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Company Registration No. 11358765 (England and Wales)
IAN YOUNGMAN MMS LIMITED Unaudited accounts for the year ended 31 May 2023
IAN YOUNGMAN MMS LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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IAN YOUNGMAN MMS LIMITED Company Information for the year ended 31 May 2023
Director
Mr Ian Youngman
Company Number
11358765 (England and Wales)
Registered Office
2 WEST SIDE CLOSE LOWESTOFT SUFFOLK NR32 4NS UNITED KINGDOM
Accountants
P Lacey & Associates Ltd Office 17 2 Regent House Lowestoft NR32 1PA
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IAN YOUNGMAN MMS LIMITED Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
885 
1,180 
Current assets
Cash at bank and in hand
20,929 
17,980 
Creditors: amounts falling due within one year
5
(5,884)
(7,941)
Net current assets
15,045 
10,039 
Net assets
15,930 
11,219 
Capital and reserves
Called up share capital
6
2 
2 
Profit and loss account
15,928 
11,217 
Shareholders' funds
15,930 
11,219 
For the year ending 31 May 2023 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 8 September 2023 and were signed on its behalf by
Mr Ian Youngman Director Company Registration No. 11358765
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IAN YOUNGMAN MMS LIMITED Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
IAN YOUNGMAN MMS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11358765. The registered office is 2 WEST SIDE CLOSE, LOWESTOFT, SUFFOLK, NR32 4NS, UNITED KINGDOM.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% reducing balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2022
2,360 
At 31 May 2023
2,360 
Depreciation
At 1 June 2022
1,180 
Charge for the year
295 
At 31 May 2023
1,475 
Net book value
At 31 May 2023
885 
At 31 May 2022
1,180 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
4,693 
6,934 
Loans from directors
556 
382 
Accruals
635 
625 
5,884 
7,941 
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IAN YOUNGMAN MMS LIMITED Notes to the Accounts for the year ended 31 May 2023
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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