YOH RETAIL 1 LTD

Company Registration Number:
11699383 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

YOH RETAIL 1 LTD

Contents of the Financial Statements

for the Period Ended 30 November 2023

Balance sheet
Notes

YOH RETAIL 1 LTD

Balance sheet

As at 30 November 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 111,362 89,378
Total fixed assets: 111,362 89,378
Current assets
Stocks: 30,500 24,350
Debtors:   477,807 477,707
Cash at bank and in hand: 40,997 49,494
Total current assets: 549,304 551,551
Creditors: amounts falling due within one year:   (428,703) (438,664)
Net current assets (liabilities): 120,601 112,887
Total assets less current liabilities: 231,963 202,265
Total net assets (liabilities): 231,963 202,265
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 231,863 202,165
Shareholders funds: 231,963 202,265

The notes form part of these financial statements

YOH RETAIL 1 LTD

Balance sheet statements

For the year ending 30 November 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 August 2024
and signed on behalf of the board by:

Name: Fuzail Patel
Status: Director

The notes form part of these financial statements

YOH RETAIL 1 LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 policy

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: Plant & machinery 20% reducing balance Motor vehicles 20% reducing balance Fixtures & fittings 20% reducing balance

Valuation and information policy

Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.

YOH RETAIL 1 LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

2. Employees

2023 2022
Average number of employees during the period 8 10

YOH RETAIL 1 LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Tangible Assets

Total
Cost £
At 01 December 2022 133,779
Additions 49,824
At 30 November 2023 183,603
Depreciation
At 01 December 2022 44,401
Charge for year 27,840
At 30 November 2023 72,241
Net book value
At 30 November 2023 111,362
At 30 November 2022 89,378