Skybridge IT Ltd - Filleted accounts

Registered number

16605267

Skybridge IT Ltd

Filleted Accounts

31 July 2026

Skybridge IT Ltd
Registered number:		16605267
Balance Sheet
as at 31 July 2026

Notes			2026
£
Current assets
Debtors	3	13,455
Cash at bank and in hand		49,703
		63,158

Creditors: amounts falling due within one year	4	(26,800)

Net current assets			36,358

Net assets			36,358

Capital and reserves
Called up share capital			10
Profit and loss account			36,348

Shareholder's funds			36,358

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 member has 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 and delivered 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.




Rajesh Pushpa Damodaran
Director
Approved by the board on 31 August 2026

Skybridge IT Ltd
Notes to the Accounts
for the period from 24 July 2025 to 31 July 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice 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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees	2026
Number

	Average number of persons employed by the company	1


3	Debtors	2026
£

	Trade debtors	13,455


4	Creditors: amounts falling due within one year	2026
£

	Trade creditors	1,200
	Taxation and social security costs	20,145
	Other creditors	5,455
		26,800


5	Other information

	Skybridge IT Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	313 Castle Lane West
	Bournemouth
	BH8 9TQ