Abbreviated Company Accounts - BLUE SKY PROMOTIONS LIMITED

Abbreviated Company Accounts - BLUE SKY PROMOTIONS LIMITED


Registered Number 03417350

BLUE SKY PROMOTIONS LIMITED

Abbreviated Accounts

31 August 2016

BLUE SKY PROMOTIONS LIMITED Registered Number 03417350

Abbreviated Balance Sheet as at 31 August 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 1,557 2,076
1,557 2,076
Current assets
Debtors 9,742 23,146
Cash at bank and in hand 25,780 6,858
35,522 30,004
Creditors: amounts falling due within one year (36,607) (37,377)
Net current assets (liabilities) (1,085) (7,373)
Total assets less current liabilities 472 (5,297)
Total net assets (liabilities) 472 (5,297)
Capital and reserves
Called up share capital 3 2 2
Profit and loss account 470 (5,299)
Shareholders' funds 472 (5,297)
  • For the year ending 31 August 2016 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 27 September 2016

And signed on their behalf by:
G E Slocombe, Director

BLUE SKY PROMOTIONS LIMITED Registered Number 03417350

Notes to the Abbreviated Accounts for the period ended 31 August 2016

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.

Office equipment 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 September 2015 9,533
Additions -
Disposals -
Revaluations -
Transfers -
At 31 August 2016 9,533
Depreciation
At 1 September 2015 7,457
Charge for the year 519
On disposals -
At 31 August 2016 7,976
Net book values
At 31 August 2016 1,557
At 31 August 2015 2,076
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
2 Ordinary shares of £1 each 2 2