REGISTERED NUMBER: 04428308 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

Skafftec Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S P Ross

T A White

G P L Ross

REGISTERED OFFICE:

67 Westow Street

Upper Norwood

London

SE19 3RW

REGISTERED NUMBER:

04428308 (England and Wales)

ACCOUNTANTS:

Thornton Springer LLP

Chartered Accountants

67 Westow Street

London

SE19 3RW

FIXED ASSETS

Tangible assets

5

2,419

9,989

CURRENT ASSETS

Stocks

287,442

209,570

Debtors

6

3,023,774

1,789,581

Cash at bank

3,367,536

2,070,902

6,678,752

4,070,053

CREDITORS

Amounts falling due within one year

7

3,129,705

1,168,614

NET CURRENT ASSETS

3,549,047

2,901,439

TOTAL ASSETS LESS CURRENT LIABILITIES

3,551,466

2,911,428

CREDITORS

Amounts falling due after more than one year

8

-

9,899

NET ASSETS

3,551,466

2,901,529

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

9

3,551,366

2,901,429

SHAREHOLDERS' FUNDS

3,551,466

2,901,529

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 28 November 2025 and were signed on its behalf by:

S P Ross - Director

1.	STATUTORY INFORMATION

Skafftec 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 12 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2024

208,885

Disposals

(38,000

)

At 31 July 2025

170,885

DEPRECIATION

At 1 August 2024

198,896

Charge for year

807

Eliminated on disposal

(31,237

)

At 31 July 2025

168,466

NET BOOK VALUE

At 31 July 2025

2,419

At 31 July 2024

9,989

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

713,527

489,858

Other debtors

2,310,247

1,299,723

3,023,774

1,789,581

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans and overdrafts

9,644

10,012

Trade creditors

2,688,098

715,351

Taxation and social security

273,421

285,877

Other creditors

158,542

157,374

3,129,705

1,168,614

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans

-

9,899

9.

RESERVES

Retained

earnings

£

At 1 August 2024

2,901,429

Profit for the year

649,937

At 31 July 2025

3,551,366