Company Registration No. 05874801 (England and Wales)
The Skiff Ltd
Unaudited accounts
for the year ended 31 July 2025
The Skiff Ltd
Annual report and unaudited accounts
for the year ended 31 July 2025
The Skiff Ltd
Company Information
for the year ended 31 July 2025
Directors
J Markwell
A Markwell
Company Number
05874801 (England and Wales)
Registered Office
23 Lowther Rd
Brighton
BN1 6LF
Accountants
Simon Peters Associates Ltd
23 Lowther Rd
Brighton
E Sussex
BN1 6LF
The Skiff Ltd
Statement of Financial Position
as at 31 July 2025
Fixed assets
16,122
22,184
Current assets
32,990
34,898
Creditors: amounts falling due within one year
(15,384)
(32,133)
Net current assets
17,606
2,765
Total assets less current liabilities
33,728
24,949
Creditors: amounts falling due after more than one year
(110,224)
(102,971)
Accruals and deferred income
(2,950)
(12,572)
Net liabilities
(79,446)
(90,594)
Capital and reserves
(79,446)
(90,594)
The Skiff Ltd is a private company, limited by shares, registered in England and Wales, registration number 05874801. The registered office is 23 Lowther Rd, Brighton, BN1 6LF.
2 Guarantees and other financial commitments
Under the terms of a loan agreement dated 1/5/2018 between the Skiff and eight individuals and companies a total sum of £70,000 was advanced to the Skiff. The terms of the loan agreement stated that if the loans were paid within 5 years the lenders would be entitled to 150% of the value of their loans. If between 5-10 years they would be entitled to 200% of the value. Given the history of the business, its current position and the nature of the lenders’ association with it, we do not believe that lenders will insist on this provision. Hence no adjustment has been made in these accounts to reflect it.
3 Average number of employees
During the year the average number of employees was 0 (2024: 2).
The Skiff Ltd
Statement of Financial Position
as at 31 July 2025 (continued)
For the year ending 31 July 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 in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 10 April 2026
J Markwell
Director
Company Registration No. 05874801