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Company Registration No. 08489149 (England and Wales)
YOUK PROPERTY SOLUTIONS LTD Unaudited accounts for the year ended 31 March 2023
YOUK PROPERTY SOLUTIONS LTD Unaudited accounts Contents
Page
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YOUK PROPERTY SOLUTIONS LTD Company Information for the year ended 31 March 2023
Directors
Mr N Nasiri Mrs M Salimian
Company Number
08489149 (England and Wales)
Registered Office
83 STONE MEADOW OXFORD OX2 6TD
Accountants
Xoba Limited 26 Landsmoor Drive Longton Preston Lancashire PR4 5PE
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YOUK PROPERTY SOLUTIONS LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
10,807 
- 
Cash at bank and in hand
7,397 
13,856 
18,204 
13,856 
Creditors: amounts falling due within one year
(21,545)
(2,525)
Net current (liabilities)/assets
(3,341)
11,331 
Total assets less current liabilities
(3,341)
11,331 
Creditors: amounts falling due after more than one year
(4,500)
(8,514)
Net (liabilities)/assets
(7,841)
2,817 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(8,841)
1,817 
Shareholders' funds
(7,841)
2,817 
For the year ending 31 March 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 27 October 2023 and were signed on its behalf by
Mr N Nasiri Director Company Registration No. 08489149
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YOUK PROPERTY SOLUTIONS LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
YOUK PROPERTY SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 08489149. The registered office is 83 STONE MEADOW, OXFORD, OX2 6TD.
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.
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:
Plant & machinery
33.33
Motor vehicles
33.33
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.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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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YOUK PROPERTY SOLUTIONS LTD Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
999 
6,650 
7,649 
Additions
- 
7,750 
7,750 
Disposals
- 
(7,750)
(7,750)
At 31 March 2023
999 
6,650 
7,649 
Depreciation
At 1 April 2022
999 
6,650 
7,649 
At 31 March 2023
999 
6,650 
7,649 
Net book value
At 31 March 2023
- 
- 
- 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
807 
- 
Other debtors
10,000 
- 
10,807 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
2,000 
- 
VAT
2,320 
- 
Trade creditors
991 
- 
Taxes and social security
3,331 
1,722 
Other creditors
12,463 
- 
Loans from directors
440 
- 
Accruals
- 
803 
21,545 
2,525 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
4,500 
8,514 
8
Average number of employees
During the year the average number of employees was 4 (2022: 4).
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