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REGISTERED NUMBER: 11902008 (England and Wales)


Yeti Management Limited

Abridged Unaudited Financial Statements

for the Year Ended 29 February 2024






Yeti Management Limited (Registered number: 11902008)






Contents of the Financial Statements
for the year ended 29 February 2024




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


Yeti Management Limited

Company Information
for the year ended 29 February 2024







DIRECTOR: Mr A O Yetis





REGISTERED OFFICE: 124 Tilehurst Road
London
SW18 3EY





REGISTERED NUMBER: 11902008 (England and Wales)





ACCOUNTANTS: Alton & Co
Chartered Accountants
239-241 Kennington Lane
London
SE11 5QU

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Yeti Management Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Yeti Management Limited for the year ended 29 February 2024 which comprise the Abridged Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Yeti Management Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Yeti Management Limited and state those matters that we have agreed to state to the director of Yeti Management Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Yeti Management Limited and its director for our work or for this report.

It is your duty to ensure that Yeti Management Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Yeti Management Limited. You consider that Yeti Management Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Yeti Management Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Alton & Co
Chartered Accountants
239-241 Kennington Lane
London
SE11 5QU


8 March 2024

Yeti Management Limited (Registered number: 11902008)

Statement of Financial Position
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 159 399

CURRENT ASSETS
Debtors 5 10,366 10,290
Cash at bank 20,311 10,215
30,677 20,505
CREDITORS
Amounts falling due within one year 6 28,350 20,142
NET CURRENT ASSETS 2,327 363
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,486

762

PROVISIONS FOR LIABILITIES 7 35 76
NET ASSETS 2,451 686

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 2,351 586
SHAREHOLDERS' FUNDS 2,451 686

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Yeti Management Limited (Registered number: 11902008)

Statement of Financial Position - continued
29 February 2024


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

All the members have consented to the preparation of an abridged Income Statement for the year ended 29 February 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 March 2024 and were signed by:





Mr A O Yetis - Director


Yeti Management Limited (Registered number: 11902008)

Notes to the Financial Statements
for the year ended 29 February 2024

1. STATUTORY INFORMATION

Yeti Management Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

The company's single source of revenue is derived from the supply of consultancy services.
Revenue is recognised when company satisfies the performance obligations.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Yeti Management Limited (Registered number: 11902008)

Notes to the Financial Statements - continued
for the year ended 29 February 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
£   
COST
At 1 March 2023
and 29 February 2024 1,199
DEPRECIATION
At 1 March 2023 800
Charge for year 240
At 29 February 2024 1,040
NET BOOK VALUE
At 29 February 2024 159
At 28 February 2023 399

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 10,000 10,000
Other debtors 366 290
10,366 10,290

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 108 -
Taxation and social security 26,330 15,985
Other creditors 1,912 4,157
28,350 20,142

Yeti Management Limited (Registered number: 11902008)

Notes to the Financial Statements - continued
for the year ended 29 February 2024

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 35 76

Deferred
tax
£   
Balance at 1 March 2023 76
Credit to Income Statement during year (41 )
Balance at 29 February 2024 35

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 March 2023 586
Profit for the year 79,265
Dividends (77,500 )
At 29 February 2024 2,351

10. RELATED PARTY DISCLOSURES

Transactions with member of Key Management Personnel:

Company owe £712 (2023:£1,276) at balance sheet date. An interest free loan payable on demand and is presented within creditors.