Registration number: 03470509

Skillnet Services Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 7

Skillnet Services Limited

Company Information

Director

J Adams

Registered office

24 Aubrey Meads Bitton Bristol BS30 6LQ

Accountants

Burton Sweet Limited Chartered Accountants and Business AdvisorsThe Clock Tower 5 Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1UR

Skillnet Services Limited

(Registration number: 03470509)
Balance Sheet
28 February 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	-	17
Current assets
Debtors	5	-	797
Cash at bank and in hand		858	972
		858	1,769
Creditors: Amounts falling due within one year	6	(1,919)	(2,370)
Net current liabilities		(1,061)	(601)
Net liabilities		(1,061)	(584)
Capital and reserves
Called up share capital		2	2
Retained earnings		(1,063)	(586)
Shareholders' deficit		(1,061)	(584)

Skillnet Services Limited

(Registration number: 03470509)
Balance Sheet
28 February 2025

For the financial period ending 28 February 2025 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 period 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 28 August 2026
 

......................................... J Adams Director

Skillnet Services Limited

Notes to the Unaudited Financial Statements
Period from 29 February 2024 to 28 February 2025

1	General information

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

The address of its registered office is:
24 Aubrey Meads
Bitton
Bristol
BS30 6LQ

These financial statements were authorised for issue by the director on 28 August 2026.

2	Accounting policies

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.

Going concern

The director has a reasonable expectation that the company has sufficient resources to continue for the foreseeable future with the continuing support of the director.

The accounts have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities.

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.

Skillnet Services Limited

Notes to the Unaudited Financial Statements
Period from 29 February 2024 to 28 February 2025

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
Plant and Machinery	33.3% reducing balance

3	Staff numbers

The average number of persons employed by the company (including the director) during the period, was 0 (2024 - 0).

Skillnet Services Limited

Notes to the Unaudited Financial Statements
Period from 29 February 2024 to 28 February 2025

4	Tangible assets

	Plant and machinery £
Cost or valuation
At 29 February 2024	332
Disposals	(332)
At 28 February 2025	-
Depreciation
At 29 February 2024	315
Eliminated on disposal	(315)
At 28 February 2025	-
Carrying amount
At 28 February 2025	-
At 28 February 2024	17

5

Debtors

Current	2025 £	2024 £
Other debtors	-	797
	-	797

Skillnet Services Limited

Notes to the Unaudited Financial Statements
Period from 29 February 2024 to 28 February 2025

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	-	1,080
Taxation and social security	-	790
Accruals and deferred income	390	420
Other creditors	1,529	80
	1,919	2,370