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Company Registration No. 11508608 (England and Wales)
SKY Engineering Services Ltd Unaudited accounts for the year ended 31 August 2023
SKY Engineering Services Ltd Unaudited accounts Contents
Page
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SKY Engineering Services Ltd Company Information for the year ended 31 August 2023
Director
Elsaid Adele Elsaid Mohamed
Company Number
11508608 (England and Wales)
Registered Office
4 HOLLOWAY ROAD LONDON E6 3PE UNITED KINGDOM
Accountants
KM Accountancy Services Ltd Association of Internaional Accountants 1000 Great West Rd United Business Centre Brentford, London TW8 9DW
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SKY Engineering Services Ltd Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
28,948 
- 
Current assets
Debtors
16,664 
23,377 
Cash at bank and in hand
59,891 
74,419 
76,555 
97,796 
Creditors: amounts falling due within one year
(66,080)
(72,047)
Net current assets
10,475 
25,749 
Total assets less current liabilities
39,423 
25,749 
Creditors: amounts falling due after more than one year
(16,865)
(20,037)
Net assets
22,558 
5,712 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
22,458 
5,612 
Shareholders' funds
22,558 
5,712 
For the year ending 31 August 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 30 October 2023 and were signed on its behalf by
Elsaid Adele Elsaid Mohamed Director Company Registration No. 11508608
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SKY Engineering Services Ltd Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
SKY Engineering Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 11508608. The registered office is 4 HOLLOWAY ROAD, LONDON, E6 3PE, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Motor vehicles
20% straight line basis
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 September 2022
- 
Additions
32,164 
At 31 August 2023
32,164 
Depreciation
Charge for the year
3,216 
At 31 August 2023
3,216 
Net book value
At 31 August 2023
28,948 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
16,664 
18,148 
Other debtors
- 
5,229 
16,664 
23,377 
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SKY Engineering Services Ltd Notes to the Accounts for the year ended 31 August 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
8,659 
8,859 
VAT
5,544 
6,559 
Obligations under finance leases and hire purchase contracts
5,472 
- 
Trade creditors
21,205 
26,743 
Taxes and social security
5,200 
5,673 
Proposed dividends
20,000 
20,000 
Accruals
- 
4,213 
66,080 
72,047 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
11,378 
20,037 
Obligations under finance leases and hire purchase contracts
5,487 
- 
16,865 
20,037 
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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