Company Registration No. 12730511 (England and Wales)
Sky Blue Tavern Ltd
Unaudited accounts
for the year ended 31 July 2023
Sky Blue Tavern Ltd
Unaudited accounts
Contents
Sky Blue Tavern Ltd
Company Information
for the year ended 31 July 2023
Director
Dalvinder Singh Dhillon
Company Number
12730511 (England and Wales)
Registered Office
310D, EW Sterling House
Langston Road
Loughton
IG10 3TS
ENGLAND
Accountants
Capital Talks LLP
Accountants & Tax consultants
310D - EW Sterling House
Langston Road
Loughton
IG10 3TS
Sky Blue Tavern Ltd
Statement of financial position
as at 31 July 2023
Tangible assets
279,144
343,656
Cash at bank and in hand
14,661
6,128
Creditors: amounts falling due within one year
(87,737)
(134,701)
Net current assets/(liabilities)
54,191
(108,549)
Total assets less current liabilities
333,335
235,107
Creditors: amounts falling due after more than one year
(367,780)
(341,650)
Net liabilities
(34,445)
(106,543)
Called up share capital
1
1
Profit and loss account
(34,446)
(106,544)
Shareholders' funds
(34,445)
(106,543)
For the year ending 31 July 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 10 February 2024 and were signed on its behalf by
Dalvinder Singh Dhillon
Director
Company Registration No. 12730511
Sky Blue Tavern Ltd
Notes to the Accounts
for the year ended 31 July 2023
Sky Blue Tavern Ltd is a private company, limited by shares, registered in England and Wales, registration number 12730511. The registered office is 310D, EW Sterling House, Langston Road, Loughton, IG10 3TS, ENGLAND.
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.
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.
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:
Plant & machinery
20% on cost.
Motor vehicles
20% on cost.
Fixtures & fittings
15% on cost.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2022
107,010
24,550
254,668
386,228
At 31 July 2023
107,010
24,550
254,668
386,228
At 1 August 2022
15,484
4,910
22,178
42,572
Charge for the year
21,402
4,910
38,200
64,512
At 31 July 2023
36,886
9,820
60,378
107,084
At 31 July 2023
70,124
14,730
194,290
279,144
At 31 July 2022
91,526
19,640
232,490
343,656
Sky Blue Tavern Ltd
Notes to the Accounts
for the year ended 31 July 2023
Amounts falling due within one year
Trade debtors
14,506
9,824
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
31,120
37,351
Taxes and social security
16,888
19,205
Other creditors
20,279
48,158
Loans from directors
821
26,961
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
367,780
328,650
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
The Director controls the company as a result of controlling directly 100% of the issued share capital.
10
Average number of employees
During the year the average number of employees was 21 (2022: 21).