BLUESKY_33_LIMITED - Accounts

BLUESKY 33 LIMITED - Company Information

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Financial Statements

Company Registration No. 08144491 (England and Wales)

BLUESKY 33 LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

Financial Statements

BLUESKY 33 LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

Financial Statements

BLUESKY 33 LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

2,219

1,839

Current assets

Debtors

16,782

25,313

Cash at bank and in hand

86,912

53,327

103,694

78,640

Creditors: amounts falling due within one year

(42,033)

(35,598)

Net current assets

61,661

43,042

Total assets less current liabilities

63,880

44,881

Capital and reserves

Called up share capital

100

Profit and loss account

63,780

44,781

Shareholders' funds

63,880

44,881

For the financial year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 2 October 2015

Mr M J Cranfield

Director

Company Registration No. 08144491

Financial Statements

BLUESKY 33 LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for services net of VAT.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

Straight line 20%

Fixtures, fittings & equipment

Straight line 20%

Fixed assets

Tangible assets

Cost

At 1 April 2014

2,545

Additions

955

At 31 March 2015

3,500

Depreciation

At 1 April 2014

706

Charge for the year

575

At 31 March 2015

1,281

Net book value

At 31 March 2015

2,219

At 31 March 2014

1,839

Financial Statements

BLUESKY 33 LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2015

- 3 -

Transactions with directors

The following directors had loans during the year. The movement on these loans are as follows:

Amount outstanding

Maximum

2015

2014

in year

Mr M J Cranfield director's current account

782

8,313

8,511

The balance on the directors loan account will be paid within 9 months after the year end.

Share capital

2015

2014

Allotted, called up and fully paid

100 ordinary shares of £1 each

100