S.K. Interiors Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 03707008 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

FOR

S.K. INTERIORS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S J KILFORD

REGISTERED OFFICE:

202A HAVANT ROAD

DRAYTON

PORTSMOUTH

PO6 2EH

REGISTERED NUMBER:

03707008 (England and Wales)

ACCOUNTANTS:

Landi Accounting Limited

62 Stakes Road

Purbrook

Waterlooville

Hampshire

PO7 5NT

FIXED ASSETS

Tangible assets

4

29,144

35,836

CURRENT ASSETS

Debtors

5

23,021

37,472

Cash at bank

39,266

25,889

62,287

63,361

CREDITORS

Amounts falling due within one year

6

48,898

51,724

NET CURRENT ASSETS

13,389

11,637

TOTAL ASSETS LESS CURRENT LIABILITIES

42,533

47,473

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

42,531

47,471

SHAREHOLDERS' FUNDS

42,533

47,473

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 30 March 2023 and were signed by:

S J KILFORD - Director

1.	STATUTORY INFORMATION

S.K. Interiors Limited 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

-

25% on reducing balance

Computer equipment

-

33% on cost

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 2 (2021 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 July 2021

71,666

3,732

1,431

76,829

Additions

-

-

533

533

At 30 June 2022

71,666

3,732

1,964

77,362

DEPRECIATION

At 1 July 2021

35,830

3,732

1,431

40,993

Charge for year

7,166

-

59

7,225

At 30 June 2022

42,996

3,732

1,490

48,218

NET BOOK VALUE

At 30 June 2022

28,670

-

474

29,144

At 30 June 2021

35,836

-

-

35,836

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.22

30.6.21

£

£

Trade debtors

14,753

29,826

Other debtors

8,268

7,646

23,021

37,472

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.22

30.6.21

£

£

Trade creditors

505

1,057

Taxation and social security

2,567

(1,199

)

Other creditors

45,826

51,866

48,898

51,724