Skills Made Simple Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 15455868

		31 March 2026		31 March 2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		121		241

			121		241
CURRENT ASSETS
Debtors	5	144		2,121
Cash at bank and in hand		4,499		5,892

		4,643		8,013
Creditors: Amounts Falling Due Within One Year	6	(4,594 )		(7,660 )

NET CURRENT ASSETS (LIABILITIES)			49		353

TOTAL ASSETS LESS CURRENT LIABILITIES			170		594

NET ASSETS			170		594

CAPITAL AND RESERVES
Called up share capital	7		2		2
Profit and Loss Account			168		592

SHAREHOLDERS' FUNDS			170		594

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Skills Made Simple Ltd

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr A Cuthbert

Director

3 June 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Skills Made Simple Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15455868 . The registered office is 3 Augustine Close, Stone, ST15 8XX.

2. Accounting Policies

2.1. Basis of Preparation of 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts and rebates.

Services

When the outcome of a transaction can be estimated reliably, turnover from business coaching is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to the date the service is provided.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.

Computer Equipment

3 years straight line

2.4. 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 balance sheet date.

2.5. Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

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Skills Made Simple Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 April 2025	362

As at 31 March 2026	362

Depreciation
As at 1 April 2025	121
Provided during the period	120

As at 31 March 2026	241

Net Book Value
As at 31 March 2026	121

As at 1 April 2025	241

5. Debtors

	31 March 2026	31 March 2025
	£	£
Due within one year
Prepayments and accrued income	116	90
VAT	28	-
Directors' loan accounts	-	2,031

	144	2,121

6. Creditors: Amounts Falling Due Within One Year

	31 March 2026	31 March 2025
	£	£
Corporation tax	-	94
Other taxes and social security	-	4,835
VAT	-	1,126
Accruals and deferred income	1,167	1,605
Directors' loan accounts	3,427	-

	4,594	7,660

7. Share Capital

	31 March 2026	31 March 2025
Allotted, called up and fully paid	£	£
2 Ordinary Shares of £ 1.00 each	2	2

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Skills Made Simple Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

8. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2026
	£	£	£	£	£
Mr Richard Ness	1,697	-	1,697	-	-
Mr Adrian Cuthbert	332	-	332	-	-

The above loans are provided interest free and are repayable on demand.

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