S. K. FASHIONS LIMITED

Company Registration Number:
07263819 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 01 December 2023

End date: 30 November 2024

S. K. FASHIONS LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

S. K. FASHIONS LIMITED

Company Information

for the Period Ended 30 November 2024




Director: Anil Kakkar
Registered office: Unit 5 & 6, 259 - 261, Mili'S Mall
Northolt Road
Harrow
England
HA2 8HS
Company Registration Number: 07263819 (England and Wales)

S. K. FASHIONS LIMITED

Directors' Report Period Ended 30 November 2024

The directors present their report with the financial statements of the company for the period ended 30 November 2024

Principal Activities

Retail sale via stalls and markets of other goods.

Directors

The directors shown below have held office during the whole of the period from 01 December 2023 to 30 November 2024
Anil Kakkar

This report was approved by the board of directors on 29 August 2025
And Signed On Behalf Of The Board By:

Name: Anil Kakkar
Status: Director

S. K. FASHIONS LIMITED

Profit and Loss Account

for the Period Ended 30 November 2024


Notes

2024
£

2023
£
Turnover 75,438 82,508
Cost of sales ( 26,961 ) ( 46,301 )
Gross Profit or (Loss) 48,477 36,207
Distribution Costs ( 5,212 ) ( 9,079 )
Administrative Expenses ( 42,585 ) ( 53,531 )
Operating Profit or (Loss) 680 ( 26,403 )
Interest Payable and Similar Charges ( 495 ) ( 560 )
Profit or (Loss) Before Tax 185 ( 26,963 )
Tax on Profit ( 35 ) -
Profit or (Loss) for Period 150 ( 26,963 )

The notes form part of these financial statements

S. K. FASHIONS LIMITED

Balance sheet

As at 30 November 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 74 98
Total fixed assets: 74 98
Current assets
Stocks: 5,448 8,445
Debtors: 5 2,412
Cash at bank and in hand: 915 282
Total current assets: 8,775 8,727
Creditors: amounts falling due within one year: 6 ( 22,258 ) ( 22,223 )
Net current assets (liabilities): ( 13,483 ) ( 13,496 )
Total assets less current liabilities: ( 13,409 ) ( 13,398 )
Creditors: amounts falling due after more than one year: 7 ( 12,997 ) ( 13,158 )
Total net assets (liabilities): ( 26,406 ) ( 26,556 )

The notes form part of these financial statements

S. K. FASHIONS LIMITED

Balance sheet continued

As at 30 November 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 26,407 ) ( 26,557 )
Shareholders funds: ( 26,406 ) ( 26,556 )

For the year ending 30 November 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 29 August 2025
And Signed On Behalf Of The Board By:

Name: Anil Kakkar
Status: Director

The notes form part of these financial statements

S. K. FASHIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts
    and value added taxes. Turnover includes revenue earned from the sale of goods and from the
    rendering of services. Turnover from the sale of goods is recognised when the significant risks
    and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering
    of services is recognised by reference to the stage of completion of the contract. The stage of
    completion of a contract is measured by comparing the costs incurred for work performed to date
    to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative
    impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land,
    at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its
    expected useful life, as follows:

    Equipment, Fixtures & fittings: 25% Reducing balance

    Motor Vehicles: 25% Reducing balance

S. K. FASHIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

S. K. FASHIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 3. Off balance sheet disclosure

    No

S. K. FASHIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Tangible assets

Office equipment Total
Cost £ £
At 01 December 2023 250 250
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 30 November 2024 250 250
Depreciation
At 01 December 2023 152 152
Charge for year 24 24
On disposals - -
Other adjustments - -
At 30 November 2024 176 176
Net book value
At 30 November 2024 74 74
At 30 November 2023 98 98

S. K. FASHIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Debtors


2024
£

2023
£
Other debtors 2,412
Total 2,412

S. K. FASHIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Accruals and deferred income 35
Other creditors 22,223 22,223
Total 22,258 22,223

S. K. FASHIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 12,997 13,158
Total 12,997 13,158