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Company Registration No. 11690304 (England and Wales)
SKYRISE LIFTS LTD Final accounts for the period from 1 December 2022 to 31 March 2024
SKYRISE LIFTS LTD Final accounts Contents
Page
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SKYRISE LIFTS LTD Company Information for the period from 1 December 2022 to 31 March 2024
Directors
RICARDO JORGE MARTINS FERREIRA DIOGO MIGUEL DOS SANTOS MARTINHO
Company Number
11690304 (England and Wales)
Registered Office
C/O Dka Accounting Ltd Office 1 Castle House, Dawson Road Milton Keynes Buckinghamshire MK1 1QT England
Accountants
DKA Accounting Ltd. East Wing, Castle House Dawson Road Milton Keynes Buckinghamshire MK1 1QT
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SKYRISE LIFTS LTD Statement of financial position as at 31 March 2024
2024 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
36,528 
39,735 
Current assets
Inventories
3,117 
2,091 
Debtors
186,572 
159,877 
Cash at bank and in hand
38,240 
16,243 
227,929 
178,211 
Creditors: amounts falling due within one year
(172,406)
(132,573)
Net current assets
55,523 
45,638 
Total assets less current liabilities
92,051 
85,373 
Creditors: amounts falling due after more than one year
(25,622)
(30,830)
Net assets
66,429 
54,543 
Capital and reserves
Called up share capital
20 
20 
Profit and loss account
66,409 
54,523 
Shareholders' funds
66,429 
54,543 
For the period ending 31 March 2024 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 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 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 of Directors and authorised for issue on 26 June 2024 and were signed on its behalf by
RICARDO JORGE MARTINS FERREIRA Director Company Registration No. 11690304
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SKYRISE LIFTS LTD Notes to the Accounts for the period from 1 December 2022 to 31 March 2024
1
Statutory information
SKYRISE LIFTS LTD is a private company, limited by shares, registered in England and Wales, registration number 11690304. The registered office is C/O Dka Accounting Ltd Office 1, Castle House, Dawson Road, Milton Keynes, Buckinghamshire, MK1 1QT, 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.
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 period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Motor vehicles
15%
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SKYRISE LIFTS LTD Notes to the Accounts for the period from 1 December 2022 to 31 March 2024
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 December 2022
54,327 
Additions
6,043 
Disposals
(10,359)
At 31 March 2024
50,011 
Depreciation
At 1 December 2022
14,592 
Charge for the period
5,624 
On disposals
(6,733)
At 31 March 2024
13,483 
Net book value
At 31 March 2024
36,528 
At 30 November 2022
39,735 
5
Debtors
2024 
2022 
£ 
£ 
Amounts falling due within one year
VAT
(6,174)
3,020 
Trade debtors
170,091 
143,829 
Other debtors
22,655 
13,028 
186,572 
159,877 
6
Creditors: amounts falling due within one year
2024 
2022 
£ 
£ 
Trade creditors
18,112 
5,830 
Taxes and social security
43,123 
40,020 
Other creditors
- 
66,034 
Loans from directors
111,171 
17,419 
Accruals
- 
3,270 
172,406 
132,573 
7
Creditors: amounts falling due after more than one year
2024 
2022 
£ 
£ 
Other creditors
25,622 
30,830 
8
Share capital
2024 
2022 
£ 
£ 
Allotted, called up and fully paid:
20 Ordinary shares of £1 each
20 
20 
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SKYRISE LIFTS LTD Notes to the Accounts for the period from 1 December 2022 to 31 March 2024
9
Average number of employees
During the period the average number of employees was 11 (2022: 9).
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