Registered number
07434843
YDA YORKSHIRE LTD
Filleted Accounts
30 November 2023
YDA YORKSHIRE LTD
Registered number: 07434843
Balance Sheet
as at 30 November 2023
Notes 2023 2022
£ £
Current assets
Debtors 4 374,436 493,988
Cash at bank and in hand 466,891 204,747
841,327 698,735
Creditors: amounts falling due within one year 5 (53,199) (41,206)
Net current assets 788,128 657,529
Total assets less current liabilities 788,128 657,529
Creditors: amounts falling due after more than one year 6 (17,152) -
Net assets 770,976 657,529
Capital and reserves
Called up share capital 2 2
Profit and loss account 770,974 657,527
Shareholder's funds 770,976 657,529
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
YUSUF DAAWIE
Director
Approved by the board on 20 August 2024
YDA YORKSHIRE LTD
Notes to the Accounts
for the year ended 30 November 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 10 years
Fixtures, fittings, tools and equipment over 10 years
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 4 3
3 Intangible fixed assets £
Goodwill:
Cost
At 1 December 2022 75,000
At 30 November 2023 75,000
Amortisation
At 1 December 2022 75,000
At 30 November 2023 75,000
Net book value
At 30 November 2023 -
Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.
4 Debtors 2023 2022
£ £
Trade debtors 187,936 372,710
Other debtors 186,500 121,278
374,436 493,988
5 Creditors: amounts falling due within one year 2023 2022
£ £
Taxation and social security costs 49,628 39,906
Other creditors 3,571 1,300
53,199 41,206
6 Creditors: amounts falling due after one year 2023 2022
£ £
Directors Loan 17,152 -
7 Controlling party
The company is under the control of the Yusuf and Shehnaz Daawie by virtue of them holding the fully issued share capital.
8 Other information
YDA YORKSHIRE LTD is a private company limited by shares and incorporated in England. Its registered office is:
31 CARLTON ROAD
DEWSBURY
WF13 2AT
YDA YORKSHIRE LTD 07434843 false 2022-12-01 2023-11-30 2023-11-30 VT Final Accounts April 2024 YUSUF DAAWIE No description of principal activity 07434843 2021-12-01 2022-11-30 07434843 core:WithinOneYear 2022-11-30 07434843 core:AfterOneYear 2022-11-30 07434843 core:ShareCapital 2022-11-30 07434843 core:RetainedEarningsAccumulatedLosses 2022-11-30 07434843 2022-12-01 2023-11-30 07434843 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 07434843 bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 07434843 bus:Director40 2022-12-01 2023-11-30 07434843 1 2022-12-01 2023-11-30 07434843 2 2022-12-01 2023-11-30 07434843 countries:England 2022-12-01 2023-11-30 07434843 bus:FRS102 2022-12-01 2023-11-30 07434843 bus:FilletedAccounts 2022-12-01 2023-11-30 07434843 2023-11-30 07434843 core:WithinOneYear 2023-11-30 07434843 core:AfterOneYear 2023-11-30 07434843 core:ShareCapital 2023-11-30 07434843 core:RetainedEarningsAccumulatedLosses 2023-11-30 07434843 core:Goodwill 2023-11-30 07434843 2022-11-30 07434843 core:Goodwill 2022-11-30 iso4217:GBP xbrli:pure