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REGISTERED NUMBER: 09353688 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

SKYFEX LIMITED

SKYFEX LIMITED (REGISTERED NUMBER: 09353688)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SKYFEX LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: A Domalik
Ms J A Kalemba





REGISTERED OFFICE: 1st Floor, Ealing Cross
85 Uxbridge Road
London
W5 5BW





REGISTERED NUMBER: 09353688 (England and Wales)





ACCOUNTANTS: J.Dauman Finance Ltd
Chartered Accountants
Ealing Cross
1st Floor
85 Uxbridge Road
Ealing
London
W5 5BW

SKYFEX LIMITED (REGISTERED NUMBER: 09353688)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 229,964 165,437
Cash at bank 46,030 62,819
275,994 228,256
CREDITORS
Amounts falling due within one year 5 274,041 194,921
NET CURRENT ASSETS 1,953 33,335
TOTAL ASSETS LESS CURRENT LIABILITIES 1,953 33,335

CREDITORS
Amounts falling due after more than one year 6 - 1,000
NET ASSETS 1,953 32,335

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,853 32,235
1,953 32,335

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 October 2024 and were signed on its behalf by:





A Domalik - Director


SKYFEX LIMITED (REGISTERED NUMBER: 09353688)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

SKYFEX LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

Current or deferred 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.


The amount 8,703 GBP on credit as "tax on loss" appeared because of the fact that Corporation Tax for year ended 31/12/2020 was in HMRC 10,097.36 GBP and the amount that was recorded in our system was 18,800.12 GBP hence in the year ending 31/12/2023 the cost of corporation tax was reduced by this difference (8,703 GBP).

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 4 ) .

4. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Trade debtors 223,371 165,437

Amounts falling due after more than one year:
Other debtors 6,593 -

Aggregate amounts 229,964 165,437

SKYFEX LIMITED (REGISTERED NUMBER: 09353688)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 167,457 96,215
Taxation and social security 96,309 88,779
Other creditors 10,275 9,927
274,041 194,921

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Other creditors - 1,000