Company Registration No. 09019718 (England and Wales)
YAA Clothing Limited
Unaudited accounts
for the year ended 31 July 2023
YAA Clothing Limited
Unaudited accounts
Contents
YAA Clothing Limited
Statement of financial position
as at 31 July 2023
Tangible assets
17,613
18,071
Cash at bank and in hand
8,085
90,537
Creditors: amounts falling due within one year
(155,181)
(300,741)
Net current assets
180,212
335,179
Total assets less current liabilities
197,825
353,250
Provisions for liabilities
Deferred tax
(4,403)
(3,433)
Net assets
193,422
349,817
Called up share capital
100
100
Profit and loss account
193,322
349,717
Shareholders' funds
193,422
349,817
For the year ending 31 July 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 11 April 2024 and were signed on its behalf by
Zainab Sabir
Director
Company Registration No. 09019718
YAA Clothing Limited
Notes to the Accounts
for the year ended 31 July 2023
YAA Clothing Limited is a private company, limited by shares, registered in England and Wales, registration number 09019718. The registered office is 42 The Broadway, Oadby, Leicester, LE2 2HE.
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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:
Plant & machinery
Straight line - 5 years
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2022
26,798
-
26,798
Additions
6,130
18,200
24,330
Disposals
-
(18,200)
(18,200)
At 31 July 2023
32,928
-
32,928
At 1 August 2022
8,727
-
8,727
Charge for the year
6,588
-
6,588
At 31 July 2023
15,315
-
15,315
At 31 July 2023
17,613
-
17,613
At 31 July 2022
18,071
-
18,071
YAA Clothing Limited
Notes to the Accounts
for the year ended 31 July 2023
Amounts falling due within one year
Trade debtors
8,925
291,566
Amounts due from group undertakings etc.
9,560
22,760
Accrued income and prepayments
2,440
4,096
Other debtors
306,383
226,961
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
127,247
239,772
Amounts owed to group undertakings and other participating interests
55
55
Taxes and social security
22,348
56,247
Other creditors
2,531
1,667
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Average number of employees
During the year the average number of employees was 4 (2022: 4).