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YOUNG & C LIMITED




Company Registration Number:
06536337 (England and Wales)



Abbreviated (Unaudited) Accounts



Period of accounts


Start date: 01st April 2009

End date: 31st March 2010

SUBMITTED

YOUNG & C LIMITED

Company Information
for the Period Ended
31st March 2010




Director: Huiliang YANG
Company secretary: Xiao Guang CAO
Registered office: UNIT 6 Hillview Studios
160 Eltham Hill
London
SE9 5EA
Company Registration Number: 06536337 (England and Wales)

YOUNG & C LIMITED

Abbreviated Balance sheet
As at 31st March 2010

Notes 2010
£
2009
£
Fixed assets
Tangible assets: 2 2,723 0
Total fixed assets: 2,723 0
Current assets
Stocks: 303 50
Cash at bank and in hand: 2,508 162
Total current assets: 2,811 212
Creditors
Creditors: amounts falling due within one year 3 9,791 600
Net current assets (liabilities): ( 6,980 ) ( 388 )
Total assets less current liabilities: ( 4,257 ) ( 388 )
Total net assets (liabilities): ( 4,257 ) ( 388 )

The notes form part of these financial statements

YOUNG & C LIMITED

Abbreviated Balance sheet
As at 31st March 2010
continued

Notes 2010
£
2009
£
Capital and reserves
Called up share capital: 4 10 10
Profit and Loss account: ( 4,267 ) ( 398 )
Total shareholders funds: ( 4,257 ) ( 388 )

For the year ending 31 March 2010 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.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 20 August 2010

SIGNED ON BEHALF OF THE BOARD BY:

Name: Huiliang YANG
Status: Director

The notes form part of these financial statements

YOUNG & C LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
31st March 2010

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities.

    Turnover policy

    Turnover comprises the invoiced value of goods and services supplied by the company.

    Tangible fixed assets depreciation policy

    Office Equipment 25% on reducing balance basis

  • 2. Tangible assets

    Total
    Cost £
    At 01st April 2009: 0
    Additions: 3,631
    At 31st March 2010: 3,631
    Depreciation
    At 01st April 2009: 0
    Charge for year: 908
    At 31st March 2010: 908
    Net book value
    At 31st March 2010: 2,723
    At 31st March 2009: 0

  • 3. Creditors: amounts falling due within one year

    2010
    £
    2009
    £
    Other creditors: 9,791 600
    Total: 9,791 600

  • 4. Called up share capital

    Allotted, called up and paid

    Previous period 2009
    Class Number of shares Nominal value per share Total
    Ordinary shares: 10 1 10
    Total share capital: 10
    Current period 2010
    Class Number of shares Nominal value per share Total
    Ordinary shares: 10 1 10
    Total share capital: 10