REGISTERED NUMBER: |
Young Computer Consultancy Limited |
Unaudited Financial Statements |
for the Period 1 April 2023 to 29 February 2024 |
REGISTERED NUMBER: |
Young Computer Consultancy Limited |
Unaudited Financial Statements |
for the Period 1 April 2023 to 29 February 2024 |
Young Computer Consultancy Limited (Registered number: SC206163) |
Contents of the Financial Statements |
for the Period 1 April 2023 to 29 February 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Young Computer Consultancy Limited |
Company Information |
for the Period 1 April 2023 to 29 February 2024 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
The Lighthouse |
Heugh Road |
North Berwick |
EH39 5PX |
Young Computer Consultancy Limited (Registered number: SC206163) |
Balance Sheet |
29 February 2024 |
2024 | 2023 |
Notes | £ | £ |
CURRENT ASSETS |
Investments | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Fair value reserve | 7 |
Retained earnings |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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. |
Young Computer Consultancy Limited (Registered number: SC206163) |
Balance Sheet - continued |
29 February 2024 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Young Computer Consultancy Limited (Registered number: SC206163) |
Notes to the Financial Statements |
for the Period 1 April 2023 to 29 February 2024 |
1. | STATUTORY INFORMATION |
Young Computer Consultancy Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Tangible fixed assets |
Plant and machinery etc | - |
Financial instruments |
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. |
All loans with related parties are all repayable on demand. |
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. |
Turnover and revenue recognition |
The company did not trade during the current year but received income from its investments. |
Current asset investments |
Current asset investments are stated at their fair value at the balance sheet date. Any surplus or deficit arising from changes in fair value are recognised in the profit and loss account for the year, |
Deferred taxation is provided on any fair value surplus at the rate expected to apply when the investments are sold. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL (2023 - NIL). |
Young Computer Consultancy Limited (Registered number: SC206163) |
Notes to the Financial Statements - continued |
for the Period 1 April 2023 to 29 February 2024 |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 April 2023 |
Disposals | ( |
) |
At 29 February 2024 |
DEPRECIATION |
At 1 April 2023 |
Eliminated on disposal | ( |
) |
At 29 February 2024 |
NET BOOK VALUE |
At 29 February 2024 |
5. | CURRENT ASSET INVESTMENTS |
2024 | 2023 |
£ | £ |
Investments | - | 38,770 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Other creditors |
7. | RESERVES |
Fair |
value |
reserve |
£ |
At 1 April 2023 |
Transfer between reserves | (7,852 | ) |
At 29 February 2024 |