Company Registration No. 12490230 (England and Wales)
Yardley Holdings Limited
Unaudited financial statements
For the year ended 28 February 2023
Pages for filing with registrar
YARDLEY HOLDINGS LIMITED
Yardley Holdings Limited
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
YARDLEY HOLDINGS LIMITED
Yardley Holdings Limited
BALANCE SHEET
AS AT
28 FEBRUARY 2023
28 February 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Investments
4
74
53
Current assets
Debtors
5
100
Creditors: amounts falling due within one year
6
(4,111)
(2,811)
Net current liabilities
(4,111)
(2,711)
Net liabilities
(4,037)
(2,658)
Capital and reserves
Called up share capital
7
100
100
Profit and loss reserves
(4,137)
(2,758)
Total equity
(4,037)
(2,658)
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 17 November 2023
I Yardley
Director
Company Registration No. 12490230
YARDLEY HOLDINGS LIMITED
Yardley Holdings Limited
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
- 2 -
1
Accounting policies
Company information
Yardley Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is 55 Loudoun Road, St John's Wood, London, NW8 0DL.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Going concern
Atruet the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements. The director has confirmed that they will continue to make funds available in order to ensure that the company can meet its day to day liabilities as they fall due.
1.3
Fixed asset investments
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
2
Judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
3
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
YARDLEY HOLDINGS LIMITED
Yardley Holdings Limited
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2023
- 3 -
4
Fixed asset investments
2023
2022
£
£
Other investments
74
53
Movements in fixed asset investments
Investments
£
Cost or valuation
At 1 March 2022
53
Additions
21
At 28 February 2023
74
Carrying amount
At 28 February 2023
74
At 28 February 2022
53
5
Debtors
2023
2022
Amounts falling due within one year:
£
£
Other debtors
100
6
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
1,339
998
Other creditors
2,772
1,813
4,111
2,811
7
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100