Company Registration No. 09509765 (England and Wales)
SK FILSON LIMITED
Unaudited accounts
for the period from 1 April 2023 to 30 September 2024
SK FILSON LIMITED
Unaudited accounts
Contents
SK FILSON LIMITED
Company Information
for the period from 1 April 2023 to 30 September 2024
Directors
Huzefa Adamali
Murtaza Jivanjee
Shabbir Kagalwala
Company Number
09509765 (England and Wales)
Registered Office
15 Shardlow Road
Wigston
Leicester
LE18 1DY
Accountants
Embee Oak
Unit 14 Mill Stream Lodge
Uxbridge Road
Rickmansworth
Herts
WD3 8JQ
SK FILSON LIMITED
Statement of financial position
as at 30 September 2024
Inventories
359,378
278,096
Cash at bank and in hand
5,968
3,016
Creditors: amounts falling due within one year
(1,158,964)
(1,072,664)
Net current liabilities
(399,614)
(442,648)
Net liabilities
(399,474)
(442,438)
Called up share capital
1,000
1,000
Profit and loss account
(400,474)
(443,438)
Shareholders' funds
(399,474)
(442,438)
For the period ending 30 September 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by
Huzefa Adamali
Director
Company Registration No. 09509765
SK FILSON LIMITED
Notes to the Accounts
for the period from 1 April 2023 to 30 September 2024
SK FILSON LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09509765. The registered office is 15 Shardlow Road, Wigston, Leicester, LE18 1DY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover represents the value, net of VAT and discounts, of goods provided to customers.
The financial statements have been prepared on a going concern basis. At the balance sheet date the company’s net liabilities amounted to £399,474. Despite this, the company generated a profit during the year and is forecast to continue trading profitably.
The directors have considered the company’s current financial position, cash flow forecasts and future prospects, and are satisfied that the company has adequate resources to meet its obligations as they fall due. Accordingly, they consider the use of the going concern basis of accounting to be appropriate.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
5 years straight line
Computer equipment
3 years straight line
The accounts are presented in £ sterling.
SK FILSON LIMITED
Notes to the Accounts
for the period from 1 April 2023 to 30 September 2024
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
10,928
750
11,678
At 30 September 2024
10,928
750
11,678
At 1 April 2023
10,718
750
11,468
Charge for the period
70
-
70
At 30 September 2024
10,788
750
11,538
At 30 September 2024
140
-
140
At 31 March 2023
210
-
210
Amounts falling due within one year
Trade debtors
357,438
315,140
Accrued income and prepayments
33,057
26,288
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
357,128
259,725
Taxes and social security
1,328
2,410
Loans from directors
737,946
766,172
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
The company is jointly controlled by Mr H Adamali and Mr M Jivanjee, by virtue of their majority shareholdings.
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Average number of employees
During the period the average number of employees was 2 (2023: 2).