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Company Registration No. 08793556 (England and Wales)
Yocol Trading Service Ltd Unaudited accounts for the year ended 30 November 2021
Yocol Trading Service Ltd Unaudited accounts Contents
Page
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Yocol Trading Service Ltd Company Information for the year ended 30 November 2021
Director
Qiuchen Yang
Company Number
08793556 (England and Wales)
Registered Office
86 MAYFAIR ROAD DARTFORD DA1 5AQ ENGLAND
Accountants
Tax Return Accountants Ltd 26 Spinning Wheel Way Hackbridge WALLINGTON GB SM6 7DS
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Yocol Trading Service Ltd Statement of financial position as at 30 November 2021
2021 
2020 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
193 
583 
Creditors: amounts falling due within one year
(3,000)
(2,000)
Net current liabilities
(2,807)
(1,417)
Net liabilities
(2,807)
(1,417)
Capital and reserves
Called up share capital
51,032 
51,032 
Profit and loss account
(53,839)
(52,449)
Shareholders' funds
(2,807)
(1,417)
For the year ending 30 November 2021 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 August 2021 and were signed on its behalf by
Qiuchen Yang Director Company Registration No. 08793556
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Yocol Trading Service Ltd Notes to the Accounts for the year ended 30 November 2021
1
Statutory information
Yocol Trading Service Ltd is a private company, limited by shares, registered in England and Wales, registration number 08793556. The registered office is 86 MAYFAIR ROAD, DARTFORD, DA1 5AQ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Going concern
The director acknowledges the latest guidance on going concern. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence for a period of twelve months from the date of approval of the financial statements and, therefore, he continue to adopt the going concern basis in preparing the annual financial statements.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade creditors
1,000 
1,000 
Loans from directors
2,000 
1,000 
3,000 
2,000 
5
Share capital
2021 
2020 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £51.032 each
51,032 
51,032 
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Yocol Trading Service Ltd Notes to the Accounts for the year ended 30 November 2021
6
Average number of employees
During the year the average number of employees was 0 (2020: 0).
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