Skylifter Limited - Abbreviated accounts 16.1

Skylifter Limited - Abbreviated accounts 16.1

LUFFSHIPS LIMITED - Company Information

Print Friendly Version

07140078 1.2.15 31.1.16 31.1.16 Company accounts Private Limited Company FY true false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure071400782015-01-31071400782016-01-31071400782015-02-012016-01-31071400782014-01-31071400782014-02-012015-01-31071400782015-01-3107140078ns12:England2015-02-012016-01-3107140078ns14:PoundSterling2015-02-012016-01-3107140078ns7:Director12015-02-012016-01-3107140078ns7:OrdinaryShareClass12015-02-012016-01-3107140078ns7:RegisteredOffice2015-02-012016-01-3107140078ns7:EntityAccountantsOrAuditors2015-02-012016-01-3107140078ns7:OrdinaryShareClass12016-01-3107140078ns7:OrdinaryShareClass12015-01-31
REGISTERED NUMBER: 07140078 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 31 January 2016

for

Skylifter Limited

Skylifter Limited (Registered number: 07140078)






Contents of the Abbreviated Accounts
for the Year Ended 31 January 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Skylifter Limited

Company Information
for the Year Ended 31 January 2016







DIRECTOR: J Fitton





REGISTERED OFFICE: 15 New Street
Stourport-On-Severn
Worcestershire
DY13 8UW





REGISTERED NUMBER: 07140078 (England and Wales)





ACCOUNTANTS: Midland Accountancy Group Limited
15 New Street
Stourport
Worcestershire
DY13 8UW
Page 1
Skylifter Limited (Registered number: 07140078)

Abbreviated Balance Sheet
31 January 2016

31.1.16 31.1.15
Notes £    £   
CURRENT ASSETS
Stocks 17,960 17,960
Cash in hand 543 24
18,503 17,984
CREDITORS
Amounts falling due within one year 35,003 36,362
NET CURRENT LIABILITIES (16,500 ) (18,378 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
(16,500
)
(18,378
)

CAPITAL AND RESERVES
Called up share capital 2 4 4
Profit and loss account (16,504 ) (18,382 )
SHAREHOLDERS' FUNDS (16,500 ) (18,378 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 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 31 October 2016 and were signed by:





J Fitton - Director


The notes form part of these abbreviated accounts

Page 2
Skylifter Limited (Registered number: 07140078)

Notes to the Abbreviated Accounts
for the Year Ended 31 January 2016

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 January 2015).

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for
obsolete and slow moving items.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date.

Financial support
The company is dependent upon a loan from the director, who has indicated that he will continue to
provide the financial support necessary to enable the company to continue in operational existence for
the foreseeable future. Accordingly, these financial statements have been prepared on the going
concern basis.

2. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.16 31.1.15
value: £    £   
4 Ordinary 1 4 4

Page 3