Blue Sky Finance (Cornwall) Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07197414 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2015

for

Blue Sky Finance (Cornwall) Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

B Leach

REGISTERED OFFICE:

Maritime House

Discovery Quay

Falmouth

Cornwall

TR11 3XA

REGISTERED NUMBER:

07197414 (England and Wales)

ACCOUNTANTS:

Briants Chartered Accountants

Maritime House

Discovery Quay

Falmouth

Cornwall

TR11 3XA

FIXED ASSETS

Tangible assets

2

2,430

639

CURRENT ASSETS

Debtors

903

-

Cash at bank

58,532

28,395

59,435

28,395

CREDITORS

Amounts falling due within one year

24,833

14,355

NET CURRENT ASSETS

34,602

14,040

TOTAL ASSETS LESS CURRENT LIABILITIES

37,032

14,679

PROVISIONS FOR LIABILITIES

486

128

NET ASSETS

36,546

14,551

CAPITAL AND RESERVES

Called up share capital

3

125

125

Share premium

100

100

Profit and loss account

36,321

14,326

SHAREHOLDERS' FUNDS

36,546

14,551

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 16 October 2015 and were signed by:

B Leach - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

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

-

20% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

1,637

Additions

2,385

At 31 March 2015

4,022

DEPRECIATION

At 1 April 2014

998

Charge for year

594

At 31 March 2015

1,592

NET BOOK VALUE

At 31 March 2015

2,430

At 31 March 2014

639

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

1

100

100

25

Ordinary B

1

25

25

125

125