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REGISTERED NUMBER: 11638202 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

S&Yan Limited

S&Yan Limited (Registered number: 11638202)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


S&Yan Limited

Company Information
for the Year Ended 31 October 2023







DIRECTORS: S C Lee
Miss Z Wang





REGISTERED OFFICE: Taos Restaurant
3 Rowan Place
Prestwich
Manchester
M25 0RP





REGISTERED NUMBER: 11638202 (England and Wales)





ACCOUNTANTS: Lucas Reis Ltd
Chartered Accountants
Lansdowne House
85 Buxton Road
Stockport
Cheshire
SK2 6LR

S&Yan Limited (Registered number: 11638202)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,351 21,452

CURRENT ASSETS
Stocks 4,820 5,841
Debtors 5 - 6,093
Cash at bank and in hand 104,999 211,632
109,819 223,566
CREDITORS
Amounts falling due within one year 6 53,475 170,871
NET CURRENT ASSETS 56,344 52,695
TOTAL ASSETS LESS CURRENT
LIABILITIES

75,695

74,147

CREDITORS
Amounts falling due after more than one
year

7

17,359

-
NET ASSETS 58,336 74,147

CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Retained earnings 57,336 73,147
SHAREHOLDERS' FUNDS 58,336 74,147

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

S&Yan Limited (Registered number: 11638202)

Balance Sheet - continued
31 October 2023


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 Board of Directors and authorised for issue on 31 July 2024 and were signed on its behalf by:





S C Lee - Director


S&Yan Limited (Registered number: 11638202)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

S&Yan 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

S&Yan Limited (Registered number: 11638202)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

The company contributes to a defined contributions pension scheme. Contributions payable to the nominated workplace 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 11 (2022 - 16 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022 30,183
Additions 2,736
At 31 October 2023 32,919
DEPRECIATION
At 1 November 2022 8,731
Charge for year 4,837
At 31 October 2023 13,568
NET BOOK VALUE
At 31 October 2023 19,351
At 31 October 2022 21,452

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Other debtors - 6,093

S&Yan Limited (Registered number: 11638202)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 9,277 -
Trade creditors - 1
Tax 8,905 94,391
Social security and other taxes 391 200
VAT 14,893 14,770
Other creditors 1,528 35,912
Directors' current accounts 1,005 6,390
Accruals and deferred income 17,476 19,207
53,475 170,871

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans - 1-2 years 17,359 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
1,000 Ordinary £1 1,000 1,000

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S C Lee.