Page 7