2017-07-01 SC507725 2018-06-30 SC507725 2017-07-01 2018-06-30 SC507725 2017-06-30 SC507725 2016-07-01 2017-06-30 SC507725 uk-core:WithinOneYear 2017-06-30 SC507725 uk-core:WithinOneYear 2018-06-30 SC507725 uk-core:AfterOneYear 2017-06-30 SC507725 uk-core:AfterOneYear 2018-06-30 SC507725 uk-core:ShareCapital 2018-06-30 SC507725 uk-core:ShareCapital 2017-06-30 SC507725 uk-core:RetainedEarningsAccumulatedLosses 2018-06-30 SC507725 uk-core:RetainedEarningsAccumulatedLosses 2017-06-30 SC507725 uk-bus:Director1 2017-07-01 2018-06-30 SC507725 uk-core:ToolsEquipment 2017-07-01 2018-06-30 SC507725 uk-core:FurnitureFittings 2017-07-01 2018-06-30 SC507725 uk-core:ToolsEquipment 2017-06-30 SC507725 uk-core:FurnitureFittings 2017-06-30 SC507725 uk-core:FurnitureFittings 2018-06-30 SC507725 uk-core:ToolsEquipment 2018-06-30 SC507725 uk-core:WithinOneYear 2018-06-30 SC507725 uk-core:WithinOneYear 2017-06-30 SC507725 uk-core:AfterOneYear uk-core:Secured 2018-06-30 SC507725 uk-core:AfterOneYear uk-core:Secured 2017-06-30 iso4217:GBP SC507725 uk-bus:AuditExemptWithAccountantsReport 2017-07-01 2018-06-30 SC507725 uk-bus:FRS102 2017-07-01 2018-06-30 SC507725 uk-bus:FullAccounts 2017-07-01 2018-06-30 SC507725 uk-bus:PrivateLimitedCompanyLtd 2017-07-01 2018-06-30
Yellow Cherry Digital Ltd
Registered Number:SC507725
For the year ended 30 June 2018
Scotland
Unaudited Financial Statements
2
As at 30 June 2018
Yellow Cherry Digital Ltd
Statement of Financial Position
Registered Number :
SC507725
£
£
2017
2018
Notes
Fixed assets
Property, plant and equipment
4,281
634
2
4,281
634
Current assets
Trade and other receivables
7,287
12,407
3
5,752
Cash and cash equivalents
10,059
22,466
13,039
Trade and other payables: amounts falling due within one
year
(11,721)
(15,389)
4
1,318
7,077
Net current assets
Total assets less current liabilities
11,358
1,952
Trade and other payables: amounts falling due after more
than one year
-
(9,909)
5
1,449
Net assets
1,952
Capital and reserves
Called up share capital
10
10
Retained earnings
1,439
1,942
1,449
1,952
Shareholders' funds
For the year ended 30 June 2018 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 of its financial statements for the year ended 30 June 2018 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mrs Sarah Louise Francis Director
These financial statements were approved and authorised for issue by the Board on 19 September 2018 and were signed by:
The notes form part of these financial statements
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3
For the year ended 30 June 2018
Yellow Cherry Digital Ltd
Notes to the Financial Statements
Statutory Information
Yellow Cherry Digital Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number
SC507725.
Principal place of business:
1B Moray House
16-18 Bank Street
Inverness
IV1 1QY
Registered address:
17 Westfield Brae
Westhill
Inverness
IV2 5TL
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
33% Straight line
Computer equipment
20% Straight line
Fixtures and fittings
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4
For the year ended 30 June 2018
Yellow Cherry Digital Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
£
£
£
Cost or
valuation
At 01 July 2017
1,903
1,903
-
5,512
970
4,542
Additions
At 30 June 2018
4,542
2,873
7,415
Provision for depreciation and impairment
At 01 July 2017
1,269
1,269
-
Charge for year
1,865
958
907
At 30 June 2018
3,134
2,227
907
At 30 June 2018
Net book value
3,635
646
4,281
At 30 June 2017
-
634
634
3. Trade and other receivables
2017
2018
£
£
Trade debtors
9,952
7,037
Other debtors
2,455
250
7,287
12,407
4. Trade and other payables: amounts falling due within one year
2017
2018
£
£
Bank loans and overdraft
3,841
-
Taxation and social security
6,724
10,059
Other creditors
4,824
1,662
15,389
11,721
5. Trade and other payables: amounts falling due after more than one year
2017
2018
£
£
Bank loans and overdraft
9,909
-
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