Registered number
13401420
SKS PARTNERS LTD
Filleted Accounts
31 March 2026

SKS PARTNERS LTD
Registered number: | 13401420
Balance Sheet
as at 31 March 2026
Notes |  |  | 2026 |  |  | 2025
£ | £
Fixed assets
Investments | 3 |  |  | 1,032,052 |  |  | 449,978
Current assets
Debtors | 4 |  | - |  |  | 4,746
Cash at bank and in hand |  |  | 1,637 |  |  | 54
|  |  | 1,637 |  |  | 4,800
Creditors: amounts falling due within one year | 5 |  | (125,669) |  |  | (35,420)
Net current liabilities |  |  |  | (124,032) |  |  | (30,620)
Total assets less current liabilities |  |  |  | 908,020 |  |  | 419,358
Creditors: amounts falling due after more than one year | 6 |  |  | (772,198) |  |  | (304,795)
Net assets |  |  |  | 135,822 |  |  | 114,563
Capital and reserves
Called up share capital |  |  |  | 2 |  |  | 2
Profit and loss account |  |  |  | 135,820 |  |  | 114,561
Shareholders' funds |  |  |  | 135,822 |  |  | 114,563
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.
Dr Sachin Soni
Director
Approved by the board on 16 July 2026

SKS PARTNERS LTD
Notes to the Accounts
for the year ended 31 March 2026
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 (as applied to small entities by section 1A of the standard).
| 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.
| Tangible fixed assets
| Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
| Freehold buildings | over 50 years
| Leasehold land and buildings | over the lease term
| Plant and machinery | over 5 years
| Fixtures, fittings, tools and equipment | over 5 years
| Stocks
| Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
| 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.
2 | Employees | 2026 |  | 2025
Number | Number
| Average number of persons employed by the company | 0 |  | 0
3 | Investments
Investments in
subsidiary | Other
undertakings | investments | Total
£ | £ | £
| Cost
| At 1 April 2025 | 449,978 |  | - |  | 449,978
| Additions | - |  | 582,074 |  | 582,074
| At 31 March 2026 | 449,978 |  | 582,074 |  | 1,032,052
4 | Debtors | 2026 |  | 2025
£ | £
| Other debtors | - |  | 4,746
5 | Creditors: amounts falling due within one year | 2026 |  | 2025
£ | £
| Bank loans and overdrafts | 33,000 |  | 20,000
| Other creditors | 92,669 |  | 15,420
|  |  |  |  |  | 125,669 |  | 35,420
6 | Creditors: amounts falling due after one year | 2026 |  | 2025
£ | £
| Bank loans | 772,198 |  | 304,795
7 | Loans | 2026 |  | 2025
£ | £
| Creditors include:
| Instalments falling due for payment after more than five years | 640,198 |  | 224,795
| Secured bank loans | 805,198 |  | 324,795
| Bank loans are secured via a fixed charge over assets of the company.
8 | Other information
| SKS PARTNERS LTD is a private company limited by shares and incorporated in England. Its registered office is:
| 6a Radcliffe Road
| West Bridgford
| Nottingham
| England
| NG2 5FW

SKS PARTNERS LTD 13401420 false 2025-04-01 2026-03-31 2026-03-31 VT Final Accounts May 2026 Dr Sachin Soni No description of principal activity 13401420 2024-04-01 2025-03-31 13401420 core:WithinOneYear 2025-03-31 13401420 core:AfterOneYear 2025-03-31 13401420 core:ShareCapital 2025-03-31 13401420 core:RetainedEarningsAccumulatedLosses 2025-03-31 13401420 2025-04-01 2026-03-31 13401420 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 13401420 bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 13401420 bus:Director40 2025-04-01 2026-03-31 13401420 countries:England 2025-04-01 2026-03-31 13401420 bus:FRS102 2025-04-01 2026-03-31 13401420 bus:FilletedAccounts 2025-04-01 2026-03-31 13401420 2026-03-31 13401420 core:WithinOneYear 2026-03-31 13401420 core:AfterOneYear 2026-03-31 13401420 core:ShareCapital 2026-03-31 13401420 core:RetainedEarningsAccumulatedLosses 2026-03-31 13401420 core:AdditionsToInvestments 2026-03-31 13401420 2025-03-31 iso4217:GBP xbrli:pure