Blue Sky Property Solutions South East L - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10409291 (England and Wales)

Financial Statements

for the Period

4 October 2016 to 31 October 2017

for

BLUE SKY PROPERTY SOLUTIONS SOUTH EAST

LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr A Sharman

SECRETARY:

Mrs K M Sharman

REGISTERED OFFICE:

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

REGISTERED NUMBER:

10409291 (England and Wales)

ACCOUNTANTS:

Jeff Lermer & Associates

Chartered Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

FIXED ASSETS

Tangible assets

4

5,362

CURRENT ASSETS

Debtors

5

5,927

Cash at bank

31,842

37,769

CREDITORS

Amounts falling due within one year

6

19,401

NET CURRENT ASSETS

18,368

TOTAL ASSETS LESS CURRENT LIABILITIES

23,730

CAPITAL AND RESERVES

Called up share capital

7

2

Retained earnings

8

23,728

SHAREHOLDERS' FUNDS

23,730

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 19 July 2018 and were signed by:

Mr A Sharman - Director

1.	STATUTORY INFORMATION

Blue Sky Property Solutions South East Ltd is a private company, limited by shares ,

registered in England and Wales. The company's registered number and registered office

address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on cost

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income

Statement, except to the extent that it relates to items recognised in other comprehensive

income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that

have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in

periods different from those in which they are recognised in financial statements. Deferred

tax is measured using tax rates and laws that have been enacted or substantively enacted

by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it

is probable that they will be recovered against the reversal of deferred tax liabilities or other

future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over

the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.	TANGIBLE FIXED ASSETS

Plant and

machiner

£

COST

Additions

7,150

At 31 October 2017

7,150

DEPRECIATION

Charge for period

1,788

At 31 October 2017

1,788

NET BOOK VALUE

At 31 October 2017

5,362

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

3,888

VAT

2,039

5,927

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Amounts owed to group undertakings

544

Tax

4,527

Directors' current accounts

1,061

Accruals and deferred income

11,491

Accrued expenses

1,778

19,401

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

A Class Ordinary

£1

1

1

B Class Ordinary

£1

1

2

The following shares were issued during the period for cash at par :

1 A Class Ordinary share of £1

1 B Class Ordinary share of £1

8.

RESERVES

Retained

earnings

£

Profit for the period

23,728

At 31 October 2017

23,728

9.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £544 to Blue Sky Security System Limited, a

company in which Andrew Sharman is director.