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Registration number: 16011227

Skelton Ward Holdings Limited
Unaudited Filleted Financial Statements
for the Period from 10 October 2024 to 30 April 2025

Pages for filing with Registrar

Skelton Ward Holdings Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 7

Skelton Ward Holdings Limited

Company Information

Director | Mr DG Ward

Registered office | Thomas House Pope Lane Whitestake Preston Lancashire PR4 4AZ

Skelton Ward Holdings Limited

(Registration number: 16011227)
Balance Sheet as at 30 April 2025

| Note | 2025 £
Fixed assets |  |
Investments | 4 | 92,524
Current assets |  |
Debtors | 5 | 71,983
Creditors: Amounts falling due within one year | 6 | (55,090)
Net current assets |  | 16,893
Total assets less current liabilities |  | 109,417
Creditors: Amounts falling due after more than one year | 6 | (109,317)
Net assets |  | 100
Capital and reserves |  |
Called up share capital |  | 100
Shareholders' funds |  | 100

For the financial period ending 30 April 2025 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 accounts for the period in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 29 September 2025

......................................... Mr DG Ward Director

Skelton Ward Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 10 October 2024 to 30 April 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Thomas House Pope Lane
Whitestake
Preston
Lancashire
PR4 4AZ
England

These financial statements were authorised for issue by the director on 29 September 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in Sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Disclosure of long or short period

The company has a shortened period as it is the company's first period since incorporation.

Skelton Ward Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 10 October 2024 to 30 April 2025 (continued)

2 | Accounting policies (continued)

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Skelton Ward Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 10 October 2024 to 30 April 2025 (continued)

2 | Accounting policies (continued)

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Financial instruments

Classification
The Company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Company’s statement of financial position when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and liability simultaneously.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. As equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

4 | Investments

| 2025 £
Investments in subsidiaries | 92,524

Skelton Ward Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 10 October 2024 to 30 April 2025 (continued)

4 | Investments (continued)

Subsidiaries | £
Cost or valuation
Additions | 92,524
Provision
Carrying amount
At 30 April 2025 | 92,524

5 | Debtors

Current | 2025 £
Other debtors | 71,983
| 71,983

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £
Due within one year |
Other creditors | 55,090

Creditors: amounts falling due after more than one year

| 2025 £
Due after one year |
Other financial liabilities | 109,317

Skelton Ward Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 10 October 2024 to 30 April 2025 (continued)

7 | Related party transactions

Loans to related parties

2025 | Key management £
Advances and repayments | 71,983
At end of period | 71,983

Terms of loans to related parties

Loans owed by key management are repayable on demand.