Silverfin false 31/01/2023 01/02/2022 31/01/2023 Ian Hogg 30/08/2007 Kirsteen Sullivan 08/10/2014 25 October 2023 The principal activity of the Company during the financial year was business programme management. SC330088 2023-01-31 SC330088 bus:Director1 2023-01-31 SC330088 bus:Director2 2023-01-31 SC330088 2022-01-31 SC330088 core:CurrentFinancialInstruments 2023-01-31 SC330088 core:CurrentFinancialInstruments 2022-01-31 SC330088 core:ShareCapital 2023-01-31 SC330088 core:ShareCapital 2022-01-31 SC330088 core:RetainedEarningsAccumulatedLosses 2023-01-31 SC330088 core:RetainedEarningsAccumulatedLosses 2022-01-31 SC330088 core:LandBuildings 2022-01-31 SC330088 core:OtherPropertyPlantEquipment 2022-01-31 SC330088 core:LandBuildings 2023-01-31 SC330088 core:OtherPropertyPlantEquipment 2023-01-31 SC330088 2021-01-31 SC330088 bus:OrdinaryShareClass1 2023-01-31 SC330088 bus:OrdinaryShareClass2 2023-01-31 SC330088 2022-02-01 2023-01-31 SC330088 bus:FullAccounts 2022-02-01 2023-01-31 SC330088 bus:SmallEntities 2022-02-01 2023-01-31 SC330088 bus:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 SC330088 bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 SC330088 bus:Director1 2022-02-01 2023-01-31 SC330088 bus:Director2 2022-02-01 2023-01-31 SC330088 core:LandBuildings core:TopRangeValue 2022-02-01 2023-01-31 SC330088 core:OtherPropertyPlantEquipment core:TopRangeValue 2022-02-01 2023-01-31 SC330088 2021-02-01 2022-01-31 SC330088 core:LandBuildings 2022-02-01 2023-01-31 SC330088 core:OtherPropertyPlantEquipment 2022-02-01 2023-01-31 SC330088 bus:OrdinaryShareClass1 2022-02-01 2023-01-31 SC330088 bus:OrdinaryShareClass1 2021-02-01 2022-01-31 SC330088 bus:OrdinaryShareClass2 2022-02-01 2023-01-31 SC330088 bus:OrdinaryShareClass2 2021-02-01 2022-01-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: SC330088 (Scotland)

YARDLEY PROGRAMME MANAGEMENT LTD

UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 JANUARY 2023
PAGES FOR FILING WITH THE REGISTRAR

YARDLEY PROGRAMME MANAGEMENT LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JANUARY 2023

Contents

YARDLEY PROGRAMME MANAGEMENT LTD

BALANCE SHEET

AS AT 31 JANUARY 2023
YARDLEY PROGRAMME MANAGEMENT LTD

BALANCE SHEET (continued)

AS AT 31 JANUARY 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 6,106 6,387
6,106 6,387
Current assets
Debtors 4 816 816
Cash at bank and in hand 5 262,060 208,785
262,876 209,601
Creditors: amounts falling due within one year 6 ( 30,358) ( 2,162)
Net current assets 232,518 207,439
Total assets less current liabilities 238,624 213,826
Provision for liabilities 7, 8 ( 410) ( 349)
Net assets 238,214 213,477
Capital and reserves
Called-up share capital 9 200 200
Profit and loss account 238,014 213,277
Total shareholders' funds 238,214 213,477

For the financial year ending 31 January 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Yardley Programme Management Ltd (registered number: SC330088) were approved and authorised for issue by the Director on 25 October 2023. They were signed on its behalf by:

Ian Hogg
Director
YARDLEY PROGRAMME MANAGEMENT LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JANUARY 2023
YARDLEY PROGRAMME MANAGEMENT LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JANUARY 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Yardley Programme Management Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is 66 Tay Street, Perth, PH2 8RA, United Kingdom.

The financial statements have been prepared under the historical cost convention and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Employee benefits

Short term benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
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 financial statements. 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.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings 20 years straight line
Plant and machinery etc. 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Non-financial assets
At each balance sheet date, the company reviews its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable
amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include deposits held at call with banks.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Basic financial assets
Basic financial assets, which include debtors and bank balances, are measured at transaction price including transaction costs.

Basic financial liabilities
Basic financial liabilities, including creditors, are recognised at transaction price

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the
initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

Provisions

Deferred tax provisions are recognised when the Company has a present obligation as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 1 1

3. Tangible assets

Land and buildings Plant and machinery etc. Total
£ £ £
Cost
At 01 February 2022 10,549 7,167 17,716
Additions 0 1,703 1,703
Disposals 0 ( 2,236) ( 2,236)
At 31 January 2023 10,549 6,634 17,183
Accumulated depreciation
At 01 February 2022 5,556 5,773 11,329
Charge for the financial year 527 1,457 1,984
Disposals 0 ( 2,236) ( 2,236)
At 31 January 2023 6,083 4,994 11,077
Net book value
At 31 January 2023 4,466 1,640 6,106
At 31 January 2022 4,993 1,394 6,387

4. Debtors

2023 2022
£ £
Corporation tax 816 816

5. Cash and cash equivalents

2023 2022
£ £
Cash at bank and in hand 262,060 208,785

6. Creditors: amounts falling due within one year

2023 2022
£ £
Corporation tax 20,099 0
Other creditors 10,259 2,162
30,358 2,162

7. Provision for liabilities

2023 2022
£ £
Deferred tax 410 349

8. Deferred tax

2023 2022
£ £
At the beginning of financial year ( 349) ( 503)
(Charged)/credited to the Statement of Income and Retained Earnings ( 61) 154
At the end of financial year ( 410) ( 349)

9. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
100 A ordinary shares of £ 1.00 each 100 100
100 B ordinary shares of £ 1.00 each 100 100
200 200

10. Related party transactions

Other related party transactions

2023 2022
£ £
Amounts owed to directors 8,909 391

Advances totalling £64,699 were made to the directors in this period and £73,217 was repaid. The above loan is unsecured, interest free and repayable on demand.