Abbreviated Company Accounts - SKYGENIX LIMITED

Registered Number 08236668

SKYGENIX LIMITED

Abbreviated Accounts

31 October 2014

SKYGENIX LIMITED Registered Number 08236668

Abbreviated Balance Sheet as at 31 October 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	831	688
		831	688
Current assets
Cash at bank and in hand		655	355
		655	355
Creditors: amounts falling due within one year		(1,899)	(2,250)
Net current assets (liabilities)		(1,244)	(1,895)
Total assets less current liabilities		(413)	(1,207)
Total net assets (liabilities)		(413)	(1,207)
Capital and reserves
Called up share capital		100	100
Profit and loss account		(513)	(1,307)
Shareholders' funds		(413)	(1,207)

For the year ending 31 October 2014 the company was entitled to exemption 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 July 2015

And signed on their behalf by:
Muhammad Ibrahim, Director

SKYGENIX LIMITED Registered Number 08236668

Notes to the Abbreviated Accounts for the period ended 31 October 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

2Tangible fixed assets

	£
Cost
At 1 November 2013	860
Additions	325
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2014	1,185
Depreciation
At 1 November 2013	172
Charge for the year	182
On disposals	-
At 31 October 2014	354
Net book values
At 31 October 2014	831
At 31 October 2013	688