Company Registration No. 10861515 (England and Wales)
YS ONLINE LTD
Unaudited accounts
for the year ended 30 June 2023
YS ONLINE LTD
Unaudited accounts
Contents
YS ONLINE LTD
Company Information
for the year ended 30 June 2023
Directors
Shakeel Ibrahim
Yasin Moosa Patel
Company Number
10861515 (England and Wales)
Registered Office
249 KATHERINE ROAD
LONDON
E7 8PP
UNITED KINGDOM
YS ONLINE LTD
Statement of financial position
as at 30 June 2023
Tangible assets
1,133
1,416
Cash at bank and in hand
156,373
94,569
Creditors: amounts falling due within one year
(71,320)
(26,919)
Net current assets
139,079
90,650
Called up share capital
2
2
Profit and loss account
140,210
92,064
Shareholders' funds
140,212
92,066
For the year ending 30 June 2023 the company was entitled to exemption from audit 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 and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 March 2024 and were signed on its behalf by
Shakeel Ibrahim
Director
Company Registration No. 10861515
YS ONLINE LTD
Notes to the Accounts
for the year ended 30 June 2023
YS ONLINE LTD is a private company, limited by shares, registered in England and Wales, registration number 10861515. The registered office is 249 KATHERINE ROAD, LONDON, E7 8PP, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
18% on WDV
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2022
1,732
1,235
2,967
At 30 June 2023
1,732
1,235
2,967
At 1 July 2022
1,106
445
1,551
Charge for the year
125
158
283
At 30 June 2023
1,231
603
1,834
At 30 June 2023
501
632
1,133
At 30 June 2022
626
790
1,416
Amounts falling due within one year
Other debtors
47,000
23,000
Amounts falling due after more than one year
YS ONLINE LTD
Notes to the Accounts
for the year ended 30 June 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
36,108
42,700
Taxes and social security
33,089
19,432
Proposed dividends
-
(50,000)
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).