Atlantic Skye Ltd
Registered number: | 13855720
Statement of Financial Position
as at 31 March 2025
Notes |  |  | 2025 |  |  | 2024
£ | £
Fixed assets
Tangible assets | 3 |  |  | 196,850 |  |  | 135,255
Current assets
Cash at bank and in hand |  |  | 100 |  |  | 100
Creditors: amounts falling due within one year | 4 |  | (200,685) |  |  | (137,932)
Net current liabilities |  |  |  | (200,585) |  |  | (137,832)
Net liabilities |  |  |  | (3,735) |  |  | (2,577)
Capital and reserves
Called up share capital |  |  |  | 100 |  |  | 100
Profit and loss account |  |  |  | (3,835) |  |  | (2,677)
Shareholders' funds |  |  |  | (3,735) |  |  | (2,577)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Phillip Spokes
Director
Approved by the board on 4 December 2025

Atlantic Skye Ltd
Notes to the Accounts
for the year ended 31 March 2025
1 | Accounting policies
| Basis of preparation
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.
| Going concern
| The company had retained losses as at the balance sheet date which were not covered by the share capital of the company. The company is continuing its' activity as a company called All7 Ltd is funding the company in the form of an interest free loan. All7 Ltd is planning to continue this financial support for the company for the foreseeable future. All7 Ltd and Atlantic Skye Ltd are under common control.
| Tangible fixed assets
| Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
| Freehold buildings | No depreciation charged
| Investments
| Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value/Impairment losses are included in the profit and loss account.
| Creditors
| Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 | Employees and directors | 2025 |  | 2024
Number | Number
| Average number of directors and persons employed by the company |  | 1 |  | 1
3 | Tangible fixed assets
|  |  |  |  |  |  |  | Land and buildings
£
| Cost
| At 1 April 2024 | 135,255
| Additions | 61,595
| At 31 March 2025 | 196,850
| Depreciation
| At 31 March 2025 | -
| Net book value
| At 31 March 2025 | 196,850
| At 31 March 2024 | 135,255
4 | Creditors: amounts falling due within one year | 2025 |  | 2024
£ | £
| Accruals | 1,104 |  | 1,050
| Other creditors | 199,581 |  | 136,882
|  |  |  |  |  | 200,685 |  | 137,932
5 | Other information
| Atlantic Skye Ltd is a private company limited by shares and incorporated in England. Its registered office is:
| Index House
| St Georges Lane
| Ascot
| SL5 7ET

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