Caseware UK (AP4) 2024.0.164 2024.0.164 2024-07-312024-07-312025-05-09The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.12023-08-01falsetruefalsefalseNo description of principal activity1 12744006 2023-08-01 2024-07-31 12744006 2022-08-01 2023-07-31 12744006 2024-07-31 12744006 2023-07-31 12744006 c:Director1 2023-08-01 2024-07-31 12744006 d:CurrentFinancialInstruments 2024-07-31 12744006 d:CurrentFinancialInstruments 2023-07-31 12744006 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 12744006 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 12744006 d:ShareCapital 2024-07-31 12744006 d:ShareCapital 2023-07-31 12744006 d:RetainedEarningsAccumulatedLosses 2024-07-31 12744006 d:RetainedEarningsAccumulatedLosses 2023-07-31 12744006 c:FRS102 2023-08-01 2024-07-31 12744006 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 12744006 c:FullAccounts 2023-08-01 2024-07-31 12744006 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 12744006 2 2023-08-01 2024-07-31 12744006 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure

Registered number: 12744006









SKYBOND LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2024

 
SKYBOND LIMITED
REGISTERED NUMBER: 12744006

BALANCE SHEET
AS AT 31 JULY 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
4,530
25,839

Cash at bank and in hand
  
92,884
83,837

  
97,414
109,676

Creditors: amounts falling due within one year
 5 
(49,804)
(4,736)

Net current assets
  
 
 
47,610
 
 
104,940

Total assets less current liabilities
  
47,610
104,940

  

Net assets
  
47,610
104,940


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
47,609
104,939

  
47,610
104,940


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 9 May 2025.


W H Englander
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
SKYBOND LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

Skybond Limited is a private company limited by shares and registered in England & Wales. The address of its registered office is 124 Finchley Road, London, NW3 5JS.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts and rebates.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.6

Debtors

Short term debtors are measured at transaction price, less any impairment.

Page 2

 
SKYBOND LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.8

Creditors

Short term creditors are measured at the transaction price.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Debtors

2024
2023
£
£


Trade debtors
4,200
9,405

Other debtors
330
16,434

4,530
25,839



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
12,054
-

Corporation tax
-
1,004

Other taxation and social security
15,478
132

Other creditors
10,000
100

Accruals
12,272
3,500

49,804
4,736


Page 3

 
SKYBOND LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

6.


Related party transactions

Creditors include £10,000 (2023: £nil) due to a relation of the director.

 
Page 4