REGISTERED NUMBER: 07911974 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

Blue Sky Operations Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J D Raymond

D Hack

REGISTERED OFFICE:

Lynnem House

1 Victoria Way

Burgess Hill

West Sussex

RH15 9NF

REGISTERED NUMBER:

07911974 (England and Wales)

ACCOUNTANTS:

Price Green & Co

Lynnem House

1 Victoria Way

Burgess Hill

West Sussex

RH15 9NF

FIXED ASSETS

Tangible assets

4

13,404

17,375

CURRENT ASSETS

Stocks

39,875

-

Debtors

5

558

-

Cash at bank

6,952

128,681

47,385

128,681

CREDITORS

Amounts falling due within one year

6

37,265

99,340

NET CURRENT ASSETS

10,120

29,341

TOTAL ASSETS LESS CURRENT LIABILITIES

23,524

46,716

PROVISIONS FOR LIABILITIES

3,351

4,344

NET ASSETS

20,173

42,372

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

20,171

42,370

SHAREHOLDERS' FUNDS

20,173

42,372

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 18 September 2025 and were signed on its behalf by:

J D Raymond - Director

1.	STATUTORY INFORMATION

Blue Sky Operations 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2024

32,341

Additions

774

Disposals

(2,941

)

At 31 January 2025

30,174

DEPRECIATION

At 1 February 2024

14,966

Charge for year

4,513

Eliminated on disposal

(2,709

)

At 31 January 2025

16,770

NET BOOK VALUE

At 31 January 2025

13,404

At 31 January 2024

17,375

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Other debtors

558

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade creditors

2,232

195

Taxation and social security

12,140

46,359

Other creditors

22,893

52,786

37,265

99,340

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £15,000 (2024 - £41,795) were paid to the directors .

Included in other creditors is £1,995 (2024: £1,995) owed to the director, Mr J Raymond, by the company.

Included in other creditors is £19,548 (2024: £26 ) owed to the director, Mr D Hack by the company.