Company Registration No. 11852991 (England and Wales)
D-SKY LTD
Unaudited accounts
for the year ended 28 February 2023
D-SKY LTD
Unaudited accounts
Contents
D-SKY LTD
Company Information
for the year ended 28 February 2023
Director
Kehinde Olusegun Onasanya
Company Number
11852991 (England and Wales)
Registered Office
10 PIMMCROFT WAY
SALE
M33 2LA
UNITED KINGDOM
Accountants
Rawson Irekponor (BSc,MSc,MBA,MAAT,ACCA,FCCA)
Rawson & Co Accountants
Liverpool Innovation Park
Edge lane Liverpool
L7 9NJ
D-SKY LTD
Statement of financial position
as at 28 February 2023
Intangible assets
47,000
47,000
Tangible assets
7,136
9,370
Cash at bank and in hand
(21,922)
22,051
Creditors: amounts falling due within one year
(78,493)
(44,600)
Net current assets
68,869
57,451
Total assets less current liabilities
123,005
113,821
Creditors: amounts falling due after more than one year
(20,000)
(28,000)
Called up share capital
2
2
Share premium
90,000
90,000
Profit and loss account
13,003
(4,181)
Shareholders' funds
103,005
85,821
For the year ending 28 February 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 May 2023 and were signed on its behalf by
Kehinde Olusegun Onasanya
Director
Company Registration No. 11852991
D-SKY LTD
Notes to the Accounts
for the year ended 28 February 2023
D-SKY LTD is a private company, limited by shares, registered in England and Wales, registration number 11852991. The registered office is 10 PIMMCROFT WAY, SALE, M33 2LA, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Intangible fixed assets
Goodwill
At 28 February 2023
47,000
At 28 February 2023
47,000
At 28 February 2022
47,000
D-SKY LTD
Notes to the Accounts
for the year ended 28 February 2023
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2022
4,680
9,498
14,178
At 28 February 2023
4,680
9,498
14,178
At 1 March 2022
1,560
3,248
4,808
Charge for the year
780
1,454
2,234
At 28 February 2023
2,340
4,702
7,042
At 28 February 2023
2,340
4,796
7,136
At 28 February 2022
3,120
6,250
9,370
Amounts falling due within one year
Trade debtors
81,000
45,000
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
18,000
30,000
Taxes and social security
15,609
7,000
Proposed dividends
7,500
-
Loans from directors
14,100
-
8
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
10
Average number of employees
During the year the average number of employees was 12 (2022: 8).