S & K Construction Limited - Filleted accounts

Registered number

04052930

S & K Construction Limited

Filleted Accounts

31 March 2025

S & K Construction Limited
Registered number:		04052930
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		38,212			55,635

Current assets
Debtors	4	375,007			382,103
Cash at bank and in hand		40,392			22,171
		415,399			404,274

Creditors: amounts falling due within one year	5	(107,760)			(82,646)

Net current assets			307,639			321,628

Total assets less current liabilities			345,851			377,263

Creditors: amounts falling due after more than one year	6		-			(12,568)



Net assets			345,851			364,695

Capital and reserves
Called up share capital			2			2
Profit and loss account			345,849			364,693

Shareholders' funds			345,851			364,695

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr K A Buttle
Director
Approved by the board on 3 December 2025

S & K Construction Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			over 50 years
	Leasehold land and buildings			over the lease term
	Plant and machinery			25% reducing balance
	Motor vehicles			25% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					6		7


3	Tangible fixed assets
				Plant and machinery etc		Motor vehicles		Total
£					£		£
	Cost
	At 1 April 2024			41,353		195,674		237,027
	Disposals			-		(45,771)		(45,771)
	At 31 March 2025			41,353		149,903		191,256

	Depreciation
	At 1 April 2024			28,579		152,813		181,392
	Charge for the year			3,193		9,544		12,737
	On disposals			-		(41,085)		(41,085)
	At 31 March 2025			31,772		121,272		153,044

	Net book value
	At 31 March 2025			9,581		28,631		38,212
	At 31 March 2024			12,774		42,861		55,635


4	Debtors					2025		2024
£							£

	Trade debtors					78,521		81,582
	Directors loan					26,647		17,553
	Other debtors					269,839		282,968
						375,007		382,103


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					15,114		27,635
	Trade creditors					27,560		22,040
	Taxation and social security costs					62,046		29,994
	Other creditors					3,040		2,977
						107,760		82,646


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					-		12,568


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mr K A Buttle
	Directors loan	17,553		(65,724)		74,818		26,647

		17,553		(65,724)		74,818		26,647


8	Related party transactions

	The directors loan outstanding at the year end 31 March 2025 of £26,647 was repaid on 30 April 2025.


9	Other information

	S & K Construction Limited is a private company limited by shares and incorporated in England. Its registered office is:
	124a Main Road
	Biggin Hill
	Westerham
	Kent
	TN16 3BA