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Company Registration No. 06995812 (England and Wales)
Yarab Limited Unaudited accounts for the year ended 31 August 2023
Yarab Limited Unaudited accounts Contents
Page
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Yarab Limited Company Information for the year ended 31 August 2023
Director
Mohammed Niraz Buhari
Company Number
06995812 (England and Wales)
Registered Office
ASHLEY COURT 32 MAIN STREET ASHLEY MARKET HARBOROUGH LEICESTERSHIRE LE16 8HF UNITED KINGDOM
Accountants
Master Accounting Limited The Stables, Ashley Court 32 Main Street, Ashley Market Harborough Leicestershire LE16 8HF
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Yarab Limited Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,469 
10,188 
Investments
11,999 
11,999 
19,468 
22,187 
Current assets
Debtors
699,070 
481,469 
Cash at bank and in hand
37,654 
71,266 
736,724 
552,735 
Creditors: amounts falling due within one year
(665,085)
(489,511)
Net current assets
71,639 
63,224 
Total assets less current liabilities
91,107 
85,411 
Creditors: amounts falling due after more than one year
(33,333)
(38,889)
Net assets
57,774 
46,522 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
57,773 
46,521 
Shareholders' funds
57,774 
46,522 
For the year ending 31 August 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 30 July 2024 and were signed on its behalf by
Mohammed Niraz Buhari Director Company Registration No. 06995812
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Yarab Limited Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
Yarab Limited is a private company, limited by shares, registered in England and Wales, registration number 06995812. The registered office is ASHLEY COURT 32 MAIN STREET, ASHLEY, MARKET HARBOROUGH, LEICESTERSHIRE, LE16 8HF, 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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
15% - reducling balance
Computer equipment
10% - reducing balance
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2022
15,406 
10,476 
25,882 
At 31 August 2023
15,406 
10,476 
25,882 
Depreciation
At 1 September 2022
7,374 
8,320 
15,694 
Charge for the year
2,008 
711 
2,719 
At 31 August 2023
9,382 
9,031 
18,413 
Net book value
At 31 August 2023
6,024 
1,445 
7,469 
At 31 August 2022
8,032 
2,156 
10,188 
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Yarab Limited Notes to the Accounts for the year ended 31 August 2023
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 September 2022
11,999 
Valuation at 31 August 2023
11,999 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
699,070 
481,469 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
5,556 
5,556 
Trade creditors
107,500 
107,500 
Taxes and social security
26,346 
25,377 
Other creditors
503,707 
321,078 
Loans from directors
21,376 
30,000 
Accruals
600 
- 
665,085 
489,511 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
33,333 
38,889 
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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