smallAccCompHo_0921.xslt
Company Registration No. 10924720 (England and Wales)
SKINNER PROPERTY INVESTMENTS LTD
Financial Statements
for the Period from 01 September 2024 to 31 August 2025

SKINNER PROPERTY INVESTMENTS LTD

Financial Statements for the period ending 31 August 2025

CONTENTS PAGE
Company Information 2
Statement of Financial Position 3
Notes to the Accounts 4
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SKINNER PROPERTY INVESTMENTS LTD

Financial Statements for the period ending 31 August 2025

Company Information

Company Details
Company Number 10924720
Registered Office 12 SALISBURY ROAD
MANSFIELD
NOTTINGHAMSHIRE
NG19 6EY
Directors
Directors who held office during the period were:
Brian Mark SKINNER   
John Mark SKINNER   
Matthew William SKINNER   
Paula SKINNER   
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SKINNER PROPERTY INVESTMENTS LTD

Financial Statements for the period ending 31 August 2025

Statement of Financial Position

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Notes 2025 2024
£ £
Fixed Assets
Tangible assets 5 1,938 167
Investment Properties 6 1,154,700 1,137,600
Current Assets
Debtors due 1,029 1,754
Cash at bank and in hand 2,507 1,885
3,536 3,639
Creditors
Amount falling due within one year (786,001) (778,615)
Net Current Assets (782,465) (774,976)
Total Assets less current liabilities 374,173 362,791
Creditors due after more than one year (119,454) (131,359)
Provision for liabilities (63,679) (57,806)
Net Assets 191,040 173,626
Capital and Reserves
Called up Share Capital 1 1
Revaluation Reserve 231,137 218,312
Retained earnings at end of year (40,098) (44,687)
Shareholder funds 191,040 173,626
For the year ending 31/08/2025 the company was entitled to exemption 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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).
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 provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
Approved by the Board on 31 May 2026
J M Skinner
Company Registration No. 10924720
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SKINNER PROPERTY INVESTMENTS LTD

Financial Statements for the period ending 31 August 2025

Notes to the Accounts

1. Statutory Information
SKINNER PROPERTY INVESTMENTS LTD is a private company, limited by shares, registered in England and Wales, registration number 10924720.
2. Accounting Policies
Basis of preparing the Financial Statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.The following principal accounting policies have been applied:
Presentation Currency
The accounts are presented in £ sterling.
Turnover
Turnover represents rental income receivable from the letting of residential properties during the year.Rental income is recognised on a straight-line basis over the period of the tenancy agreement and is recognised when the company is entitled to receive the income, the amount can be measured reliably, and it is probable that the economic benefits associated with the transaction will flow to the company.Income received in advance of the period to which it relates is included within creditors as deferred income and released to the profit and loss account over the period of the tenancy. Rental income accrued but not yet invoiced or received at the reporting date is included within debtors.
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SKINNER PROPERTY INVESTMENTS LTD

Financial Statements for the period ending 31 August 2025

Notes to the Accounts

Tangible Fixed Asset Policy
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location necessary for it to be capable of operating in a manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a straight line basis. Depreciation is provided on the following basis: Computer equipment 33.33%. The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively is appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the process with the carrying amount and are recognised in profit or loss.
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SKINNER PROPERTY INVESTMENTS LTD

Financial Statements for the period ending 31 August 2025

Notes to the Accounts

Deferred Tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more, tax.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 tax rates and laws that have been enacted or substantively enacted by the balance sheet date and that are expected to apply to the reversal of the timing difference.Deferred tax is measured on a non-discounted basis.
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SKINNER PROPERTY INVESTMENTS LTD

Financial Statements for the period ending 31 August 2025

Notes to the Accounts

3. Employees
Average number of employees, including directors, during the year was as follows:
2025 4
2024 4
4. Principal Activity
The principal activity of the company is the letting of residential real estate.
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SKINNER PROPERTY INVESTMENTS LTD

Financial Statements for the period ending 31 August 2025

Notes to the Accounts

5. Fixed Assets
Computer Equipment Total
Cost or valuation £ £
At 01/09/2024 499 499
Additions 2,906 2,906
At 31/08/2025 3,405 3,405
Depreciation
At 01/09/2024 332 332
Charge for the year 1,135 1,135
At 31/08/2025 1,467 1,467
Net Book Value
At 31/08/2025 1,938 1,938
At 31/08/2024 167 167
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SKINNER PROPERTY INVESTMENTS LTD

Financial Statements for the period ending 31 August 2025

Notes to the Accounts

6. Investment Properties
2025 2024
£ £
Valuation at 01/09/2024 1,137,600 1,123,200
Additions - -
Disposals - -
Transfered (to)/from tangible fixed assets - -
Fair Value adjustments 17,100 14,400
Valuation at 31/08/2025 1,154,700 1,137,600
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