REGISTERED NUMBER: 05719598 (England and Wales)

BlueSky Wireless Limited

Unaudited Financial Statements for the Year Ended 31 March 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

K Brown

SECRETARY:

K Brown

REGISTERED OFFICE:

Enterprise House

Harmire Enterprise Park

Barnard Castle

Co Durham

DL12 8XT

REGISTERED NUMBER:

05719598 (England and Wales)

ACCOUNTANTS:

Addison & Co

Ebor House

91 Galgate

Barnard Castle

Co Durham

DL12 8ES

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

7,501

3,455

7,501

3,455

CURRENT ASSETS

Stocks

36,941

37,346

Debtors

6

145,867

161,983

Cash at bank

623,298

478,518

806,106

677,847

CREDITORS

Amounts falling due within one year

7

210,020

178,135

NET CURRENT ASSETS

596,086

499,712

TOTAL ASSETS LESS CURRENT LIABILITIES

603,587

503,167

PROVISIONS FOR LIABILITIES

1,797

732

NET ASSETS

601,790

502,435

CAPITAL AND RESERVES

Called up share capital

800

800

Retained earnings

600,990

501,635

SHAREHOLDERS' FUNDS

601,790

502,435

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 21 August 2026 and were signed by:

K Brown - Director

1.	STATUTORY INFORMATION

BlueSky Wireless 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Intellectual property is being amortised evenly over its estimated useful life of nil years.

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

-

15% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2025 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2025

and 31 March 2026

98,800

AMORTISATION

At 1 April 2025

and 31 March 2026

98,800

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 April 2025

4,769

54,309

59,078

Additions

-

8,928

8,928

At 31 March 2026

4,769

63,237

68,006

DEPRECIATION

At 1 April 2025

3,039

52,584

55,623

Charge for year

259

4,623

4,882

At 31 March 2026

3,298

57,207

60,505

NET BOOK VALUE

At 31 March 2026

1,471

6,030

7,501

At 31 March 2025

1,730

1,725

3,455

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

143,060

157,809

Other debtors

22

42

VAT

-

1,307

Prepayments

2,785

2,825

145,867

161,983

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade creditors

699

13,482

Corporation tax

35,444

14,713

Social security and other taxes

6,317

5,778

VAT

8,227

-

Other creditors

14,179

14,511

Directors' loan accounts

10,044

6,020

Accruals and deferred income

135,110

123,631

210,020

178,135

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The director has given a personal guarantee to NatWest dated July 2006 of up to £3000.