Sky Sharma Foundation Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2

Registered number: 09942392

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		584		749

			584		749
CURRENT ASSETS
Cash at bank and in hand		10,739		12,649

		10,739		12,649
Creditors: Amounts Falling Due Within One Year	5	(900 )		(850 )

NET CURRENT ASSETS (LIABILITIES)			9,839		11,799

TOTAL ASSETS LESS CURRENT LIABILITIES			10,423		12,548

NET ASSETS			10,423		12,548

Income and Expenditure Account			10,423		12,548

MEMBERS' FUNDS			10,423		12,548

For the year ending 31 January 2025 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.

On behalf of the board

Ms Neelam Sharma

Director

03/09/2025

The notes on page 2 form part of these financial statements.

1. General Information

Sky Sharma Foundation Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 09942392 . The registered office is 105 Sallows Road, Peterborough, Cambridgeshire, PE1 4EX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

18%

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 February 2024	749

As at 31 January 2025	749

Depreciation
As at 1 February 2024	-
Provided during the period	165

As at 31 January 2025	165

Net Book Value
As at 31 January 2025	584

As at 1 February 2024	749

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	900	850

6. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

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