REGISTERED NUMBER: 10118882 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

Skylark Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Y H Patel

S A Patel

S H Patel

I H Patel

F H Patel

REGISTERED OFFICE:

16-18 Fordham Street

London

E1 1HS

REGISTERED NUMBER:

10118882 (England and Wales)

ACCOUNTANTS:

ZAM Accounting Ltd

Chartered Accountants & Registered Auditors

51 Springfield Gardens

Kingsbury

London

NW9 0RY

FIXED ASSETS

Tangible assets

4

19,745,074

19,745,969

CURRENT ASSETS

Debtors

5

71,754

18,493

Cash at bank and in hand

372,268

120,919

444,022

139,412

CREDITORS

Amounts falling due within one year

6

710,563

447,828

NET CURRENT LIABILITIES

(266,541

)

(308,416

)

TOTAL ASSETS LESS CURRENT LIABILITIES

19,478,533

19,437,553

CREDITORS

Amounts falling due after more than one year

7

1,067,634

1,274,838

NET ASSETS

18,410,899

18,162,715

CAPITAL AND RESERVES

Called up share capital

8

100

100

Share premium

18,092,404

18,092,404

Retained earnings

318,395

70,211

SHAREHOLDERS' FUNDS

18,410,899

18,162,715

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 September 2025 and were signed on its behalf by:

Y H Patel - Director

S A Patel - Director

1.	STATUTORY INFORMATION

Skylark Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

15% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

COST

At 1 May 2024

and 30 April 2025

19,740,000

80,225

19,820,225

DEPRECIATION

At 1 May 2024

-

74,256

74,256

Charge for year

-

895

895

At 30 April 2025

-

75,151

75,151

NET BOOK VALUE

At 30 April 2025

19,740,000

5,074

19,745,074

At 30 April 2024

19,740,000

5,969

19,745,969

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

71,754

18,493

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade creditors

17,291

42,612

Taxation and social security

184,237

125,481

Other creditors

509,035

279,735

710,563

447,828

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Other creditors

1,067,634

1,274,838

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

£

100

Ordinary share

£1

100

100