Blue Skys Solutions Ltd - Period Ending 2015-06-30

Registration number: 05235067

Blue Skys Solutions Ltd

Unaudited Abbreviated Accounts

for the Year Ended 30 June 2015
 

Opus Accounting Limited
2b The Votec Centre
Hambridge Lane
Newbury
Berkshire
RG14 5TN

Blue Skys Solutions Ltd
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 3) have been prepared.

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Blue Skys Solutions Ltd
for the Year Ended 30 June 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Blue Skys Solutions Ltd for the year ended 30 June 2015 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the Board of Directors of Blue Skys Solutions Ltd, as a body, in accordance with the terms of our engagement letter dated 1 March 2010 . Our work has been undertaken solely to prepare for your approval the accounts of Blue Skys Solutions Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Blue Skys Solutions Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Blue Skys Solutions Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Blue Skys Solutions Ltd. You consider that Blue Skys Solutions Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Blue Skys Solutions Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Opus Accounting Limited
2b The Votec Centre
Hambridge Lane
Newbury
Berkshire
RG14 5TN

31 March 2015

Page 1

Blue Skys Solutions Ltd
(Registration number: 05235067)
Abbreviated Balance Sheet at 30 June 2015

		Note			30 June 2015 £			30 June 2014 £
Current assets
Debtors					27,172			29,320
Cash at bank and in hand					5,705			2,559
					32,877			31,879
Creditors: Amounts falling due within one year					(9,359)			(6,405)
Net assets					23,518			25,474
Capital and reserves
Called up share capital		2			98			98
Profit and loss account					23,420			25,376
Shareholders' funds					23,518			25,474

For the year ending 30 June 2015 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 director acknowledges his 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 director on 31 March 2015

.........................................
Mr Karl Mead
Director

The notes on page 3 form an integral part of these financial statements.
Page 2

Blue Skys Solutions Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 June 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or variation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Motor vehicles	25% RB

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Share capital

Allotted, called up and fully paid shares

	30 June 2015						30 June 2014
		No.			£			No.			£
Ordinary of £1 each		98			98			98			98

Page 3