IRIS Accounts Production v23.3.1.45 08532862 Board of Directors 1.6.22 31.5.23 31.5.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh085328622022-05-31085328622023-05-31085328622022-06-012023-05-31085328622021-05-31085328622021-06-012022-05-31085328622022-05-3108532862ns10:Originalns15:EnglandWales2022-06-012023-05-3108532862ns14:PoundSterlingns10:Original2022-06-012023-05-3108532862ns10:Originalns10:Director12022-06-012023-05-3108532862ns10:Original2022-06-012023-05-3108532862ns10:Original2023-05-3108532862ns10:Originalns10:PrivateLimitedCompanyLtd2022-06-012023-05-3108532862ns10:Originalns10:SmallEntities2022-06-012023-05-3108532862ns10:Originalns10:AuditExempt-NoAccountantsReport2022-06-012023-05-3108532862ns10:SmallCompaniesRegimeForAccountsns10:Original2022-06-012023-05-3108532862ns10:Originalns10:FullAccounts2022-06-012023-05-3108532862ns10:Originalns10:Director22022-06-012023-05-3108532862ns10:Originalns10:Director32022-06-012023-05-3108532862ns10:CompanySecretary1ns10:Original2022-06-012023-05-3108532862ns10:Originalns10:RegisteredOffice2022-06-012023-05-3108532862ns10:Original2022-05-3108532862ns10:Originalns5:CurrentFinancialInstruments2023-05-3108532862ns10:Originalns5:CurrentFinancialInstruments2022-05-3108532862ns10:Originalns5:Non-currentFinancialInstruments2023-05-3108532862ns10:Originalns5:Non-currentFinancialInstruments2022-05-3108532862ns5:ShareCapitalns10:Original2023-05-3108532862ns5:ShareCapitalns10:Original2022-05-3108532862ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-05-3108532862ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-05-3108532862ns10:Originalns5:PlantMachinery2022-06-012023-05-3108532862ns10:Original2021-06-012022-05-3108532862ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2022-05-3108532862ns10:Originalns5:FurnitureFittings2022-05-3108532862ns10:Original2022-05-3108532862ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2022-06-012023-05-3108532862ns10:Originalns5:FurnitureFittings2022-06-012023-05-3108532862ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2023-05-3108532862ns10:Originalns5:FurnitureFittings2023-05-3108532862ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2022-05-3108532862ns10:Originalns5:FurnitureFittings2022-05-3108532862ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-3108532862ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-05-31
REGISTERED NUMBER: 08532862 (England and Wales)















YOUNGERTABBITT LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023






YOUNGERTABBITT LIMITED (REGISTERED NUMBER: 08532862)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


YOUNGERTABBITT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTORS: Mr J A Younger
Mr L K Younger
Mrs A Younger





SECRETARY: Mr L Younger





REGISTERED OFFICE: 45 Aveling Park Road
Walthamstow
London
E17 4NS





REGISTERED NUMBER: 08532862 (England and Wales)





ACCOUNTANTS: Kounnis And Partners Ltd
Chartered Certified Accountants
Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE

YOUNGERTABBITT LIMITED (REGISTERED NUMBER: 08532862)

STATEMENT OF FINANCIAL POSITION
31 MAY 2023

31.5.23 31.5.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 25,907 42,146

CURRENT ASSETS
Stocks 9,107 8,525
Debtors 5 27,337 27,337
Cash at bank and in hand 130,472 249,794
166,916 285,656
CREDITORS
Amounts falling due within one year 6 (95,589 ) (146,662 )
NET CURRENT ASSETS 71,327 138,994
TOTAL ASSETS LESS CURRENT
LIABILITIES

97,234

181,140

CREDITORS
Amounts falling due after more than one
year

7

(20,001

)

(30,002

)

PROVISIONS FOR LIABILITIES (4,922 ) (2,126 )
NET ASSETS 72,311 149,012

CAPITAL AND RESERVES
Called up share capital 105 105
Retained earnings 72,206 148,907
SHAREHOLDERS' FUNDS 72,311 149,012

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

YOUNGERTABBITT LIMITED (REGISTERED NUMBER: 08532862)

STATEMENT OF FINANCIAL POSITION - continued
31 MAY 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 November 2023 and were signed on its behalf by:





Mr L K Younger - Director


YOUNGERTABBITT LIMITED (REGISTERED NUMBER: 08532862)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023


1. STATUTORY INFORMATION

Youngertabbitt Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

YOUNGERTABBITT LIMITED (REGISTERED NUMBER: 08532862)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2022 - 24 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short and
leasehold fittings Totals
£    £    £   
COST
At 1 June 2022 116,134 44,749 160,883
Additions - 233 233
At 31 May 2023 116,134 44,982 161,116
DEPRECIATION
At 1 June 2022 85,176 33,561 118,737
Charge for year 11,613 4,859 16,472
At 31 May 2023 96,789 38,420 135,209
NET BOOK VALUE
At 31 May 2023 19,345 6,562 25,907
At 31 May 2022 30,958 11,188 42,146

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Other debtors 27,337 27,337

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Bank loans and overdrafts 10,100 10,417
Taxation and social security 45,429 93,305
Other creditors 40,060 42,940
95,589 146,662

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.23 31.5.22
£    £   
Bank loans 20,001 30,002

8. ULTIMATE CONTROLLING PARTY

At the year end no individual shareholder was considered as the ultimate controlling party.