REGISTERED NUMBER: 15576244 (England and Wales)

SKAKO CONCRETE LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

6

DIRECTOR:

Mr R B Jensen

REGISTERED OFFICE:

Unit 26 Willow Road

Trent Lane Ind Est

Castle Donington

Leicestershire

DE74 2NP

REGISTERED NUMBER:

15576244 (England and Wales)

AUDITORS:

Johnson Tidsall Limited

Chartered Accountants

& Statutory Auditor

81 Burton Road

Derby

Derbyshire

DE1 1TJ

FIXED ASSETS

Tangible assets

4

12,658

-

CURRENT ASSETS

Stocks

5

149,488

-

Debtors

6

150,501

285

Cash in hand

-

100

299,989

385

CREDITORS

Amounts falling due within one year

7

593,198

4,405

NET CURRENT LIABILITIES

(293,209

)

(4,020

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(280,551

)

(4,020

)

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

(280,651

)

(4,120

)

SHAREHOLDERS' FUNDS

(280,551

)

(4,020

)

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director and authorised for issue on 28 July 2026 and were signed by:

Mr R B Jensen - Director

1.	STATUTORY INFORMATION

SKAKO Concrete Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Financial reporting standard 102 - reduced disclosure exemptions

The company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

- the requirements of Section 7 Statement of Cash Flows

Going concern

The financial statements have been prepared on a going concern basis. The company incurred a loss for the year and had net liabilities at the balance sheet date. Although the company has reported a loss for the year ended 31 October 2025, this is considered to be largely attributable to the start-up and set-up costs incurred during the company's first year of trading, together with the initial low level of activity as operations became established. On this basis, whilst the historic loss-making position has been considered as part of the going concern assessment, forecasts support the expectation that the losses are not expected to continue.

The company is dependent on the continued financial support of its parent company, SKAKO Concrete A/S. SKAKO Concrete A/S has provided a letter of financial support to the company.

The directors have therefore concluded that it is appropriate to prepare the financial statements on a going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on the dispatch of goods.

Included in turnover is sales commission. Sales commission income represents amounts receivable from group companies in respect of sales, marketing, customer relationship management and support provided by the company in relation to UK-based customers and projects.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, 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.

Debtors

Short term debtors are measured at transaction price, less any impairment.

Creditors

Short term creditors are measured at the transaction price.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

Additions

14,263

At 31 October 2025

14,263

DEPRECIATION

Charge for year

1,605

At 31 October 2025

1,605

NET BOOK VALUE

At 31 October 2025

12,658

5.

STOCKS

2025

2024

£

£

Stocks

149,488

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

99,869

-

Amounts owed by group undertakings

41,355

-

Other debtors

5,756

-

VAT

-

285

Prepayments and accrued income

3,521

-

150,501

285

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

120,054

-

Trade creditors

10,151

1,710

Amounts owed to group undertakings

410,189

-

Social security and other taxes

18,075

-

VAT

5,860

-

Other creditors

6,217

-

Accruals and deferred income

22,652

2,695

593,198

4,405

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdraft

120,054

-

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

David Mellor FCA (Senior Statutory Auditor)

for and on behalf of Johnson Tidsall Limited

11.	OTHER FINANCIAL COMMITMENTS

The company had operating lease commitments at the year end amounting to £48,854 (2024:£nil).

12.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions within the group.

Skako Concrete Limited is a wholly owned subsidiary of Skako Concrete A/S registered in Denmark. Consolidated financial statements are publicly available at https://datacvr.virk.dk/

The ultimate holding company is Zefyr Invest I A/S, incorporated in Denmark.