Registered Number 09024471
PEGASUS SKY ENTERPRISES LIMITED
Abbreviated Accounts
30 November 2016
Notes | 30/11/2016 | 31/05/2015 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
( |
( |
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Total assets less current liabilities |
( |
( |
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Total net assets (liabilities) |
( |
( |
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Capital and reserves | |||
Called up share capital | 3 |
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Profit and loss account |
( |
( |
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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
Tangible assets depreciation policy
Motor Vehicles - 15% reducing balance
Other accounting policies
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.
Going concern
The director has adopted the going concern basis in preparing the financial statements as it is her intention to provide working capital to the company until such time as the company is able to repay her without prejudicing the interests of other creditors.
£ | |
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Cost | |
At 1 June 2015 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 30 November 2016 |
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Depreciation | |
At 1 June 2015 |
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Charge for the year |
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On disposals |
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At 30 November 2016 |
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Net book values | |
At 30 November 2016 | 16,227 |
At 31 May 2015 | 20,938 |