Company Registration No. 06995812 (England and Wales)
Yarab Limited
Unaudited accounts
for the year ended 31 August 2023
Yarab Limited
Unaudited accounts
Contents
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
Yarab Limited
Statement of financial position
as at 31 August 2023
Tangible assets
7,469
10,188
Cash at bank and in hand
37,654
71,266
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)
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
Yarab Limited
Notes to the Accounts
for the year ended 31 August 2023
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.
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.
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
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
At 31 August 2023
6,024
1,445
7,469
At 31 August 2022
8,032
2,156
10,188
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
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
8
Creditors: amounts falling due after more than one year
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).