Caseware UK (AP4) 2023.0.135 2023.0.135 2023-05-312023-05-312022-06-012truefalse2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11993729 2022-06-01 2023-05-31 11993729 2021-06-01 2022-05-31 11993729 2023-05-31 11993729 2022-05-31 11993729 c:Director1 2022-06-01 2023-05-31 11993729 d:CurrentFinancialInstruments 2023-05-31 11993729 d:CurrentFinancialInstruments 2022-05-31 11993729 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 11993729 d:CurrentFinancialInstruments d:WithinOneYear 2022-05-31 11993729 d:ShareCapital 2023-05-31 11993729 d:ShareCapital 2022-05-31 11993729 d:RetainedEarningsAccumulatedLosses 2023-05-31 11993729 d:RetainedEarningsAccumulatedLosses 2022-05-31 11993729 c:OrdinaryShareClass1 2022-06-01 2023-05-31 11993729 c:OrdinaryShareClass1 2023-05-31 11993729 c:OrdinaryShareClass1 2022-05-31 11993729 c:FRS102 2022-06-01 2023-05-31 11993729 c:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 11993729 c:FullAccounts 2022-06-01 2023-05-31 11993729 c:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 11993729 e:PoundSterling 2022-06-01 2023-05-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 11993729














YALA! PUBLISHING LIMITED

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

 
YALA! PUBLISHING LIMITED
REGISTERED NUMBER:11993729

BALANCE SHEET
AS AT 31 MAY 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
33,364
38,116

Cash in hand
 5 
13,256
100

  
46,620
38,216

Creditors: amounts falling due within one year
 6 
(65,427)
(53,808)

Net current liabilities
  
 
 
(18,807)
 
 
(15,592)

Total assets less current liabilities
  
(18,807)
(15,592)

  

Net liabilities
  
(18,807)
(15,592)


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
(18,907)
(15,692)

  
(18,807)
(15,592)


The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




I McAndrew
Director

Date: 26 February 2024

The notes on pages 2 to 4 form part of these financial statements.
Page 1

 
YALA! PUBLISHING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1.


General information

Yala! Publishing Limited is a private company, limited by shares, registered in England and Wales, registration number 11993729. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.

The principal activity of the company continued to be that of music publishing.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of the Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

  
2.2

Functional and presentation currency

The company's functional and presentational currency is pound sterling.

 
2.3

Going concern

The financial statements have been prepared on the going concern basis as the directors have confirmed they will continue to provide necessary funding in order for the company to maintain operations and meet liabilities in full for at least the next 12 months. On this basis, the directors are satisfied that the financial statements should be prepared on a going concern basis.

 
2.4

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 
Turnover from music publishing is recognised when it is probable the company will receive the right to the consideration due under the contract.
Royalties receivable are recognised at the year end date by the company. Royalties payable are calculated by reference to statements of account user for determining royalties receivable.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.6

Cash

Cash is represented by deposits with financial institutions repayable without penalty on notice of not more than 24 hours. 

 
2.7

Creditors

Short-term creditors are measured at the transaction price.
Page 2

 
YALA! PUBLISHING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

2.Accounting policies (continued)

 
2.8

Financial instruments

The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors, trade and other creditors, and loans with related parties.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Debtors

2023
2022
£
£


Trade debtors
-
602

Other debtors
33,101
37,273

Prepayments
263
241

33,364
38,116



5.


Cash

2023
2022
£
£

Cash at bank and in hand
13,256
100



6.


Creditors: amounts falling due within one year

2023
2022
£
£

Trade creditors
-
22,580

Other taxation and social security
393
-

Other creditors
59,634
28,978

Accruals
5,400
2,250

65,427
53,808


Page 3

 
YALA! PUBLISHING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) ordinary shares of £1.00 each
100
100


The ordinary shares have attached to them full voting, dividend and capital distribution (including on winding up) rights. They do not confer any rights of redemption.


8.


Transactions with directors

As at the year end, the company owed £4,222 (2022 - £NIL) to the directors. The loan is unsecured, interest free and repayable on demand.

 
Page 4