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Company Registration No. 12488957 (England and Wales)
YBA Solutions Limited Unaudited accounts for the year ended 28 February 2023
YBA Solutions Limited Unaudited accounts Contents
Page
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YBA Solutions Limited Company Information for the year ended 28 February 2023
Director
Daniel Schreiber
Company Number
12488957 (England and Wales)
Registered Office
36 THE RIDGEWAY LONDON NW11 8QS UNITED KINGDOM
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YBA Solutions Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
273 
312 
Tangible assets
216 
431 
489 
743 
Current assets
Inventories
42,000 
64,850 
Debtors
9,942 
14,389 
Cash at bank and in hand
37,062 
16,923 
89,004 
96,162 
Creditors: amounts falling due within one year
(49,597)
(42,494)
Net current assets
39,407 
53,668 
Total assets less current liabilities
39,896 
54,411 
Creditors: amounts falling due after more than one year
(42,592)
(47,736)
Net (liabilities)/assets
(2,696)
6,675 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(2,697)
6,674 
Shareholders' funds
(2,696)
6,675 
For the year ending 28 February 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 30 October 2023 and were signed on its behalf by
Daniel Schreiber Director Company Registration No. 12488957
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YBA Solutions Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
YBA Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 12488957. The registered office is 36 THE RIDGEWAY, LONDON, NW11 8QS, 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.
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.
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:
Computer equipment
33%
Other tangible fixed assets
10%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 March 2022
390 
At 28 February 2023
390 
Amortisation
At 1 March 2022
78 
Charge for the year
39 
At 28 February 2023
117 
Net book value
At 28 February 2023
273 
At 28 February 2022
312 
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YBA Solutions Limited Notes to the Accounts for the year ended 28 February 2023
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2022
861 
At 28 February 2023
861 
Depreciation
At 1 March 2022
430 
Charge for the year
215 
At 28 February 2023
645 
Net book value
At 28 February 2023
216 
At 28 February 2022
431 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
1,735 
Trade debtors
5,817 
2,126 
Amounts due from group undertakings etc.
4,125 
4,125 
Other debtors
- 
6,403 
9,942 
14,389 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
5,612 
4,973 
VAT
10,409 
- 
Trade creditors
1,444 
588 
Amounts owed to group undertakings and other participating interests
26,648 
26,648 
Taxes and social security
996 
2,177 
Other creditors
792 
7,412 
Loans from directors
446 
(54)
Accruals
3,250 
750 
49,597 
42,494 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
42,592 
47,736 
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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