Company No: 15740140 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.12.2024
		£
Fixed assets
Tangible assets	3	10,051,467
Investments		4,058
		10,055,525
Current assets
Debtors	4	1,262,831
Cash at bank and in hand		268,972
		1,531,803
Net current assets		1,531,803
Total assets less current liabilities		11,587,328
Creditors: amounts falling due after more than one year	5	( 11,785,990)
Net liabilities		( 198,662)
Capital and reserves
Called-up share capital	6	10
Profit and loss account		( 198,672 )
Total shareholders' deficit		( 198,662)

For the financial period ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Skyford Group Ltd (registered number: 15740140) were approved and authorised for issue by the Director on 30 September 2025. They were signed on its behalf by:

V Olenchenko Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

Skyford Group Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 73 Cornhill, London, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption in section 399 of the Companies Act 2006 not to prepare consolidated accounts, because the group it heads qualifies as small. The financial statements present information about the Company as an individual entity only.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line and reducing balance basis over its expected useful life, as follows:

Land and buildings	not depreciated
Vehicles	25 % reducing balance
Fixtures and fittings	10 years straight line
Office equipment	4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	Period from 24.05.2024 to 31.12.2024
	Number
Monthly average number of persons employed by the Company during the period, including the director	2

3. Tangible assets

	Land and buildings		Vehicles		Fixtures and fittings		Office equipment		Total
	£		£		£		£		£
Cost
At 24 May 2024	0		0		0		0		0
Additions	9,786,768		229,611		60,000		374		10,076,753
At 31 December 2024	9,786,768		229,611		60,000		374		10,076,753
Accumulated depreciation
At 24 May 2024	0		0		0		0		0
Charge for the financial period	0		24,763		500		23		25,286
At 31 December 2024	0		24,763		500		23		25,286
Net book value
At 31 December 2024	9,786,768		204,848		59,500		351		10,051,467

4. Debtors

	31.12.2024
	£
Amounts owed by Group undertakings	1,131,532
Other debtors	131,299
	1,262,831

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

	31.12.2024
	£
Amounts owed to Group undertakings	11,785,990

There are no amounts included above in respect of which any security has been given by the small entity.

6. Called-up share capital

	31.12.2024
	£
Allotted, called-up and fully-paid
10 Ordinary shares of £ 1.00 each	10

During the period, 10 Ordinary shares were issued at £1 per share.

7. Related party transactions

Transactions with entities in which the entity itself has a participating interest

At the period end the company was owed £495,402 by a subsidiary. This loan is interest free and repayable on demand.
At the period end the company was also owed £636,130 by another subsidiary. This loan is interest free and repayable on demand.

Transactions with the entity's director

At the period end the company was owed £11,414 by its director. This loan was repaid after the year-end date.

Other related party transactions

At the period end the company owed £11,785,990 to a entity under common control. This loan is interest free and repayable on demand.