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YTCREATIVES LTD

Registered Number
14226872
(England and Wales)

Unaudited Financial Statements for the Period ended
31 July 2023

YTCREATIVES LTD
Company Information
for the period from 11 July 2022 to 31 July 2023

Director

CHIU, Yuen Tung

Registered Address

320 City Road
London
EC1V 2NZ

Registered Number

14226872 (England and Wales)
YTCREATIVES LTD
Balance Sheet as at
31 July 2023

Notes

2023

£

£

Current assets
Debtors36,425
Cash at bank and on hand56,209
92,634
Creditors amounts falling due within one year(29,958)
Net current assets (liabilities)62,676
Total assets less current liabilities62,676
Net assets62,676
Capital and reserves
Called up share capital1
Profit and loss account62,675
Shareholders' funds62,676
The financial statements were approved and authorised for issue by the Director on 23 January 2024, and are signed on its behalf by:
CHIU, Yuen Tung
Director
Registered Company No. 14226872
YTCREATIVES LTD
Notes to the Financial Statements
for the period ended 31 July 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
4.Employee information

2023
Average number of employees during the year1