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REGISTERED NUMBER: 11293482 (England and Wales)















YODDY LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024






YODDY LIMITED (REGISTERED NUMBER: 11293482)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


YODDY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTOR: J R S Kay





REGISTERED OFFICE: 2 Alexandra Gate
Ffordd Pengam
Cardiff
CF24 2SA





REGISTERED NUMBER: 11293482 (England and Wales)





ACCOUNTANTS: Carston Chartered Accountants
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ

YODDY LIMITED (REGISTERED NUMBER: 11293482)

STATEMENT OF FINANCIAL POSITION
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 4,777 5,947
Tangible assets 5 36,957 4,185
41,734 10,132

CURRENT ASSETS
Debtors 6 481 -
Prepayments and accrued income 4,481 -
Cash at bank 3,268 8,792
8,230 8,792
CREDITORS
Amounts falling due within one year 7 17,945 7,611
NET CURRENT (LIABILITIES)/ASSETS (9,715 ) 1,181
TOTAL ASSETS LESS CURRENT LIABILITIES 32,019 11,313

CREDITORS
Amounts falling due after more than one
year

8

21,925

-
NET ASSETS 10,094 11,313

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 10,093 11,312
SHAREHOLDERS' FUNDS 10,094 11,313

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

YODDY LIMITED (REGISTERED NUMBER: 11293482)

STATEMENT OF FINANCIAL POSITION - continued
31ST MARCH 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 22nd April 2024 and were signed by:





J R S Kay - Director


YODDY LIMITED (REGISTERED NUMBER: 11293482)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024


1. STATUTORY INFORMATION

Yoddy Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% straight line on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 20% straight line on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - NIL ) .

YODDY LIMITED (REGISTERED NUMBER: 11293482)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st April 2023
and 31st March 2024 11,700
AMORTISATION
At 1st April 2023 5,753
Amortisation for year 1,170
At 31st March 2024 6,923
NET BOOK VALUE
At 31st March 2024 4,777
At 31st March 2023 5,947

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1st April 2023 10,382 - 1,891 12,273
Additions - 46,970 - 46,970
At 31st March 2024 10,382 46,970 1,891 59,243
DEPRECIATION
At 1st April 2023 6,229 - 1,859 8,088
Charge for year 2,077 11,743 378 14,198
At 31st March 2024 8,306 11,743 2,237 22,286
NET BOOK VALUE
At 31st March 2024 2,076 35,227 (346 ) 36,957
At 31st March 2023 4,153 - 32 4,185

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 481 -

YODDY LIMITED (REGISTERED NUMBER: 11293482)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 9,396 -
Taxation and social security 7,634 6,692
Other creditors 915 919
17,945 7,611

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 21,925 -

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1