Company Registration No. 04738072 (England and Wales)
Yannons Limited
Unaudited accounts
for the year ended 31 July 2023
Yannons Limited
Unaudited accounts
Contents
Yannons Limited
Company Information
for the year ended 31 July 2023
Company Number
04738072 (England and Wales)
Registered Office
3 Yannon Towers
The Yannons
Teignmouth
Devon
TQ14 9UE
United Kingdom
Yannons Limited
Statement of financial position
as at 31 July 2023
Cash at bank and in hand
31,709
30,169
Creditors: amounts falling due within one year
(60,659)
(55,144)
Net current assets
65,636
64,195
Called up share capital
1
1
Profit and loss account
65,906
64,692
Shareholders' funds
65,907
64,693
For the year ending 31 July 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 director acknowledges her 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 and authorised for issue on 2 April 2024 and were signed on its behalf by
D O'Connor
Director
Company Registration No. 04738072
Yannons Limited
Notes to the Accounts
for the year ended 31 July 2023
Yannons Limited is a private company, limited by shares, registered in England and Wales, registration number 04738072. The registered office is 3 Yannon Towers, The Yannons, Teignmouth, Devon, TQ14 9UE, 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.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of services provided and costs recharged to clients during the accounting period.
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
25% on cost
Computer equipment
25% on cost
The company makes contributions to employee pension schemes. Contributions payable are recognised in the profit and loss account when they become due in accordance with contractual arrangements.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2022
5,886
13,437
19,323
At 31 July 2023
5,886
13,437
19,323
At 1 August 2022
5,886
12,939
18,825
Charge for the year
-
227
227
At 31 July 2023
5,886
13,166
19,052
Yannons Limited
Notes to the Accounts
for the year ended 31 July 2023
Amounts falling due within one year
Trade debtors
39,734
32,622
Accrued income and prepayments
54,352
56,048
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
23,901
19,354
Loans from directors
31,455
29,951
7
Operating lease commitments
2023
2022
At 31 July 2023 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
2,500
5,000
8
Average number of employees
During the year the average number of employees was 5 (2022: 5).