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Company Registration No. 13546939 (England and Wales)
Yadda Ltd Unaudited accounts for the year ended 31 August 2023
Yadda Ltd Unaudited accounts Contents
Page
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Yadda Ltd Company Information for the year ended 31 August 2023
Directors
T P Bowles M L Williams S A Bowles J K Edwards
Company Number
13546939 (England and Wales)
Registered Office
Studio 301 Monier Works 3 Casings Way London E3 2TH
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Yadda Ltd Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
11,535 
3,544 
Current assets
Debtors
53,811 
59,035 
Cash at bank and in hand
71,811 
22,514 
125,622 
81,549 
Creditors: amounts falling due within one year
(45,398)
(31,280)
Net current assets
80,224 
50,269 
Total assets less current liabilities
91,759 
53,813 
Provisions for liabilities
Deferred tax
(2,427)
(673)
Net assets
89,332 
53,140 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
89,232 
53,040 
Shareholders' funds
89,332 
53,140 
For the year ending 31 August 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 directors acknowledge their 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 of Directors and authorised for issue on 13 October 2023 and were signed on its behalf by
T P Bowles Director Company Registration No. 13546939
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Yadda Ltd Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
Yadda Ltd is a private company, limited by shares, registered in England and Wales, registration number 13546939. The registered office is Studio 301, Monier Works, 3 Casings Way, London, E3 2TH.
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 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.
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:
Fixtures & fittings
4 years on cost
Computer equipment
3 years on cost
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.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Yadda Ltd Notes to the Accounts for the year ended 31 August 2023
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2022
- 
3,988 
3,988 
Additions
3,500 
7,837 
11,337 
At 31 August 2023
3,500 
11,825 
15,325 
Depreciation
At 1 September 2022
- 
444 
444 
Charge for the year
499 
2,847 
3,346 
At 31 August 2023
499 
3,291 
3,790 
Net book value
At 31 August 2023
3,001 
8,534 
11,535 
At 31 August 2022
- 
3,544 
3,544 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
3,948 
1,846 
Trade debtors
- 
26,289 
Accrued income and prepayments
45,667 
29,350 
Other debtors
4,196 
1,550 
53,811 
59,035 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
5,154 
49 
Taxes and social security
36,120 
28,480 
Other creditors
4,124 
2,751 
45,398 
31,280 
7
Operating lease commitments
2023 
2022 
£ 
£ 
At 31 August 2023 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
18,633 
- 
Later than one year and not later than five years
29,782 
- 
48,415 
- 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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