SKY BLUE YORK LTD.

Company Registration Number:
13389214 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

SKY BLUE YORK LTD.

Contents of the Financial Statements

for the Period Ended 31 May 2023

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

SKY BLUE YORK LTD.

Company Information

for the Period Ended 31 May 2023




Registered office: 16
Barbican Road
York
England
YO10 5AA
Company Registration Number: 13389214 (England and Wales)

SKY BLUE YORK LTD.

Profit and Loss Account

for the Period Ended 31 May 2023


Notes

2023
£
13 months to
31 May 2022
£
Turnover 83,564 78,565
Cost of sales ( 42,656 ) ( 36,545 )
Gross Profit or (Loss) 40,908 42,020
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 28,185 ) ( 28,554 )
Administrative Expenses ( 11,545 ) ( 12,452 )
Operating Profit or (Loss) 1,178 1,014
Interest Payable and Similar Charges ( 485 ) ( 865 )
Profit or (Loss) Before Tax 693 149
Tax on Profit ( 138 ) ( 28 )
Profit or (Loss) for Period 555 121

The notes form part of these financial statements

SKY BLUE YORK LTD.

Balance sheet

As at 31 May 2023


Notes

2023
£
13 months to
31 May 2022
£
Fixed assets
Intangible assets: 4 19,800 19,500
Tangible assets: 5 10,478 10,000
Total fixed assets: 30,278 29,500
Current assets
Stocks: 6,522 5,214
Debtors: 6 3,564 3,210
Cash at bank and in hand: 1,350 1,002
Total current assets: 11,436 9,426
Prepayments and accrued income: 652 525
Creditors: amounts falling due within one year: 7 ( 9,842 ) ( 8,516 )
Net current assets (liabilities): 2,246 1,435
Total assets less current liabilities: 32,524 30,935
Creditors: amounts falling due after more than one year: 8 ( 9,842 ) ( 8,516 )
Provision for liabilities: ( 31,651 ) ( 35,990 )
Accruals and deferred income: ( 254 ) ( 7,424 )
Total net assets (liabilities): ( 9,223 ) ( 20,995 )

The notes form part of these financial statements

SKY BLUE YORK LTD.

Balance sheet continued

As at 31 May 2023


Notes

2023
£
13 months to
31 May 2022
£
Capital and reserves
Called up share capital: 5,391 7,451
Revaluation reserve: 9 ( 2,961 ) ( 16,274 )
Profit and loss account: ( 11,653 ) ( 12,172 )
Shareholders funds: ( 9,223 ) ( 20,995 )

For the year ending 31 May 2023 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 28 November 2023
And Signed On Behalf Of The Board By:

Name: kheng chooi koay
Status: Director

The notes form part of these financial statements

SKY BLUE YORK LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SKY BLUE YORK LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees


    2023
    13 months to
    31 May 2022
    Average number of employees during the period 5 5

SKY BLUE YORK LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 3. Off balance sheet disclosure

    No

SKY BLUE YORK LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Intangible assets

Goodwill Total
Cost £ £
At 01 June 2022 20,000 20,000
Additions 4,500 4,500
Disposals ( 5,150 ) ( 5,150 )
Revaluations 0 0
Transfers 1,000 1,000
At 31 May 2023 20,350 20,350
Amortisation
Amortisation at 01 June 2022 500 500
Charge for year 1,412 1,412
On disposals ( 2,800 ) ( 2,800 )
Other adjustments 1,438 1,438
Amortisation at 31 May 2023 550 550
Net book value
Net book value at 31 May 2023 19,800 19,800
Net book value at 31 May 2022 19,500 19,500

SKY BLUE YORK LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2023

5. Tangible assets

Fixtures & fittings Total
Cost £ £
At 01 June 2022 16,540 16,540
Additions 1,542 1,542
Disposals ( 2,151 ) ( 2,151 )
Revaluations 1,654 1,654
Transfers 465 465
At 31 May 2023 18,050 18,050
Depreciation
At 01 June 2022 6,540 6,540
Charge for year 2,521 2,521
On disposals ( 1,544 ) ( 1,544 )
Other adjustments 55 55
At 31 May 2023 7,572 7,572
Net book value
At 31 May 2023 10,478 10,478
At 31 May 2022 10,000 10,000

SKY BLUE YORK LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2023

6. Debtors


2023
£
13 months to
31 May 2022
£
Trade debtors 1,002 985
Prepayments and accrued income 1,644 1,624
Other debtors 918 601
Total 3,564 3,210
Debtors due after more than one year: 1,200 1,302

SKY BLUE YORK LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2023

7.Creditors: amounts falling due within one year note


2023
£
13 months to
31 May 2022
£
Bank loans and overdrafts 4,500 3,200
Amounts due under finance leases and hire purchase contracts 1,654 1,594
Trade creditors 3,251 3,154
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 437 568
Total 9,842 8,516

SKY BLUE YORK LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2023

8.Creditors: amounts falling due after more than one year


2023
£
13 months to
31 May 2022
£
Bank loans and overdrafts 3,685 3,400
Amounts due under finance leases and hire purchase contracts 4,651 4,154
Other creditors 1,506 962
Total 9,842 8,516

SKY BLUE YORK LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2023

9. Revaluation reserve


2023
£
Balance at 01 June 2022 ( 16,274 )
Surplus or deficit after revaluation 13,313
Balance at 31 May 2023 ( 2,961 )