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Company Registration No. 07480788 (England and Wales)
Skyline Shades Limited Unaudited accounts for the year ended 31 July 2023
Skyline Shades Limited Unaudited accounts Contents
Page
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Skyline Shades Limited Company Information for the year ended 31 July 2023
Director
Mrs R Chandarana
Company Number
07480788 (England and Wales)
Registered Office
1 Vicarage Lane Stratford London E15 4HF
Accountants
Lunar Accountancy Ltd 41 Lancaster Gate London W2 3NA
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Skyline Shades Limited Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
1,083,261 
1,083,261 
Current assets
Cash at bank and in hand
- 
1,740 
Creditors: amounts falling due within one year
(344,491)
(412,141)
Net current liabilities
(344,491)
(410,401)
Total assets less current liabilities
738,770 
672,860 
Creditors: amounts falling due after more than one year
(705,045)
(641,890)
Net assets
33,725 
30,970 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
32,725 
29,970 
Shareholders' funds
33,725 
30,970 
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 her 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 6 September 2024 and were signed on its behalf by
Mrs R Chandarana Director Company Registration No. 07480788
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Skyline Shades Limited Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
Skyline Shades Limited is a private company, limited by shares, registered in England and Wales, registration number 07480788. The registered office is 1 Vicarage Lane, Stratford, London, E15 4HF.
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.
4
Investment property
2023 
£ 
Fair value at 1 August 2022
1,083,261 
At 31 July 2023
1,083,261 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
12,883 
29,589 
Taxes and social security
7,701 
7,055 
Loans from directors
321,507 
374,297 
Accruals
2,400 
1,200 
344,491 
412,141 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
705,045 
641,890 
7
Transactions with related parties
The company was under the control of Mrs R Chandarana throughout the current year and previous year. Mrs R Chandarana is the managing director and sole shareholder. As at 31st July 2023 the company owed £321,507 (2022: £374,297) to the director.
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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