BLUE SKIES ENERGY RESOURCES LIMITED

Company Registration Number:
SC166127 (Scotland)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

BLUE SKIES ENERGY RESOURCES LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 10

BLUE SKIES ENERGY RESOURCES LIMITED

Company Information

for the Period Ended 31 May 2024




Director: A.J. McHardy
Registered office: Unit 9
Aboyne Business Centre
Huntly Road
Aboyne
Aberdeenshire
GB-SCT
AB34 5HE
Company Registration Number: SC166127 (Scotland)

BLUE SKIES ENERGY RESOURCES LIMITED

Balance sheet

As at 31 May 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 5 1,157 1,362
Total fixed assets: 1,157 1,362
Current assets
Debtors: 6 53 253
Cash at bank and in hand: 572,598 630,464
Total current assets: 572,651 630,717
Creditors: amounts falling due within one year: 7 ( 23,289 ) ( 21,707 )
Net current assets (liabilities): 549,362 609,010
Total assets less current liabilities: 550,519 610,372
Total net assets (liabilities): 550,519 610,372

The notes form part of these financial statements

BLUE SKIES ENERGY RESOURCES LIMITED

Balance sheet continued

As at 31 May 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 550,517 610,370
Shareholders funds: 550,519 610,372

For the year ending 31 May 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 24 January 2025
And Signed On Behalf Of The Board By:

Name: A.J. McHardy
Status: Director

The notes form part of these financial statements

BLUE SKIES ENERGY RESOURCES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT

    Tangible fixed assets depreciation policy

    Depreciation is provided, after taking account of any grants receivable, at the following annual rate in order to write off each asset over its estimated useful life :- Office Equipment at 15% on the reducing net book value

BLUE SKIES ENERGY RESOURCES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

BLUE SKIES ENERGY RESOURCES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 3. Off balance sheet disclosure

    No

BLUE SKIES ENERGY RESOURCES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Dividends


2024
£

2023
£
Dividends paid 0 0

BLUE SKIES ENERGY RESOURCES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Tangible assets

Office equipment Total
Cost £ £
At 01 June 2023 2,407 2,407
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 May 2024 2,407 2,407
Depreciation
At 01 June 2023 1,045 1,045
Charge for year 205 205
On disposals - -
Other adjustments - -
At 31 May 2024 1,250 1,250
Net book value
At 31 May 2024 1,157 1,157
At 31 May 2023 1,362 1,362

BLUE SKIES ENERGY RESOURCES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

6. Debtors


2024
£

2023
£
Other debtors 53 253
Total 53 253

BLUE SKIES ENERGY RESOURCES LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

7.Creditors: amounts falling due within one year note


2024
£

2023
£
Taxation and social security 752 752
Accruals and deferred income 1,012 1,012
Other creditors 21,525 19,943
Total 23,289 21,707