Company Registration No. 13410104 (England and Wales)
YG Enterprises Ltd
Unaudited accounts
for the year ended 31 May 2023
YG Enterprises Ltd
Unaudited accounts
Contents
YG Enterprises Ltd
Company Information
for the year ended 31 May 2023
Director
Stafford Swainston
Company Number
13410104 (England and Wales)
Registered Office
47 Kerver Lane
Dunnington
York
YO19 5SL
United Kingdom
YG Enterprises Ltd
Statement of financial position
as at 31 May 2023
Cash at bank and in hand
348
1,624
Creditors: amounts falling due within one year
(11,474)
(8,975)
Net current liabilities
(9,619)
(7,351)
Net liabilities
(273)
(1,157)
Called up share capital
100
100
Profit and loss account
(373)
(1,257)
Shareholders' funds
(273)
(1,157)
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 2 November 2023 and were signed on its behalf by
Stafford Swainston
Director
Company Registration No. 13410104
YG Enterprises Ltd
Notes to the Accounts
for the year ended 31 May 2023
YG Enterprises Ltd is a private company, limited by shares, registered in England and Wales, registration number 13410104. The registered office is 47 Kerver Lane, Dunnington, York, YO19 5SL, 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.
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.
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
25% SLM
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
Additions
10,600
350
10,950
At 31 May 2023
10,600
350
10,950
Charge for the year
1,546
58
1,604
At 31 May 2023
1,546
58
1,604
At 31 May 2023
9,054
292
9,346
5
Investments
Other investments
Valuation at 1 June 2022
6,194
Valuation at 31 May 2023
-
YG Enterprises Ltd
Notes to the Accounts
for the year ended 31 May 2023
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
322
-
Loans from directors
11,152
8,975
8
Average number of employees
During the year the average number of employees was 1 (2022: 0).