Skillcraft Limited
Skillcraft Limited
Registered number: 02044171
Unaudited Financial Statements
For The Year Ended 31 January 2018
Stevensons - Chartered Accountants
6 Sylvan Gardens
Surbiton
Surrey
KT6 6PP
Skillcraft Limited
Unaudited Financial Statements
For The Year Ended 31 January 2018
Unaudited Financial Statements
| Contents | |
| Page | |
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| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3—4 |
Skillcraft Limited
Balance Sheet
As at
31 January 2018
Balance Sheet
Registered number:
02044171
For the year ending 31 January 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 2018 | 2017 | ||||
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| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 3 |
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| CURRENT ASSETS | |||||
| Stocks | 4 |
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| Creditors: Amounts Falling Due Within One Year | 5 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 6 |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | 313 | 120,956 | |||
Page 1
Skillcraft Limited
Balance Sheet (continued)
As at
31 January 2018
Directors' responsibilities:
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The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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The notes on pages 3 to 4 form part of these financial statements.
Page 2
Skillcraft Limited
Notes to the Financial Statements
For The Year Ended 31 January 2018
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives. The directors have decided to write down the leasehold to a book value of £1,000.
1.3.
Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows:
| 2018 | 2017 | ||
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| Office and administration |
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3.
Tangible Assets
| Land & Property | |
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| Leasehold | |
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| Cost | |
| As at |
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| Depreciation | |
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| Provided during the period |
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| As at |
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| Net Book Value | |
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Page 3
Skillcraft Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 January 2018
4.
Stocks
| 2018 | 2017 | ||
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| £ | £ | ||
| Bar Stocks |
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5.
Creditors: Amounts Falling Due Within One Year
| 2018 | 2017 | ||
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| £ | £ | ||
| Directors' loan accounts |
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6.
Share Capital
| 2018 | 2017 | ||
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| Allotted, Called up and fully paid |
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7.
Ultimate Controlling Party
There is no ultimate controlling party by virtue of the ownership of more than 50% of the issued share capital in the company
8.
General Information
Skillcraft Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02044171 . The registered office is 143 A/B Coach House Mews, Gladstone Road, SW19 1QS.
Page 4