Company Registration No. 14697672 (England and Wales)
Skip The Skip Limited
Unaudited accounts
for the year ended 31 March 2025
Skip The Skip Limited
Unaudited accounts
Contents
Skip The Skip Limited
Company Information
for the year ended 31 March 2025
Company Number
14697672 (England and Wales)
Registered Office
6 Hogsbrook Unite
Woodbury Salterton
Exeter
EX5 1PY
United Kingdom
Accountants
On Target Accounting Ltd
105 Chineway Gardens
Ottery St Mary
Devon
EX11 1JJ
Skip The Skip Limited
Statement of financial position
as at 31 March 2025
Tangible assets
83,568
13,817
Cash at bank and in hand
40,502
14,752
Creditors: amounts falling due within one year
(33,810)
(12,952)
Net current assets
29,814
11,282
Total assets less current liabilities
113,382
25,099
Creditors: amounts falling due after more than one year
(57,014)
(5,887)
Called up share capital
2
2
Profit and loss account
56,366
19,210
Shareholders' funds
56,368
19,212
For the year ending 31 March 2025 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 director acknowledges his 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 and authorised for issue on 24 November 2025 and were signed on its behalf by
Mr M Newby
Director
Company Registration No. 14697672
Skip The Skip Limited
Notes to the Accounts
for the year ended 31 March 2025
Skip The Skip Limited is a private company, limited by shares, registered in England and Wales, registration number 14697672. The registered office is 6 Hogsbrook Unite, Woodbury Salterton, Exeter, EX5 1PY, United Kingdom.
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 as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Motor vehicles
25% Straight Line
Computer equipment
25% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
5,661
10,650
220
16,531
Additions
-
76,490
-
76,490
At 31 March 2025
5,661
87,140
220
93,021
At 1 April 2024
308
2,397
9
2,714
Charge for the year
1,415
5,269
55
6,739
At 31 March 2025
1,723
7,666
64
9,453
At 31 March 2025
3,938
79,474
156
83,568
At 31 March 2024
5,353
8,253
211
13,817
Skip The Skip Limited
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Trade debtors
16,323
7,805
Accrued income and prepayments
536
1,131
6
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
16,751
-
Trade creditors
12,426
4,457
Taxes and social security
-
1,265
Other creditors
3,600
2,400
Loans from directors
-
2,099
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
50,037
-
Other creditors
6,977
5,887
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).