SKYLON CONSTRUCTION LIMITED - Filleted accounts

Registered number

09720017

SKYLON CONSTRUCTION LIMITED

Filleted Accounts

31 August 2025

SKYLON CONSTRUCTION LIMITED
Registered number:		09720017
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		33,242			42,477
Investments	5		50,000			-
			83,242			42,477

Current assets
Stocks		379,004			407,275
Debtors	6	241,162			94,170
Cash at bank and in hand		73,317			288,217
		693,483			789,662

Creditors: amounts falling due within one year	7	(526,641)			(552,589)

Net current assets			166,842			237,073

Total assets less current liabilities			250,084			279,550

Creditors: amounts falling due after more than one year	8		(109,622)			(151,897)
Provisions for liabilities			(8,311)			(10,619)

Net assets			132,151			117,034

Capital and reserves
Called up share capital			100			100
Profit and loss account			132,051			116,934

Shareholders' funds			132,151			117,034

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr P Tarasek
Director
Approved by the board on 18 May 2026

SKYLON CONSTRUCTION LIMITED
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Taxation					2025		2024
£							£

	UK corporation tax on profits of the period					36,210		62,525
	Deferred taxation					(2,308)		(2,065)
						33,902		60,460


3	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					8		6


4	Tangible fixed assets
								Plant and machinery etc
£
	Cost
	At 1 September 2024							99,803
	Additions							2,818
	At 31 August 2025							102,621

	Depreciation
	At 1 September 2024							57,326
	Charge for the year							12,053
	At 31 August 2025							69,379

	Net book value
	At 31 August 2025							33,242
	At 31 August 2024							42,477




5	Investments
Other
investments
£
	Cost
	Additions							50,000

	At 31 August 2025							50,000


6	Debtors					2025		2024
£							£

	Trade debtors					140,023		20,384
	Director's account					62,338		30,680
	Other debtors					38,801		43,106
						241,162		94,170


7	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					45,328		43,684
	Trade creditors					243,688		306,045
	Corporation tax					103,394		67,329
	Other taxes and social security costs					16,768		(22,715)
	Other creditors					117,463		158,246
						526,641		552,589


8	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					109,622		151,897


9	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mr P Tarasek
	Director's overdrawn account	30,680		62,338		(30,680)		62,338

		30,680		62,338		(30,680)		62,338

	The director's overdrawn balance was repaid within nine months from balance sheet date.


10	Other information

	SKYLON CONSTRUCTION LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	31 Roe Hill Close
	Hatfield
	Hertfordshire
	AL10 9JE