1 January 2023 false No description of principal activity Taxfiler 2024.1 true 13596871business:PrivateLimitedCompanyLtd2023-01-012023-12-31 135968712022-12-31 135968712023-01-012023-12-31 13596871business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 13596871business:FilletedAccounts2023-01-012023-12-31 135968712023-12-31 13596871business:Director12023-01-012023-12-31 13596871business:RegisteredOffice2023-01-012023-12-31 135968712022-12-31 13596871core:WithinOneYear2023-12-31 13596871core:WithinOneYear2022-12-31 13596871core:AfterOneYear2023-12-31 13596871core:AfterOneYear2022-12-31 13596871core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 13596871core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 13596871core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 13596871core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 13596871core:PreviouslyStatedAmount2023-12-31 13596871core:PreviouslyStatedAmount2022-12-31 13596871business:SmallEntities2023-01-012023-12-31 13596871countries:EnglandWales2023-01-012023-12-31 13596871business:OrdinaryShareClass12023-01-012023-12-31 13596871business:OrdinaryShareClass12021-09-012022-12-31 135968712021-09-012022-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 13596871 (England and Wales)
YoungCapital Solutions. UK Ltd Unaudited accounts for the year ended 31 December 2023
YoungCapital Solutions. UK Ltd Unaudited accounts Contents
Page
- 2 -
YoungCapital Solutions. UK Ltd Company Information for the year ended 31 December 2023
Director
Bram Bosveld
Company Number
13596871 (England and Wales)
Registered Office
71-75 SHELTON STREET COVENT GARDEN LONDON WC2H 9JQ UNITED KINGDOM
- 3 -
YoungCapital Solutions. UK Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Inventories
- 
138,546 
Debtors
97,530 
106,917 
Cash at bank and in hand
59,343 
17,794 
156,873 
263,257 
Creditors: amounts falling due within one year
(49,248)
(28,555)
Net current assets
107,625 
234,702 
Total assets less current liabilities
107,625 
234,702 
Creditors: amounts falling due after more than one year
(88,251)
(227,487)
Net assets
19,374 
7,215 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
19,274 
7,115 
Shareholders' funds
19,374 
7,215 
For the year ending 31 December 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 his 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 5 April 2024 and were signed on its behalf by
Bram Bosveld Director Company Registration No. 13596871
- 4 -
YoungCapital Solutions. UK Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
YoungCapital Solutions. UK Ltd is a private company, limited by shares, registered in England and Wales, registration number 13596871. The registered office is 71-75 SHELTON STREET, COVENT GARDEN, LONDON, WC2H 9JQ, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The directors have considered the effect of the Covid-19 outbreak. The directors consider that the outbreak is unlikely to cause a significant disruption to the company’s business and are confident that the company can continue as a going concern for a period of at least twelve months from the date of approval of these financial statements. The directors have a reasonable expectation that the company has adequate resources to continue in operation for the foreseeable future.
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense. The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
88,890 
77,634 
Accrued income and prepayments
8,640 
20,663 
Other debtors
- 
8,620 
97,530 
106,917 
- 5 -
YoungCapital Solutions. UK Ltd Notes to the Accounts for the year ended 31 December 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
1,854 
3,339 
Taxes and social security
36,149 
24,424 
Other creditors
1,238 
792 
Accruals
10,007 
- 
49,248 
28,555 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Amounts owed to group undertakings and other participating interests
88,251 
227,487 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 41 (2022: 33).
- 6 -