Registered number
13956211
Konrad Skorko Ltd
Unaudited Filleted Accounts
31 March 2025
Konrad Skorko Ltd
Registered number: 13956211
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 4,672 3,439
Current assets
Debtors 4 20,161 16,284
Cash at bank and in hand 9,087 888
29,248 17,172
Creditors: amounts falling due within one year 5 (18,206) (12,874)
Net current assets 11,042 4,298
Total assets less current liabilities 15,714 7,737
Provisions for liabilities (1,023) (672)
Net assets 14,691 7,065
Capital and reserves
Called up share capital 1 1
Profit and loss account 14,690 7,064
Shareholder's funds 14,691 7,065
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr K Skorko
Director
Approved by the board on 21 August 2025
Konrad Skorko Ltd
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).The financial statements are presented in sterling which is the functional currency of the company and are rounded to the nearest £.
Turnover
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 rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
Tangible fixed assets
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:
Plant and machinery over 5 years
Debtors & Creditors
Debtors and creditors with no stated interest rate and receivable and payable within one year are recorded at transaction price. Any losses from impairment are recognised in the profit and loss account in other administrative expenses.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024 4,825
Additions 2,748
At 31 March 2025 7,573
Depreciation
At 1 April 2024 1,386
Charge for the year 1,515
At 31 March 2025 2,901
Net book value
At 31 March 2025 4,672
At 31 March 2024 3,439
4 Debtors 2025 2024
£ £
Other debtors 20,161 16,284
5 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 246 109
Taxation and social security costs 17,960 12,765
18,206 12,874
6 Loans to directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
Director
Interest charged at the HMRC official rate, repayable on demand 9,511 65,588 (70,142) 4,957
9,511 65,588 (70,142) 4,957
7 Other information
Konrad Skorko Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Mordros
West Camps Bay
Downderry
Cornwall
PL113LG
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