Abbreviated Company Accounts - BLUE SKY INDUSTRIES EUROPE LTD

Abbreviated Company Accounts - BLUE SKY INDUSTRIES EUROPE LTD


Registered Number 08500190

BLUE SKY INDUSTRIES EUROPE LTD

Abbreviated Accounts

31 December 2013

BLUE SKY INDUSTRIES EUROPE LTD Registered Number 08500190

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013
£
Fixed assets
Tangible assets 2 6,282
6,282
Current assets
Stocks 18,234
Debtors 11,600
Cash at bank and in hand 1,708
31,542
Creditors: amounts falling due within one year (68,170)
Net current assets (liabilities) (36,628)
Total assets less current liabilities (30,346)
Total net assets (liabilities) (30,346)
Capital and reserves
Called up share capital 3 100
Profit and loss account (30,446)
Shareholders' funds (30,346)
  • For the year ending 31 December 2013 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 26 November 2014

And signed on their behalf by:
Fred Yue, Director

BLUE SKY INDUSTRIES EUROPE LTD Registered Number 08500190

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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 April 2008.

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
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 20% straight line

2Tangible fixed assets
£
Cost
Additions 10,145
Disposals -
Revaluations -
Transfers -
At 31 December 2013 10,145
Depreciation
Charge for the year 3,863
On disposals -
At 31 December 2013 3,863
Net book values
At 31 December 2013 6,282
3Called Up Share Capital
Allotted, called up and fully paid:
2013
£
100 Ordinary shares of £1 each 100