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REGISTERED NUMBER: 04221996 (England and Wales)















Financial Statements for the Year Ended 30th June 2023

for

Yogamatters Ltd

Yogamatters Ltd (Registered number: 04221996)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Yogamatters Ltd

Company Information
for the Year Ended 30th June 2023







DIRECTORS: T Doherty
P Slee
S Smith
M F Klein





REGISTERED OFFICE: Oakforest House
1-5 Summerland Gardens
London
N10 3QN





REGISTERED NUMBER: 04221996 (England and Wales)





ACCOUNTANTS: Armstrong & Co
Chartered Accountants
4a Printing House Yard
Hackney Road
London
E2 7PR

Yogamatters Ltd (Registered number: 04221996)

Balance Sheet
30th June 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,055 2,466
Tangible assets 5 6,262 11,140
Investments 6 1 1
8,318 13,607

CURRENT ASSETS
Stocks 624,666 783,599
Debtors 7 102,779 106,383
Cash at bank and in hand 586,625 498,750
1,314,070 1,388,732
CREDITORS
Amounts falling due within one year 8 376,330 308,041
NET CURRENT ASSETS 937,740 1,080,691
TOTAL ASSETS LESS CURRENT
LIABILITIES

946,058

1,094,298

PROVISIONS FOR LIABILITIES 1,220 1,220
NET ASSETS 944,838 1,093,078

CAPITAL AND RESERVES
Called up share capital 9 100 100
Share premium 10 99,970 99,970
Retained earnings 10 844,768 993,008
SHAREHOLDERS' FUNDS 944,838 1,093,078

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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.

Yogamatters Ltd (Registered number: 04221996)

Balance Sheet - continued
30th 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 Board of Directors and authorised for issue on 18th December 2023 and were signed on its behalf by:





T Doherty - Director


Yogamatters Ltd (Registered number: 04221996)

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


1. STATUTORY INFORMATION

Yogamatters Ltd 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Trademarks are being amortised evenly over their estimated useful life of ten years.

Domain name is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on cost
Plant and machinery - 25% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 20% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at 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 balance sheet date.


Yogamatters Ltd (Registered number: 04221996)

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


2. ACCOUNTING POLICIES - continued
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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2022 - 16 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1st July 2022
and 30th June 2023 44,111
AMORTISATION
At 1st July 2022 41,645
Charge for year 411
At 30th June 2023 42,056
NET BOOK VALUE
At 30th June 2023 2,055
At 30th June 2022 2,466

Yogamatters Ltd (Registered number: 04221996)

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


5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1st July 2022 7,452 91,566 10,754 45,096 154,868
Additions - - - 1,680 1,680
At 30th June 2023 7,452 91,566 10,754 46,776 156,548
DEPRECIATION
At 1st July 2022 4,471 91,566 10,475 37,216 143,728
Charge for year 1,491 - 279 4,788 6,558
At 30th June 2023 5,962 91,566 10,754 42,004 150,286
NET BOOK VALUE
At 30th June 2023 1,490 - - 4,772 6,262
At 30th June 2022 2,981 - 279 7,880 11,140

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1st July 2022
and 30th June 2023 1
NET BOOK VALUE
At 30th June 2023 1
At 30th June 2022 1

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 37,263 43,654
Other debtors 65,516 62,729
102,779 106,383

Yogamatters Ltd (Registered number: 04221996)

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


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 220,508 155,569
Taxation and social security 104,982 107,955
Other creditors 50,840 44,517
376,330 308,041

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
10,026 Ordinary £0.01 100 100

10. RESERVES
Retained Share
earnings premium Totals
£    £    £   

At 1st July 2022 993,008 99,970 1,092,978
Deficit for the year (148,240 ) (148,240 )
At 30th June 2023 844,768 99,970 944,738

11. OTHER FINANCIAL COMMITMENTS

At 30th June 2023 the company had total commitments under non-cancellable operating leases over the life of those leases of £75,500.