Company registration number 04314487 (England and Wales)
S K CONTRACTING (YORKSHIRE) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
PAGES FOR FILING WITH REGISTRAR
S K CONTRACTING (YORKSHIRE) LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 7
S K CONTRACTING (YORKSHIRE) LIMITED
BALANCE SHEET
AS AT
31 OCTOBER 2025
31 October 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
418,978
408,555
Current assets
Stocks
30,677
33,479
Debtors
5
95,794
130,548
Cash at bank and in hand
7,556
13,541
134,027
177,568
Creditors: amounts falling due within one year
6
(103,050)
(109,776)
Net current assets
30,977
67,792
Total assets less current liabilities
449,955
476,347
Creditors: amounts falling due after more than one year
7
(47,398)
(53,815)
Net assets
402,557
422,532
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
402,457
422,432
Total equity
402,557
422,532
S K CONTRACTING (YORKSHIRE) LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 OCTOBER 2025
31 October 2025
- 2 -

For the financial year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 28 July 2026 and are signed on its behalf by:
Mrs M A Knowlson
Mr S R Knowlson
Director
Director
Company registration number 04314487 (England and Wales)
S K CONTRACTING (YORKSHIRE) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
- 3 -
1
Accounting policies
Company information

S K Contracting (Yorkshire) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Beechcroft, Sutton, Thirsk, North Yorkshire, YO7 2QA.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Revenue

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

1.3
Tangible fixed assets

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

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
2% straight line
Plant and equipment
25% reducing balance
Fixtures and fittings
25% reducing balance
Computers
33% reducing balance
Motor vehicles
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

S K CONTRACTING (YORKSHIRE) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
1
Accounting policies
(Continued)
- 4 -
1.5
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.8
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

S K CONTRACTING (YORKSHIRE) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
1
Accounting policies
(Continued)
- 5 -

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.9
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

1.10
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.11
Leases
As lessor

When the company acts as a lessor, a lease is classified as a finance lease whenever it transfers substantially all the risks and rewards of ownership of the underlying asset to the lessee, either at the end of the lease term or for the major part of the economic life of the asset. All other leases are classified as operating leases. If an arrangement contains both lease and non-lease components, the company allocates the consideration in the contract to the two elements.

Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight line basis over the lease term.

2
Judgements and 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 where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
8
8
S K CONTRACTING (YORKSHIRE) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 6 -
4
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 November 2024
452,886
87,574
540,460
Additions
-
0
29,246
29,246
At 31 October 2025
452,886
116,820
569,706
Depreciation and impairment
At 1 November 2024
54,137
77,768
131,905
Depreciation charged in the year
9,058
9,765
18,823
At 31 October 2025
63,195
87,533
150,728
Carrying amount
At 31 October 2025
389,691
29,287
418,978
At 31 October 2024
398,749
9,806
408,555
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
51,983
42,892
Other debtors
43,811
87,656
95,794
130,548
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
8,528
8,849
Trade creditors
15,552
8,035
Taxation and social security
-
0
14,399
Other creditors
78,970
78,493
103,050
109,776

Bank loans are secured on the asset to which the liability relates.

7
Creditors: amounts falling due after more than one year
2025
2024
Notes
£
£
Bank loans and overdrafts
47,398
53,815
S K CONTRACTING (YORKSHIRE) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
7
Creditors: amounts falling due after more than one year
(Continued)
- 7 -

Bank loans are secured on the asset to which the liability relates.

2025-10-31 2024-11-01 false false false 28 July 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mrs M A Knowlson Mr S R Knowlson Mrs M A Knowlson 04314487 2024-11-01 2025-10-31 04314487 2025-10-31 04314487 2024-10-31 04314487 core:LandBuildings 2025-10-31 04314487 core:OtherPropertyPlantEquipment 2025-10-31 04314487 core:LandBuildings 2024-10-31 04314487 core:OtherPropertyPlantEquipment 2024-10-31 04314487 core:CurrentFinancialInstruments core:WithinOneYear 2025-10-31 04314487 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 04314487 core:Non-currentFinancialInstruments core:AfterOneYear 2025-10-31 04314487 core:Non-currentFinancialInstruments core:AfterOneYear 2024-10-31 04314487 core:CurrentFinancialInstruments 2025-10-31 04314487 core:CurrentFinancialInstruments 2024-10-31 04314487 core:ShareCapital 2025-10-31 04314487 core:ShareCapital 2024-10-31 04314487 core:RetainedEarningsAccumulatedLosses 2025-10-31 04314487 core:RetainedEarningsAccumulatedLosses 2024-10-31 04314487 bus:CompanySecretaryDirector1 2024-11-01 2025-10-31 04314487 bus:Director1 2024-11-01 2025-10-31 04314487 core:LandBuildings core:OwnedOrFreeholdAssets 2024-11-01 2025-10-31 04314487 core:PlantMachinery 2024-11-01 2025-10-31 04314487 core:FurnitureFittings 2024-11-01 2025-10-31 04314487 core:ComputerEquipment 2024-11-01 2025-10-31 04314487 core:MotorVehicles 2024-11-01 2025-10-31 04314487 2023-11-01 2024-10-31 04314487 core:LandBuildings 2024-10-31 04314487 core:OtherPropertyPlantEquipment 2024-10-31 04314487 2024-10-31 04314487 core:LandBuildings 2024-11-01 2025-10-31 04314487 core:OtherPropertyPlantEquipment 2024-11-01 2025-10-31 04314487 core:Non-currentFinancialInstruments 2025-10-31 04314487 core:Non-currentFinancialInstruments 2024-10-31 04314487 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 04314487 bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 04314487 bus:FRS102 2024-11-01 2025-10-31 04314487 bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 04314487 bus:Director2 2024-11-01 2025-10-31 04314487 bus:CompanySecretary1 2024-11-01 2025-10-31 04314487 bus:FullAccounts 2024-11-01 2025-10-31 xbrli:pure xbrli:shares iso4217:GBP