Company Registration No. 08833758 (England and Wales)
Apps In The Sky LTD
Unaudited accounts
for the year ended 31 January 2025
Apps In The Sky LTD
Unaudited accounts
Contents
Apps In The Sky LTD
Company Information
for the year ended 31 January 2025
Company Number
08833758 (England and Wales)
Registered Office
Worting House Church Lanes
Worting
Basingstoke
RG23 8PX
Accountants
Switchfoot Accounting Limited
147 Frimley Road
Camberley
Surrey
GU15 2PS
Apps In The Sky LTD
Statement of financial position
as at 31 January 2025
Cash at bank and in hand
752
2,304
Creditors: amounts falling due within one year
(213,669)
(98,018)
Net current liabilities
(136,179)
(48,999)
Total assets less current liabilities
(135,309)
(47,849)
Creditors: amounts falling due after more than one year
(7,165)
(11,711)
Provisions for liabilities
Net liabilities
(142,574)
(59,779)
Called up share capital
2
2
Profit and loss account
(142,576)
(59,781)
Shareholders' funds
(142,574)
(59,779)
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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 January 2026 and were signed on its behalf by
T Gibbons
Director
Company Registration No. 08833758
Apps In The Sky LTD
Notes to the Accounts
for the year ended 31 January 2025
Apps In The Sky LTD is a private company, limited by shares, registered in England and Wales, registration number 08833758. The registered office is Worting House Church Lanes, Worting, Basingstoke, RG23 8PX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% on a straight line basis
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Expenditure on research and development is written off in the year in which it is incurred.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Apps In The Sky LTD
Notes to the Accounts
for the year ended 31 January 2025
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2024
1,959
8,660
10,619
At 31 January 2025
2,564
8,660
11,224
At 1 February 2024
1,959
7,510
9,469
Charge for the year
97
788
885
At 31 January 2025
2,056
8,298
10,354
At 31 January 2025
508
362
870
At 31 January 2024
-
1,150
1,150
Amounts falling due within one year
Trade debtors
75,030
39,947
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
22,359
7,500
Taxes and social security
79,073
38,233
Other creditors
32,709
978
Loans from directors
4,100
-
7
Creditors: amounts falling due after more than one year
2025
2024
Apps In The Sky LTD
Notes to the Accounts
for the year ended 31 January 2025
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Short term interest free loan
5,060
-
9,160
(4,100)
9
Average number of employees
During the year the average number of employees was 6 (2024: 6).