Company No: 10693569 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTOR

D Purkayastha

REGISTERED OFFICE	Treviot House
	186-192 High Road
	Ilford
	IG1 1LR
	United Kingdom

COMPANY NUMBER

10693569 (England and Wales)

ACCOUNTANT	Gravita Essex Limited
	Treviot House
	186-192 High Road
	Ilford
	Essex
	IG1 1LR
	United Kingdom

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	6,479		6,632
Investments	4	994,101		1,044,661
		1,000,580		1,051,293
Current assets
Debtors	5	53,852		17,115
Cash at bank and in hand		246		1,547
		54,098		18,662
Creditors: amounts falling due within one year	6	( 895,943)		( 758,156)
Net current liabilities		(841,845)		(739,494)
Total assets less current liabilities		158,735		311,799
Creditors: amounts falling due after more than one year	7	( 58,333)		( 108,333)
Net assets		100,402		203,466
Capital and reserves
Called-up share capital		100		100
Profit and loss account		100,302		203,366
Total shareholders' funds		100,402		203,466

For the financial 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.

Director's responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Skyfall 1 Limited (registered number: 10693569) were approved and authorised for issue by the Director on 23 December 2025. They were signed on its behalf by:

D Purkayastha Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Skyfall 1 Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Treviot House, 186-192 High Road, Ilford, IG1 1LR, United Kingdom.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

4 years straight line

Fixed asset investments

Fixed asset investments are stated at cost less impairment

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	3		1

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 April 2024	15,441		15,441
Additions	3,461		3,461
R/off	0		0
At 31 March 2025	18,902		18,902
Accumulated depreciation
At 01 April 2024	8,809		8,809
Charge for the financial year	3,614		3,614
At 31 March 2025	12,423		12,423
Net book value
At 31 March 2025	6,479		6,479
At 31 March 2024	6,632		6,632

4. Fixed asset investments

	Other investments		Total
	£		£
Cost or valuation before impairment
At 01 April 2024	1,044,661		1,044,661
Disposals	( 50,560)		( 50,560)
At 31 March 2025	994,101		994,101
Carrying value at 31 March 2025	994,101		994,101
Carrying value at 31 March 2024	1,044,661		1,044,661

5. Debtors

	2025		2024
	£		£
Other debtors	53,852		17,115

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	50,000		50,000
Trade creditors	2,512		713
Taxation and social security	1,917		138
Other creditors	841,514		707,305
	895,943		758,156

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	58,333		108,333

There are no amounts included above in respect of which any security has been given by the small entity.