SKR (MIDLANDS) LTD - Filleted accounts

Registered number

12942668

SKR (MIDLANDS) LTD

Filleted Accounts

31 October 2025

SKR (MIDLANDS) LTD
Registered number:		12942668
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets			77,000			77,000
Tangible assets			4,124			4,124
			81,124			81,124

Current assets
Stocks		10,641			10,641
Debtors	3	5,250			5,250
Cash at bank and in hand		14,135			14,135
		30,026			30,026

Creditors: amounts falling due within one year	4	(82,982)			(82,982)

Net current liabilities			(52,956)			(52,956)

Net assets			28,168			28,168

Capital and reserves
Called up share capital			100			100
Profit and loss account			28,068			28,068

Shareholders' funds			28,168			28,168

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mrs Kawaljit Kaur Chohan
Director
Approved by the board on 29 October 2026

SKR (MIDLANDS) LTD
Notes to the Accounts
for the year ended 31 October 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	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. 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	15% Reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		2		2


3	Debtors		2025		2024
£				£

	Other debtors		5,250		5,250


4	Creditors: amounts falling due within one year		2025		2024
£				£

	Director loan		39,430		39,430
	Taxation and social security costs		8,552		8,552
	Other creditors		35,000		35,000
			82,982		82,982


5	Other information

	SKR (MIDLANDS) LTD is a private company limited by shares and incorporated in England. Its registered office is:
	203 Birchfield Road
	Aston
	Birmingham
	B19 1LL