S K Waste Services Ltd - Period Ending 2026-03-31

Registration number: 14701565

S K Waste Services Ltd

trading as S K Waste Services Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2026

S K Waste Services Ltd

trading as S K Waste Services Limited

Contents

Company Information	1
Director's Report	2
Accountants' Report	3
Profit and Loss Account	4
Statement of Comprehensive Income	5
Balance Sheet	6
Notes to the Unaudited Financial Statements	7 to 12
iXBRL Detailed Profit and Loss Account	13

S K Waste Services Ltd

trading as S K Waste Services Limited

Company Information

Director

S K Mahi

Company secretary

S K Mahi

Registered office

128
City Road
London
United Kingdom
EC1 2NX

Accountants

Equitax Limited 20
Wenlock Road
London
N1 7GU

S K Waste Services Ltd

trading as S K Waste Services Limited

Director's Report for the Year Ended 31 March 2026

The director presents his report and the financial statements for the year ended 31 March 2026.

Director of the company

The director who held office during the year and up to the date of signature was as follows:

S K Mahi - Company secretary and director

Principal activity

The principal activity of the company continued to be that of that of collection and treatment of other waste..

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 13 July 2026

.........................................
S K Mahi
Company secretary and director

Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
S K Waste Services Ltd

trading as S K Waste Services Limited
for the Year Ended 31 March 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of S K Waste Services Ltd for the year ended 31 March 2026 as set out on pages 4 to 12 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Accounting Technicians, we are subject to its ethical and other professional requirements which are detailed at https://www.aat.org.uk/membership/standards-requirements/professional-ethics.

This report is made solely to the Board of Directors of S K Waste Services Ltd, as a body, in accordance with the terms of our engagement letter dated 15 December 2025. Our work has been undertaken solely to prepare for your approval the accounts of S K Waste Services Ltd and state those matters that we have agreed to state to the Board of Directors of S K Waste Services Ltd, as a body. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than S K Waste Services Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that S K Waste Services Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of S K Waste Services Ltd. You consider that S K Waste Services Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of S K Waste Services Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Equitax Limited
20
Wenlock Road
London
N1 7GU

13 July 2026

S K Waste Services Ltd

trading as S K Waste Services Limited

Profit and Loss Account for the Year Ended 31 March 2026

	Note	2026 £	2025 £
Turnover		48,636	31,557
Cost of sales		(15,341)	(9,934)
Gross profit		33,295	21,623
Administrative expenses		(26,483)	(26,534)
Operating profit/(loss)		6,812	(4,911)
Profit/(loss) before tax	4	6,812	(4,911)
Profit/(loss) for the financial year		6,812	(4,911)

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

S K Waste Services Ltd

trading as S K Waste Services Limited

Statement of Comprehensive Income for the Year Ended 31 March 2026

	2026 £	2025 £
Profit/(loss) for the year	6,812	(4,911)
Total comprehensive income for the year	6,812	(4,911)

S K Waste Services Ltd

trading as S K Waste Services Limited

(Registration number: 14701565)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	1,116	1,288
Current assets
Cash at bank and in hand		2,833	916
Creditors: Amounts falling due within one year	6	(9,421)	(14,488)
Net current liabilities		(6,588)	(13,572)
Net liabilities		(5,472)	(12,284)
Capital and reserves
Called up share capital	7	2	2
Retained earnings		(5,474)	(12,286)
Shareholders' deficit		(5,472)	(12,284)

For the financial 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.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the director on 13 July 2026

.........................................
S K Mahi
Company secretary and director

S K Waste Services Ltd

trading as S K Waste Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
128
City Road
London
EC1 2NX
United Kingdom

These financial statements were authorised for issue by the director on 13 July 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

S K Waste Services Ltd

trading as S K Waste Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods here the revision affects both current and future
periods..

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Contract revenue recognition

The nature, timing of satisfaction of performance obligations and significant payment terms of the company's
major sources of revenue are as follows:

Revenue from contracts for the provision of professional services is recognised by reference to the stage of
completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The
stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff
rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue
is recognised only to the extent of the expenses recognised that are recoverable.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Motor Vehicle	33% Reducing Balance Method
Office Equipment	33% Straight Line Method

S K Waste Services Ltd

trading as S K Waste Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2025 - 1).

4	Profit/loss before tax

Arrived at after charging/(crediting)

	2026 £	2025 £
Depreciation expense	552	1,582

S K Waste Services Ltd

trading as S K Waste Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

5	Tangible assets

Office equipment
£

Motor vehicles
£

Total
£

Cost or valuation

At 1 April 2025

-

2,870

2,870

Additions

380

-

380

At 31 March 2026

380

2,870

3,250

Depreciation

At 1 April 2025

-

1,582

1,582

Charge for the year

127

425

552

At 31 March 2026

127

2,007

2,134

Carrying amount

At 31 March 2026

253

863

1,116

At 31 March 2025

-

1,288

1,288

6

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	-	500
Taxation and social security	508	-
Accruals and deferred income	800	-
Other creditors	8,113	13,988
	9,421	14,488

7	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary of £1 each	2	2	2	2

S K Waste Services Ltd

trading as S K Waste Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

8	Related party transactions

Dividends totaling £0 (2025: £0) were paid in the year in respect of shares held by the company's directors.
As at the year end date, the directors had a credit balance of £8,020.38 (2025: £13,234) on their directors' current account.
This amount is interest free and is included in other creditors falling due within one year.

S K Waste Services Ltd

trading as S K Waste Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Director's remuneration

The director's remuneration for the year was as follows:

	2026 £	2025 £
Remuneration	8,384	12,576

S K Waste Services Ltd

trading as S K Waste Services Limited

iXBRL Detailed Profit and Loss Account for the Year Ended 31 March 2026

	2026 £	2025 £
Turnover/revenue	48,636	31,557
Cost of sales
Purchase of raw materials and consumables	(15,341)	(9,934)
Gross profit	33,295	21,623
Distribution costs
Administrative expenses
Audit and accountancy other services	(1,500)	(1,100)
Advertising, promotions and marketing costs	(528)	-
Rent, rates and services costs	(312)	-
Other repairs and maintenance costs	(1,345)	(574)
Depreciation of fixed assets	(552)	(1,582)
Vehicle costs	(6,914)	(4,325)
Other staff costs excluding directors	-	(63)
Salaries and fees, directors	(8,384)	(12,576)
Social security costs, directors	(507)	-
Staff costs, directors	(8,891)	(12,576)
Travel and subsistence	(3,364)	(1,827)
Bank charges	(191)	(109)
Insurance costs	(2,172)	(2,408)
IT and computing	(282)	(565)
Telecommunications	(68)	(144)
Printing, postage and stationery	(19)	(100)
Charitable donations	-	(10)
Subscriptions	-	(283)
Fines and penalties	-	(65)
Other costs	(345)	(803)
Other operating income
Other items
Profit/(loss) for the financial year	6,812	(4,911)

	Office equipment £	Motor vehicles £	Total £
Cost or valuation
At 1 April 2025	-	2,870	2,870
Additions	380	-	380
At 31 March 2026	380	2,870	3,250
Depreciation
At 1 April 2025	-	1,582	1,582
Charge for the year	127	425	552
At 31 March 2026	127	2,007	2,134
Carrying amount
At 31 March 2026	253	863	1,116
At 31 March 2025	-	1,288	1,288