Abbreviated Company Accounts - SKYGENIX LIMITED

Registered Number 08236668

SKYGENIX LIMITED

Abbreviated Accounts

31 October 2015

SKYGENIX LIMITED Registered Number 08236668

Abbreviated Balance Sheet as at 31 October 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	681	831
		681	831
Current assets
Debtors		5,465	-
Cash at bank and in hand		1,180	655
		6,645	655
Creditors: amounts falling due within one year		(2,144)	(1,899)
Net current assets (liabilities)		4,501	(1,244)
Total assets less current liabilities		5,182	(413)
Total net assets (liabilities)		5,182	(413)
Capital and reserves
Called up share capital		100	100
Profit and loss account		5,082	(513)
Shareholders' funds		5,182	(413)

For the year ending 31 October 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 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 21 November 2016

And signed on their behalf by:
RIMSHA IBRAHIM JANJUA, Director

SKYGENIX LIMITED Registered Number 08236668

Notes to the Abbreviated Accounts for the period ended 31 October 2015

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.

Plant and machinery 18% reducing balance

2Tangible fixed assets

	£
Cost
At 1 November 2014	1,185
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2015	1,185
Depreciation
At 1 November 2014	354
Charge for the year	150
On disposals	-
At 31 October 2015	504
Net book values
At 31 October 2015	681
At 31 October 2014	831