SKI ELEMENTS LIMITED


Director	FOX, Paul Daniel


Registered Address	Sullivan Court Wessex Way
	Colden Common
	Winchester
	SO21 1WP


Registered Number	07370523 (England and Wales)

Balance Sheet as at
30 April 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Intangible assets	3		66,066		78,078
Tangible assets	4		51,431		30,322
			117,497		108,400
Current assets
Debtors		168,501		126,175
Cash at bank and on hand		478,043		344,570
		646,544		470,745
Creditors amounts falling due within one year	5	(875,724)		(629,811)
Net current assets (liabilities)			(229,180)		(159,066)
Total assets less current liabilities			(111,683)		(50,666)
Net assets			(111,683)		(50,666)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(111,783)		(50,766)
Shareholders' funds			(111,683)		(50,666)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 7 October 2026, and are signed on its behalf by:

FOX, Paul Daniel
Director
Registered Company No. 07370523

SKI ELEMENTS LIMITED

Notes to the Financial Statements
for the year ended 30 April 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Intangible assets are defined as an identifiable non-monetary asset without physical substance. Examples of intangible assets include goodwill, brand recognition, copyrights, patents, trademarks, trade names, and customer lists.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Fixtures and fittings	3
	Office Equipment	4

2.	Average number of employees


		2026		2025
	Average number of employees during the year	13		13

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 May 25	120,120	120,120
At 30 April 26	120,120	120,120
Amortisation and impairment
At 01 May 25	42,042	42,042
Charge for year	12,012	12,012
At 30 April 26	54,054	54,054
Net book value
At 30 April 26	66,066	66,066
At 30 April 25	78,078	78,078

4.	Tangible fixed assets

	Plant & machinery	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 May 25	59,527	11,223	70,750
Additions	33,685	4,172	37,857
At 30 April 26	93,212	15,395	108,607
Depreciation and impairment
At 01 May 25	34,697	5,731	40,428
Charge for year	13,231	3,517	16,748
At 30 April 26	47,928	9,248	57,176
Net book value
At 30 April 26	45,284	6,147	51,431
At 30 April 25	24,830	5,492	30,322

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	75,303	69,591
Bank borrowings and overdrafts	791	974
Taxation and social security	62,010	45,305
Other creditors	84,098	43,062
Accrued liabilities and deferred income	653,522	470,879
Total	875,724	629,811