Company Registration No. 10337651 (England and Wales)
Skull Shaver EU Limited
Unaudited accounts
for the year ended 31 December 2024
Skull Shaver EU Limited
Unaudited accounts
Contents
Skull Shaver EU Limited
Company Information
for the year ended 31 December 2024
Directors
John Giles
Neel Bharat Kulshreshtha
Company Number
10337651 (England and Wales)
Accountants
Charterwells
Suite 8, 2nd Floor
43-45 High Road
Bushey Heath
WD23 1EE
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Skull Shaver EU Limited for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Skull Shaver EU Limited for the year ended
31 December 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Skull Shaver EU Limited, as a body, in accordance with the terms of our engagement letter dated 28 March 2019. Our work has been undertaken solely to prepare for your approval the accounts of Skull Shaver EU Limited and state those matters that we have agreed to state to the Board of Directors of Skull Shaver EU Limited, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Skull Shaver EU Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Skull Shaver EU Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Skull Shaver EU Limited. You consider that Skull Shaver EU Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Skull Shaver EU Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Charterwells
Chartered Accountants
Suite 8, 2nd Floor
43-45 High Road
Bushey Heath
WD23 1EE
14 August 2025
Skull Shaver EU Limited
Statement of financial position
as at 31 December 2024
Inventories
1,616,400
2,598,043
Cash at bank and in hand
371,740
526,361
Creditors: amounts falling due within one year
(3,007,771)
974,277
Net current (liabilities)/assets
(522,938)
5,134,624
Total assets less current liabilities
(522,938)
5,134,624
Creditors: amounts falling due after more than one year
1,979,348
(3,925,976)
Net assets
1,456,410
1,208,648
Called up share capital
100
100
Profit and loss account
1,456,310
1,208,548
Shareholders' funds
1,456,410
1,208,648
For the year ending 31 December 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 14 August 2025 and were signed on its behalf by
Neel Bharat Kulshreshtha
Director
Company Registration No. 10337651
Skull Shaver EU Limited
Notes to the Accounts
for the year ended 31 December 2024
Skull Shaver EU Limited is a private company, limited by shares, registered in England and Wales, registration number 10337651.
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 year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Finished goods
1,616,400
2,598,043
Amounts falling due within one year
Trade debtors
6,425
35,156
Other debtors
34,040
234,445
Amounts falling due after more than one year
Amounts due from group undertakings etc.
456,228
766,342
Skull Shaver EU Limited
Notes to the Accounts
for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
2,696,050
(1,246,205)
Taxes and social security
76,775
104,429
Loans from directors
3,554
3,554
7
Creditors: amounts falling due after more than one year
2024
2023
Amounts owed to group undertakings and other participating interests
(1,979,348)
3,925,976
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).