Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-282023-02-28false2022-03-01No description of principal activity33truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03711475 2022-03-01 2023-02-28 03711475 2021-03-01 2022-02-28 03711475 2023-02-28 03711475 2022-02-28 03711475 c:Director2 2022-03-01 2023-02-28 03711475 d:OtherPropertyPlantEquipment 2022-03-01 2023-02-28 03711475 d:OtherPropertyPlantEquipment 2023-02-28 03711475 d:OtherPropertyPlantEquipment 2022-02-28 03711475 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2022-03-01 2023-02-28 03711475 d:CurrentFinancialInstruments 2023-02-28 03711475 d:CurrentFinancialInstruments 2022-02-28 03711475 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 03711475 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-28 03711475 d:ShareCapital 2023-02-28 03711475 d:ShareCapital 2022-02-28 03711475 d:RetainedEarningsAccumulatedLosses 2023-02-28 03711475 d:RetainedEarningsAccumulatedLosses 2022-02-28 03711475 c:OrdinaryShareClass1 2022-03-01 2023-02-28 03711475 c:OrdinaryShareClass1 2023-02-28 03711475 c:OrdinaryShareClass1 2022-02-28 03711475 c:FRS102 2022-03-01 2023-02-28 03711475 c:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 03711475 c:FullAccounts 2022-03-01 2023-02-28 03711475 c:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 03711475 6 2022-03-01 2023-02-28 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 03711475









SKYVIEW HOLDINGS LIMITED

FILLETED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023







































 
SKYVIEW HOLDINGS LIMITED
REGISTERED NUMBER: 03711475

BALANCE SHEET
AS AT 28 FEBRUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,164
2,885

Investments
 5 
10
10

  
2,174
2,895

Current assets
  

Debtors: amounts falling due within one year
 6 
41,322
90

Cash at bank and in hand
 7 
16,951
67,189

  
58,273
67,279

Creditors: amounts falling due within one year
 8 
(2,000)
(10,681)

Net current assets
  
 
 
56,273
 
 
56,598

  

Net assets
  
58,447
59,493


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
  
58,347
59,393

  
58,447
59,493


Page 1

 
SKYVIEW HOLDINGS LIMITED
REGISTERED NUMBER: 03711475
    
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 



................................................
I E Cunningham
Director

Date: 9 November 2023

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
SKYVIEW HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1.


General information

Skyview Holdings Limited is a private company limited by shares and is incorporated in England. Company number 03711475.
The address of its registered office is Greenwood House, Greenwood Court, Skyliner Way, Bury St Edmunds, Suffolk, IP32 7GY.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
SKYVIEW HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

2.Accounting policies (continued)

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Other fixed assets
-
10% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.5

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2022 - 3).

Page 4

 
SKYVIEW HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

4.


Tangible fixed assets





Other fixed assets

£



Cost or valuation


At 1 March 2022
7,213



At 28 February 2023

7,213



Depreciation


At 1 March 2022
4,328


Charge for the year on owned assets
721



At 28 February 2023

5,049



Net book value



At 28 February 2023
2,164



At 28 February 2022
2,885

Page 5

 
SKYVIEW HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 March 2022
10



At 28 February 2023
10





6.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
40,544
-

Other debtors
688
-

Called up share capital not paid
90
90

41,322
90



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
16,951
67,189



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
-
5,067

Other taxation and social security
-
1,974

Other creditors
2,000
3,640

2,000
10,681


Page 6

 
SKYVIEW HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

9.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1.00 each
100
100



10.


Related party transactions

The company is under the control of its directors, who are the majority shareholders.
During the year the company was charged rent of £8,500 (2022 - £6,640) to Skyview Systems Limited Retirement and Death Benefit Scheme. At the year end there is an amount of £2,000 (2022 - £3,640) due to the scheme. A director is a trustee and member of the scheme.

 
Page 7