YEG INSOLVENCY LIMITED

Company Registration Number:
SC576975 (Scotland)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

YEG INSOLVENCY LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

YEG INSOLVENCY LIMITED

Balance sheet

As at 31 December 2022


Notes

2022

2021


£

£
Fixed assets
Intangible assets: 3 26,979 21,884
Tangible assets: 4 0 45,705
Total fixed assets: 26,979 67,589
Current assets
Stocks: 0 105,324
Debtors:   324,161 276,251
Cash at bank and in hand: 860 462
Total current assets: 325,021 382,037
Creditors: amounts falling due within one year:   (213,973) (196,025)
Net current assets (liabilities): 111,048 186,012
Total assets less current liabilities: 138,027 253,601
Creditors: amounts falling due after more than one year:   (158,624) (150,000)
Provision for liabilities:   0
Total net assets (liabilities): (20,597) 103,601
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (20,697) 103,501
Shareholders funds: (20,597) 103,601

The notes form part of these financial statements

YEG INSOLVENCY LIMITED

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 12 February 2024
and signed on behalf of the board by:

Name: Derek McPhail
Status: Director

The notes form part of these financial statements

YEG INSOLVENCY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

YEG INSOLVENCY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2021
Average number of employees during the period 6 4

YEG INSOLVENCY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Intangible Assets

Total
Cost £
At 01 January 2022 21,884
Additions 5,095
At 31 December 2022 26,979
Amortisation
At 01 January 2022 0
Charge for year 0
On disposals 0
Other adjustments 0
At 31 December 2022 0
Net book value
At 31 December 2022 26,979
At 31 December 2021 21,884

YEG INSOLVENCY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Tangible Assets

Total
Cost £
At 01 January 2022 45,705
Additions 0
Disposals (45,705)
Revaluations 0
Transfers 0
At 31 December 2022 0
Depreciation
At 01 January 2022 0
At 31 December 2022 0
Net book value
At 31 December 2022 0
At 31 December 2021 45,705