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Company Registration No. SC417133 (Scotland)
SKH Logistics (UK) Limited Unaudited accounts for the year ended 28 February 2025
SKH Logistics (UK) Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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SKH Logistics (UK) Limited Company Information for the year ended 28 February 2025
Directors
James MacMillan Thomas Clark
Company Number
SC417133 (Scotland)
Registered Office
27 Newmill Gardens Shotts ML7 5DU GB
Accountants
McKinnon & Co Ltd ACPA 33 Newmarket Street Ayr Ayrshire KA7 1LL
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SKH Logistics (UK) Limited Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
991,264
419,045
Current assets
Debtors
5
736,544
932,920
Cash at bank and in hand
886,137
1,104,933
1,622,681
2,037,853
Creditors: amounts falling due within one year
6
(869,002)
(1,421,393)
Net current assets
753,679
616,460
Total assets less current liabilities
1,744,943
1,035,505
Creditors: amounts falling due after more than one year
7
(168,961)
(125,782)
Net assets
1,575,982
909,723
Capital and reserves
Called up share capital
100
100
Capital contribution reserve
214,587
214,587
Profit and loss account
1,361,295
695,036
Shareholders' funds
1,575,982
909,723
For the year ending 28 February 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 5 November 2025 and were signed on its behalf by
James MacMillan Director Company Registration No. SC417133
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SKH Logistics (UK) Limited Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
SKH Logistics (UK) Limited is a private company, limited by shares, registered in Scotland, registration number SC417133. The registered office is 27 Newmill Gardens, Shotts, ML7 5DU, GB.
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.
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% Reducing
Motor vehicles
25% Reducing
Computer equipment
25% Reducing
4
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 March 2024
-
949,127
2,291
951,418
Additions
550,000
126,980
-
676,980
At 28 February 2025
550,000
1,076,107
2,291
1,628,398
Depreciation
At 1 March 2024
-
530,739
1,634
532,373
Charge for the year
-
104,597
164
104,761
At 28 February 2025
-
635,336
1,798
637,134
Net book value
At 28 February 2025
550,000
440,771
493
991,264
At 29 February 2024
-
418,388
657
419,045
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SKH Logistics (UK) Limited Notes to the Accounts for the year ended 28 February 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
735,044
932,420
Other debtors
1,500
500
736,544
932,920
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
352,276
311,498
Trade creditors
280,029
799,446
Taxes and social security
236,697
110,449
Other creditors
-
200,000
869,002
1,421,393
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
168,578
122,403
Loans from directors
383
3,379
168,961
125,782
8
Average number of employees
During the year the average number of employees was 19 (2024: 14).
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