IRIS Accounts Production v23.3.0.418 09000532 director 1.7.22 30.6.23 30.6.23 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh090005322022-06-30090005322023-06-30090005322022-07-012023-06-30090005322021-06-30090005322021-07-012022-06-30090005322022-06-3009000532ns10:Originalns15:EnglandWales2022-07-012023-06-3009000532ns14:PoundSterlingns10:Original2022-07-012023-06-3009000532ns10:Originalns10:Director12022-07-012023-06-3009000532ns10:Original2022-07-012023-06-3009000532ns10:Original2023-06-3009000532ns10:Originalns10:CompanyLimitedByGuarantee2022-07-012023-06-3009000532ns10:Originalns10:SmallEntities2022-07-012023-06-3009000532ns10:Originalns10:AuditExempt-NoAccountantsReport2022-07-012023-06-3009000532ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3009000532ns10:SmallCompaniesRegimeForAccountsns10:Original2022-07-012023-06-3009000532ns10:Originalns10:FullAccounts2022-07-012023-06-3009000532ns10:CompanySecretary1ns10:Original2022-07-012023-06-3009000532ns10:Originalns10:RegisteredOffice2022-07-012023-06-3009000532ns10:Original2022-06-3009000532ns10:Originalns5:CurrentFinancialInstruments2023-06-3009000532ns10:Originalns5:CurrentFinancialInstruments2022-06-3009000532ns10:Originalns5:Non-currentFinancialInstruments2023-06-3009000532ns10:Originalns5:Non-currentFinancialInstruments2022-06-3009000532ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-06-3009000532ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-06-3009000532ns10:Original2021-07-012022-06-3009000532ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3009000532ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-3009000532ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-06-3009000532ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-07-012023-06-30
REGISTERED NUMBER: 09000532 (England and Wales)










Financial Statements

for the Year Ended 30 June 2023

for

Youth Engineering Scunthorpe Limited

Youth Engineering Scunthorpe Limited (Registered number: 09000532)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Youth Engineering Scunthorpe Limited

Company Information
for the Year Ended 30 June 2023







DIRECTOR: J D Connell





SECRETARY: N Hill





REGISTERED OFFICE: 6 Atkinsons Way
Foxhills Industrial Estate
Scunthorpe
North Lincolnshire
DN15 8QJ





REGISTERED NUMBER: 09000532 (England and Wales)





ACCOUNTANTS: SKS Bailey Group Limited
Suite 32/33 Normany Gateway,
Lysaghts Way,
Scunthorpe
North Lincolnshire
DN15 9YG

Youth Engineering Scunthorpe Limited (Registered number: 09000532)

Balance Sheet
30 June 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 138,618 403,550
Cash at bank 9,930 154,795
148,548 558,345
CREDITORS
Amounts falling due within one year 5 (300 ) (116,428 )
NET CURRENT ASSETS 148,248 441,917
TOTAL ASSETS LESS CURRENT
LIABILITIES

148,248

441,917

CREDITORS
Amounts falling due after more than one year 6 (149,526 ) (440,610 )
NET (LIABILITIES)/ASSETS (1,278 ) 1,307

RESERVES
Income and expenditure account 7 (1,278 ) 1,307
(1,278 ) 1,307

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 surplus or deficit 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.

Youth Engineering Scunthorpe Limited (Registered number: 09000532)

Balance Sheet - continued
30 June 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 director and authorised for issue on 22 November 2023 and were signed by:





J D Connell - Director


Youth Engineering Scunthorpe Limited (Registered number: 09000532)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Youth Engineering Scunthorpe Limited is a private company, limited by guarantee , 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
The going concern principle is no longer appropriate as the company ceased to trade on 30th June 2022.

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.

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 balance sheet date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 surplus or deficit 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 17 ).

Youth Engineering Scunthorpe Limited (Registered number: 09000532)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 138,012 298,319
Other debtors - 105,215
Tax 606 -
Prepayments - 16
138,618 403,550

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 91,246
Corporation tax - 3,125
Social security and other tax - 3,913
VAT - 15,551
Pension fund - 866
Accrued expenses 300 1,727
300 116,428

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 149,526 440,610

7. RESERVES
Income
and
expenditure
account
£   

At 1 July 2022 1,307
Deficit for the year (2,585 )
At 30 June 2023 (1,278 )

8. OTHER FINANCIAL COMMITMENTS

Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) has a charge (charge code-090005320001) registered against company since 23/07/2014 as per below:

Contains fixed charge.
Contains floating charge.
Floating charge covers all the property or undertaking of the company.
Contains negative pledge.

Youth Engineering Scunthorpe Limited (Registered number: 09000532)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

9. RELATED PARTY DISCLOSURES

On 30th June 2023, the company owed its controlling charity, Youth Engineering Project, £149,526 (2022-£349,526). T Strawson is a trustee director of Youth Engineering Project.

On 30th June 2023, Bradbury Group Limited, a company of which T Strawson is a director, owed the company £138,012 (2022-£296,148).