Registered Number 09062536
J SKY LIMITED
Abbreviated Accounts
31 May 2015
Notes | 2015 | ||
---|---|---|---|
£ | |||
Fixed assets | |||
Intangible assets | 2 |
|
|
|
|||
Current assets | |||
Stocks |
|
||
Debtors |
|
||
Cash at bank and in hand |
|
||
|
|||
Creditors: amounts falling due within one year |
( |
||
Net current assets (liabilities) |
( |
||
Total assets less current liabilities |
|
||
Total net assets (liabilities) |
|
||
Capital and reserves | |||
Called up share capital | 3 |
|
|
Profit and loss account |
|
||
Shareholders' funds |
|
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Intangible assets amortisation policy
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 5 years.
Other accounting policies
Stock and work in progress are valued at the lower of cost and and net realisable value, after due regard for obsolete and slow moving stocks
£ | |
---|---|
Cost | |
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 31 May 2015 |
|
Amortisation | |
Charge for the year |
|
On disposals |
|
At 31 May 2015 |
|
Net book values | |
At 31 May 2015 | 19,150 |
4 Transactions with directors
Name of director receiving advance or credit: |
|
|
---|---|---|
Description of the transaction: |
|
|
Balance at 29 May 2014: | - | |
Advances or credits made: | £ |
|
Advances or credits repaid: |
|
|
Balance at 31 May 2015: | £ |
Amount owned to director Mr. Chung Ho Chan, as at 31st May 2015 is £19,512.