Y NOT RECYCLE LTD

Company Registration Number:
NI051774 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

Y NOT RECYCLE LTD

Contents of the Financial Statements

for the Period Ended 31 May 2023

Balance sheet
Notes

Y NOT RECYCLE LTD

Balance sheet

As at 31 May 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 596,799 626,689
Total fixed assets: 596,799 626,689
Current assets
Stocks: 105,393 122,789
Debtors:   314,531 295,152
Cash at bank and in hand: 26,289 76,808
Total current assets: 446,213 494,749
Creditors: amounts falling due within one year:   (242,768) (280,805)
Net current assets (liabilities): 203,445 213,944
Total assets less current liabilities: 800,244 840,633
Creditors: amounts falling due after more than one year:   (147,754) (214,108)
Total net assets (liabilities): 652,490 626,525
Capital and reserves
Called up share capital: 800 800
Other reserves: 200 200
Profit and loss account: 651,490 625,525
Shareholders funds: 652,490 626,525

The notes form part of these financial statements

Y NOT RECYCLE LTD

Balance sheet statements

For the year ending 31 May 2023 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 30 June 2023
and signed on behalf of the board by:

Name: Mr K Woodside
Status: Director

The notes form part of these financial statements

Y NOT RECYCLE LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

1. Accounting policies

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

Y NOT RECYCLE LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

2. Employees

2023 2022
Average number of employees during the period 34 34

Y NOT RECYCLE LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Tangible Assets

Total
Cost £
At 01 June 2022 901,210
Additions 13,436
Disposals (358)
At 31 May 2023 914,288
Depreciation
At 01 June 2022 274,521
Charge for year 42,968
At 31 May 2023 317,489
Net book value
At 31 May 2023 596,799
At 31 May 2022 626,689