| Skyner Engineering Services Ltd |
| Registered Number:10787843 |
For the year ended 31 May 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 May 2025
Skyner Engineering Services Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Skyner Engineering Services Ltd
Statement of Financial Position
2024
2025
| Property, plant and equipment |
182,968
221,220
2
182,968
221,220
3,500
4,900
3
| Trade and other receivables |
254,661
407,538
4
203,736
| Cash and cash equivalents |
249,210
661,648
461,897
| Trade and other payables: amounts falling due within one |
| year |
(306,061)
(417,280)
5
155,836
244,368
Net current assets
| Total assets less current liabilities |
427,336
377,056
| Trade and other payables: amounts falling due after more |
| than one year |
(37,983)
(14,133)
6
(38,284)
(47,932)
| Provisions for liabilities |
374,919
Net assets
291,141
8
8
374,911
291,133
374,919
291,141
Shareholders' funds
| For the year ended 31 May 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 of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 11 December 2025 and were signed by: |
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For the year ended 31 May 2025
Skyner Engineering Services Ltd
Statement of Financial Position Continued
| The notes form part of these financial statements |
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For the year ended 31 May 2025
Skyner Engineering Services Ltd
Notes to the Financial Statements
Statutory Information
| Skyner Engineering Services Ltd is a private limited company, limited by shares, domiciled in England and Wales, |
| registration number 10787843. |
Unit 28
Drome Road
Deeside Industrial Park
Deeside
CH5 2NY
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Computer Equipment
Motor Vehicles
Furniture and Fittings
Inventories
| Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Deferred tax
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
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For the year ended 31 May 2025
Skyner Engineering Services Ltd
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
311,989
8,703
9,773
116,186
177,327
18,406
-
-
7,495
10,911
-
-
-
(9,250)
(9,250)
123,681
9,773
8,703
321,145
178,988
| Provision for depreciation and impairment |
90,769
5,989
2,803
14,198
67,779
Charge for year
50,527
1,299
1,394
25,498
22,336
(3,119)
-
-
-
(3,119)
138,177
7,288
4,197
39,696
86,996
91,992
83,985
5,576
1,415
182,968
109,548
101,988
6,970
2,714
221,220
2024
2025
4,900
3,500
| 4. Trade and other receivables |
2024
2025
276,279
217,373
| Prepayments and accrued income |
37,347
37,288
| Amounts owed by directors |
93,912
-
254,661
407,538
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For the year ended 31 May 2025
Skyner Engineering Services Ltd
Notes to the Financial Statements Continued
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
| Bank loans and overdraft (secured) |
10,510
10,255
4,230
3,464
91,780
73,520
| Taxation and social security |
125,311
169,052
| Accruals and deferred income |
169,961
25,323
| Obligations under HP/Financial leases |
13,200
21,904
2,288
2,543
417,280
306,061
| 6. Trade and other payables: amounts falling due after more than one year |
2024
2025
| Bank loans and overdraft (secured) |
-
10,510
140
-
27,333
14,133
| Obligations under HP/Financial leases |
14,133
37,983
| 7. Average number of persons employed |
During the year the average number of employees was 30 (2024 : 26)
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