SKM CLARK GROUP LTD


Director	Steven David Clark


Registered Address	195 Queensferry Road
	Rosyth
	KY11 2JH


Registered Number	SC680182 (Scotland)

Balance Sheet as at
31 March 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Investments	3		250		250
			250		250
Current assets
Debtors	4,5	89,311		29,000
Cash at bank and on hand		1,468		8,738
		90,779		37,738
Creditors amounts falling due within one year	6	(46,217)		(313)
Net current assets (liabilities)			44,562		37,425
Total assets less current liabilities			44,812		37,675
Creditors amounts falling due after one year	7		(16,244)		(6,050)
Net assets			28,568		31,625
Capital and reserves
Called up share capital			100		100
Profit and loss account			28,468		31,525
Shareholders' funds			28,568		31,625

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 21 October 2026, and are signed on its behalf by:

Steven David Clark
Director
Registered Company No. SC680182

SKM CLARK GROUP LTD

Notes to the Financial Statements
for the year ended 31 March 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. 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 accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Dividend income
	Dividend income is recognised when the right to receive payment is established.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Cash and cash equivalents
	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less.

Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	1		1

3.	Fixed asset investments

	Investments in groups¹	Total
	£	£
Cost or valuation
At 01 April 25	250	250
At 31 March 26	250	250
Net book value
At 31 March 26	250	250
At 31 March 25	250	250

	Notes
	¹Investments in group undertakings and participating interests

4.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	-	16,500
Total	-	16,500

5.	Debtors: amounts due after one year

	2026	2025
	£	£
Amounts owed by group undertakings	89,311	12,500
Total	89,311	12,500

6.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	45,691	313
Taxation and social security	526	-
Total	46,217	313

7.	Creditors: amounts due after one year

	2026	2025
	£	£
Amounts owed to related parties	16,244	6,050
Total	16,244	6,050

8.	Share capital
	Until 31 May 2025, Castleblair Group Limited and SKM Clark Group Limited each held 50% of TIW Network Limited and Apex Property Management & Investments Limited. Under a separation agreement effective on that date, the two shareholders exchanged their holdings for no cash consideration. Following the exchange, TIW Network Limited is wholly owned by SKM Clark Group Limited and Apex Property Management & Investments Limited is wholly owned by Castleblair Group Limited. Samuel Dyer resigned as a director of TIW Network Limited, and Steven Clark resigned as a director of Apex Property Management & Investments Limited. Inchwood Limited remains jointly owned by Samuel Dyer and Steven Clark.

Share capital

Until 31 May 2025, Castleblair Group Limited and SKM Clark Group Limited each held 50% of TIW Network Limited and Apex Property Management & Investments Limited. Under a separation agreement effective on that date, the two shareholders exchanged their holdings for no cash consideration. Following the exchange, TIW Network Limited is wholly owned by SKM Clark Group Limited and Apex Property Management & Investments Limited is wholly owned by Castleblair Group Limited. Samuel Dyer resigned as a director of TIW Network Limited, and Steven Clark resigned as a director of Apex Property Management & Investments Limited. Inchwood Limited remains jointly owned by Samuel Dyer and Steven Clark.