REGISTERED NUMBER: 08402431 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2026

for

SKEGGY GIFT COMPANY LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Director:

Mrs J M Simpson

Registered office:

52 Sunningdale Drive

Skegness

Lincolnshire

PE25 1AY

Registered number:

08402431 (England and Wales)

Accountants:

Haines Watts

23 Algitha Road

Skegness

United Kingdom

PE25 2AG

Current assets

Stocks

4,050

11,200

Debtors

4

1,078

2,107

Cash at bank and in hand

7,680

2,985

12,808

16,292

Creditors

Amounts falling due within one year

5

9,594

16,026

Net current assets

3,214

266

Total assets less current liabilities

3,214

266

Capital and reserves

Called up share capital

100

100

Retained earnings

3,114

166

3,214

266

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 May 2026 and were signed by:

Mrs J M Simpson - Director

1.	Statutory information

Skeggy Gift Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

3.	Employees and directors

The average number of employees during the year was 2 (2025 - 2 ) .

4.

Debtors: amounts falling due within one year

2026

2025

£

£

Other debtors

1,078

2,107

5.

Creditors: amounts falling due within one year

2026

2025

£

£

Taxation and social security

1,735

-

Other creditors

7,859

16,026

9,594

16,026