IRIS Accounts Production v23.3.1.45 10693569 director 1.4.22 31.3.23 31.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure106935692022-03-31106935692023-03-31106935692022-04-012023-03-31106935692021-03-31106935692021-04-012022-03-31106935692022-03-3110693569ns16:EnglandWales2022-04-012023-03-3110693569ns15:PoundSterling2022-04-012023-03-3110693569ns11:Director12022-04-012023-03-3110693569ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3110693569ns11:SmallEntities2022-04-012023-03-3110693569ns11:AuditExempt-NoAccountantsReport2022-04-012023-03-3110693569ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3110693569ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3110693569ns11:FullAccounts2022-04-012023-03-3110693569ns6:CurrentFinancialInstruments2023-03-3110693569ns6:CurrentFinancialInstruments2022-03-3110693569ns6:Non-currentFinancialInstruments2023-03-3110693569ns6:Non-currentFinancialInstruments2022-03-3110693569ns6:ShareCapital2023-03-3110693569ns6:ShareCapital2022-03-3110693569ns6:RetainedEarningsAccumulatedLosses2023-03-3110693569ns6:RetainedEarningsAccumulatedLosses2022-03-3110693569ns11:RegisteredOffice2022-04-012023-03-3110693569ns6:ComputerEquipment2022-04-012023-03-3110693569ns6:PlantMachinery2022-03-3110693569ns6:PlantMachinery2022-04-012023-03-3110693569ns6:PlantMachinery2023-03-3110693569ns6:PlantMachinery2022-03-3110693569ns6:CostValuation2022-03-3110693569ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3110693569ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-31
REGISTERED NUMBER: 10693569 (England and Wales)


















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Skyfall 1 Limited

Skyfall 1 Limited (Registered number: 10693569)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Balance Sheet 1

Notes to the Financial Statements 3


Skyfall 1 Limited (Registered number: 10693569)

Balance Sheet
31 March 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 9,215 1,145
Investments 5 1,044,661 1,044,661
1,053,876 1,045,806

CURRENT ASSETS
Debtors 6 1,333 918
Cash at bank 21,836 101,885
23,169 102,803
CREDITORS
Amounts falling due within one year 7 (625,748 ) (661,752 )
NET CURRENT LIABILITIES (602,579 ) (558,949 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

451,297

486,857

CREDITORS
Amounts falling due after more than one year 8 (158,333 ) (208,333 )
NET ASSETS 292,964 278,524

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 292,864 278,424
292,964 278,524

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

Skyfall 1 Limited (Registered number: 10693569)

Balance Sheet - continued
31 March 2023


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

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 January 2024 and were signed by:





D Purkayastha - Director


Skyfall 1 Limited (Registered number: 10693569)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Skyfall 1 Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10693569

Registered office: Treviot House
186-192 High Road
Ilford
Essex
IG1 1LR

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.

Turnover
Turnover represents the total invoice value, excluding value added tax, of sales made during the period.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Investments
Fixed asset investments are stated at cost less provisions for permanent diminution in value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Skyfall 1 Limited (Registered number: 10693569)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 3,082
Additions 11,592
At 31 March 2023 14,674
DEPRECIATION
At 1 April 2022 1,937
Charge for year 3,522
At 31 March 2023 5,459
NET BOOK VALUE
At 31 March 2023 9,215
At 31 March 2022 1,145

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2022
and 31 March 2023 1,044,661
NET BOOK VALUE
At 31 March 2023 1,044,661
At 31 March 2022 1,044,661

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 1,333 918

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 50,000 41,667
Trade creditors 5,288 2,505
Taxation and social security 27,298 24,410
Other creditors 543,162 593,170
625,748 661,752

Skyfall 1 Limited (Registered number: 10693569)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 158,333 208,333

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 8,333