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Company Registration No. SC360493 (Scotland)
Skivo Consulting Limited Unaudited accounts for the year ended 30 June 2025
Skivo Consulting Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Skivo Consulting Limited Company Information for the year ended 30 June 2025
Directors
Mhairi Howse Tim Howse
Company Number
SC360493 (Scotland)
Registered Office
5 South Charlotte Street Edinburgh EH2 4AN Scotland
Accountants
Warwick McArdle 55 Ellerton Road London SW18 3NQ
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Skivo Consulting Limited Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
-
984
Current assets
Debtors
5
-
9,435
Cash at bank and in hand
38,065
154,141
38,065
163,576
Creditors: amounts falling due within one year
6
163
(29,244)
Net current assets
38,228
134,332
Total assets less current liabilities
38,228
135,316
Provisions for liabilities
Deferred tax
-
(186)
Net assets
38,228
135,130
Capital and reserves
Called up share capital
7
111
111
Profit and loss account
38,117
135,019
Shareholders' funds
38,228
135,130
For the year ending 30 June 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 directors acknowledge their 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 of Directors and authorised for issue on 20 February 2026 and were signed on its behalf by
Tim Howse Director Company Registration No. SC360493
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Skivo Consulting Limited Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
Skivo Consulting Limited is a private company, limited by shares, registered in Scotland, registration number SC360493. The registered office is 5 South Charlotte Street, Edinburgh, EH2 4AN, Scotland.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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:
Computer equipment
3 years straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Skivo Consulting Limited Notes to the Accounts for the year ended 30 June 2025
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 July 2024
5,376
At 30 June 2025
5,376
Depreciation
At 1 July 2024
4,392
Charge for the year
984
At 30 June 2025
5,376
Net book value
At 30 June 2025
-
At 30 June 2024
984
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
-
9,435
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
(221)
4,893
Taxes and social security
-
23,522
Loans from directors
58
829
(163)
29,244
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary A shares of £1 each
100
100
11 Ordinary B shares of £1 each
11
11
111
111
8
Loans to directors
At the end of the year the company owed the directors £58 (2024 £829).
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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