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Company Registration No. 09267918 (England and Wales)
Yan Construction (UK) Ltd Unaudited accounts for the year ended 31 October 2023
Yan Construction (UK) Ltd Unaudited accounts Contents
Page
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Yan Construction (UK) Ltd Company Information for the year ended 31 October 2023
Director
Nii Annan
Company Number
09267918 (England and Wales)
Registered Office
84 LANDSEER AVENUE BRISTOL BS7 9YL ENGLAND
Accountants
Evans Entwistle 10 Fountain Court, Elm House New Leaze Bradley Stoke Bristol BS32 4LA
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Yan Construction (UK) Ltd for the year ended 31 October 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Yan Construction (UK) Ltd for the year ended 31 October 2023 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle Member in Practice 10 Fountain Court, Elm House New Leaze Bradley Stoke Bristol BS32 4LA 31 July 2024
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Yan Construction (UK) Ltd Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,702 
3,546 
Current assets
Debtors
510 
10,138 
Cash at bank and in hand
3 
1 
513 
10,139 
Creditors: amounts falling due within one year
(7,673)
(9,032)
Net current (liabilities)/assets
(7,160)
1,107 
Total assets less current liabilities
(3,458)
4,653 
Creditors: amounts falling due after more than one year
(28,195)
(18,605)
Provisions for liabilities
Deferred tax
(703)
(673)
Net liabilities
(32,356)
(14,625)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(32,357)
(14,626)
Shareholders' funds
(32,356)
(14,625)
For the year ending 31 October 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 31 July 2024 and were signed on its behalf by
Nii Annan Director Company Registration No. 09267918
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Yan Construction (UK) Ltd Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Yan Construction (UK) Ltd is a private company, limited by shares, registered in England and Wales, registration number 09267918. The registered office is 84 LANDSEER AVENUE, BRISTOL, BS7 9YL, ENGLAND.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
3 years
Computer equipment
3 years
Deferred taxation
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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Yan Construction (UK) Ltd Notes to the Accounts for the year ended 31 October 2023
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2022
4,120 
2,000 
6,120 
Additions
- 
2,470 
2,470 
At 31 October 2023
4,120 
4,470 
8,590 
Depreciation
At 1 November 2022
1,463 
1,111 
2,574 
Charge for the year
824 
1,490 
2,314 
At 31 October 2023
2,287 
2,601 
4,888 
Net book value
At 31 October 2023
1,833 
1,869 
3,702 
At 31 October 2022
2,657 
889 
3,546 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
239 
706 
Other debtors
271 
9,432 
510 
10,138 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
7,673 
6,930 
Taxes and social security
- 
2,102 
7,673 
9,032 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
11,510 
18,605 
Loans from directors
16,685 
- 
28,195 
18,605 
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Yan Construction (UK) Ltd Notes to the Accounts for the year ended 31 October 2023
8
Deferred taxation
2023 
2022 
£ 
£ 
Accelerated capital allowances
703 
673 
2023 
2022 
£ 
£ 
Provision at start of year
673 
781 
Charged/(credited) to the profit and loss account
30 
(108)
Provision at end of year
703 
673 
9
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
10
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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