REGISTERED NUMBER: 05295669 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

Skywide Design Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs R Kelly

A Kelly

REGISTERED OFFICE:

Second Floor

2 Walsworth Road

Hitchin

Hertfordshire

SG4 9SP

REGISTERED NUMBER:

05295669 (England and Wales)

ACCOUNTANTS:

D and E Accountancy Ltd

Tax Advisors and Accountants

2nd Floor, 2 Walsworth Road

Hitchin

Hertfordshire

SG4 9SP

FIXED ASSETS

Tangible assets

4

28,921

20,471

CURRENT ASSETS

Stocks

6,498

14,650

Debtors

5

35,470

108,968

Cash at bank

11,586

26,847

53,554

150,465

CREDITORS

Amounts falling due within one year

6

67,408

123,664

NET CURRENT (LIABILITIES)/ASSETS

(13,854

)

26,801

TOTAL ASSETS LESS CURRENT LIABILITIES

15,067

47,272

CREDITORS

Amounts falling due after more than one year

7

(8,973

)

(16,825

)

PROVISIONS FOR LIABILITIES

8

(5,494

)

(5,424

)

NET ASSETS

600

25,023

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

10

598

25,021

SHAREHOLDERS' FUNDS

600

25,023

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

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 28 August 2026 and were signed on its behalf by:

A Kelly - Director

1.	STATUTORY INFORMATION

Skywide Design 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.

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

-

20% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 December 2024

52,393

Additions

15,680

At 30 November 2025

68,073

DEPRECIATION

At 1 December 2024

31,922

Charge for year

7,230

At 30 November 2025

39,152

NET BOOK VALUE

At 30 November 2025

28,921

At 30 November 2024

20,471

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

16,980

44,054

Other debtors

18,490

64,914

35,470

108,968

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans and overdrafts

12,595

9,672

Trade creditors

8,208

-

Taxation and social security

25,426

47,743

Other creditors

21,179

66,249

67,408

123,664

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans

8,973

16,825

8.	PROVISIONS FOR LIABILITIES

30.11.25

30.11.24

£

£

Deferred tax

5,494

5,424

Deferred

tax

£

Balance at 1 December 2024

5,424

Charge to Income Statement during year

70

Balance at 30 November 2025

5,494

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.25

30.11.24

value:

£

£

2

Ordinary

£1

2

2

10.

RESERVES

Retained

earnings

£

At 1 December 2024

25,021

Profit for the year

71,872

Dividends

(96,295

)

At 30 November 2025

598

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2025 and 30 November 2024:

30.11.25

30.11.24

£

£

A Kelly

Balance outstanding at start of year

65,000

42,400

Amounts advanced

18,500

65,000

Amounts repaid

(65,000

)

(42,400

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

18,500

65,000

The Director repaid his temporary borrowing of £18,500 shortly after the year end.

12.	ULTIMATE CONTROLLING PARTY

The company is under the joint control of the directors.