Company Registration No. 07428797 (England and Wales)
YALOSAI MUSIC SCHOOL LIMITED
Unaudited accounts
for the year ended 30 November 2022
YALOSAI MUSIC SCHOOL LIMITED
Unaudited accounts
Contents
YALOSAI MUSIC SCHOOL LIMITED
Company Information
for the year ended 30 November 2022
Director
Kannan PACKIARAJAH
Company Number
07428797 (England and Wales)
Registered Office
65 ST. HELIER AVENUE
MORDEN
SURREY
SM4 6HY
YALOSAI MUSIC SCHOOL LIMITED
Statement of financial position
as at 30 November 2022
Cash at bank and in hand
29,219
29,350
Creditors: amounts falling due within one year
(49,962)
(50,000)
Net current liabilities
(10,123)
(9,101)
Net liabilities
(9,912)
(8,807)
Called up share capital
150
150
Profit and loss account
(10,062)
(8,957)
Shareholders' funds
(9,912)
(8,807)
For the year ending 30 November 2022 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 August 2023 and were signed on its behalf by
Kannan PACKIARAJAH
Director
Company Registration No. 07428797
YALOSAI MUSIC SCHOOL LIMITED
Notes to the Accounts
for the year ended 30 November 2022
YALOSAI MUSIC SCHOOL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07428797. The registered office is 65 ST. HELIER AVENUE, MORDEN, SURREY, SM4 6HY.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance method
Fixtures & fittings
25% Reducing Balance method
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 December 2021
3,954
2,498
6,452
At 30 November 2022
3,954
2,498
6,452
At 1 December 2021
3,788
2,370
6,158
Charge for the year
46
37
83
At 30 November 2022
3,834
2,407
6,241
At 30 November 2022
120
91
211
At 30 November 2021
166
128
294
YALOSAI MUSIC SCHOOL LIMITED
Notes to the Accounts
for the year ended 30 November 2022
Amounts falling due within one year
Other debtors
10,620
11,549
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
49,712
50,000
Allotted, called up and fully paid:
150 Ordinary shares of £1 each
150
150
8
Average number of employees
During the year the average number of employees was 0 (2021: 0).