REGISTERED NUMBER: 03177212 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Skyline Promotions Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Carolan

S Dillon

S Wilkinson

SECRETARY:

D Carolan

REGISTERED OFFICE:

22 Wessex Park

Bancombe Business Estate

Somerton

Somerset

TA11 6SB

REGISTERED NUMBER:

03177212 (England and Wales)

ACCOUNTANTS:

Somerset Accountancy Services Ltd

22 Wessex Park

Bancombe Business Estate

Somerton

Somerset

TA11 6SB

FIXED ASSETS

Intangible assets

4

25,550

51,100

Tangible assets

5

37,275

44,544

62,825

95,644

CURRENT ASSETS

Debtors

289,891

124,373

Cash at bank and in hand

406,833

462,338

696,724

586,711

CREDITORS

Amounts falling due within one year

582,915

632,730

NET CURRENT ASSETS/(LIABILITIES)

113,809

(46,019

)

TOTAL ASSETS LESS CURRENT LIABILITIES

176,634

49,625

CREDITORS

Amounts falling due after more than one year

6

(21,140

)

(26,653

)

PROVISIONS FOR LIABILITIES

8

(8,311

)

(9,907

)

NET ASSETS

147,183

13,065

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

147,181

13,063

SHAREHOLDERS' FUNDS

147,183

13,065

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 3 July 2026 and were signed on its behalf by:

D Carolan - Director

1.	STATUTORY INFORMATION

Skyline Promotions Ltd 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 10% on reducing balance

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2025

and 31 December 2025

127,750

AMORTISATION

At 1 January 2025

76,650

Amortisation for year

25,550

At 31 December 2025

102,200

NET BOOK VALUE

At 31 December 2025

25,550

At 31 December 2024

51,100

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2025

and 31 December 2025

229,895

DEPRECIATION

At 1 January 2025

185,351

Charge for year

7,269

At 31 December 2025

192,620

NET BOOK VALUE

At 31 December 2025

37,275

At 31 December 2024

44,544

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

31.12.25

31.12.24

£

£

Repayable by instalments

BBL > 5 yrs

-

4,595

7.

LOANS

An analysis of the maturity of loans is given below:

31.12.25

31.12.24

£

£

Amounts falling due within one year or on demand:

BBL < 1 yrs

5,514

5,514

Amounts falling due between one and two years:

BBL 1 - 2 yrs

5,514

5,514

Amounts falling due between two and five years:

BBL 2- 5 yrs

15,626

16,544

Amounts falling due in more than five years:

Repayable by instalments

BBL > 5 yrs

-

4,595

8.	PROVISIONS FOR LIABILITIES

31.12.25

31.12.24

£

£

Deferred tax

Accelerated capital allowances

8,311

9,907

Deferred

tax

£

Balance at 1 January 2025

9,907

Provision movement

(1,596

)

Rate movement

Balance at 31 December 2025

8,311

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

2

Ordinary

£1

2

2

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

£

D Carolan

Balance outstanding at start of year

24,250

(2,138

)

Amounts advanced

164,000

125,700

Amounts repaid

(70,653

)

(99,312

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

117,597

24,250

S Dillon

Balance outstanding at start of year

(14,350

)

(27,138

)

Amounts advanced

114,000

112,100

Amounts repaid

(73,591

)

(99,312

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

26,059

(14,350

)

S Wilkinson

Balance outstanding at start of year

(4,760

)

(4,226

)

Amounts advanced

49,028

45,528

Amounts repaid

(44,312

)

(46,062

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(44

)

(4,760

)

11.	RELATED PARTY DISCLOSURES

As at the balance sheet date the net amount due to a fellow subsidiary Skyline Tour Operations Limited was £19,092 (2024: £69,029)

During the period the company made and received various payments from/to Skyline Events Limited, the group holding company. As at the balance sheet date the net amount due to Skyline Events Limited was £16,681 (2024: £16,681).

The company has provided a loan of £25,000 to Ronin Ventures Ltd, a company controlled by a director. During the period, Ronin Ventures Ltd did not make any repayments. At the balance sheet date, the net amount due from Ronin Ventures Ltd was £11,400 (2024: £11,400).

The controlling party is Skyline Events Ltd.