Company Registration No. 08764274 (England and Wales)
Yuri Suzuki Limited
Unaudited accounts
for the period from 1 December 2022 to 31 May 2024
Yuri Suzuki Limited
Unaudited accounts
Contents
Yuri Suzuki Limited
Company Information
for the period from 1 December 2022 to 31 May 2024
Company Number
08764274 (England and Wales)
Registered Office
31 Bath Road
Margate
Kent
CT9 1SJ
England
Accountants
Adams O'Rourke Accountants Ltd
436 Woolton Road
Liverpool
L25 6JQ
Yuri Suzuki Limited
Statement of financial position
as at 31 May 2024
Tangible assets
7,541
4,114
Cash at bank and in hand
273,350
212,331
Creditors: amounts falling due within one year
5,906
(900)
Net current assets
302,573
223,130
Total assets less current liabilities
310,114
227,244
Provisions for liabilities
Net assets
308,681
227,244
Called up share capital
500
500
Profit and loss account
308,181
226,744
Shareholders' funds
308,681
227,244
For the period ending 31 May 2024 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 29 August 2024 and were signed on its behalf by
Yuri Suzuki
Director
Company Registration No. 08764274
Yuri Suzuki Limited
Notes to the Accounts
for the period from 1 December 2022 to 31 May 2024
Yuri Suzuki Limited is a private company, limited by shares, registered in England and Wales, registration number 08764274. The registered office is 31 Bath Road, Margate, Kent, CT9 1SJ, England.
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 period, 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 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
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
25% straight line
Computer equipment
25% straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Yuri Suzuki Limited
Notes to the Accounts
for the period from 1 December 2022 to 31 May 2024
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2022
7,378
5,403
12,781
Disposals
-
(1,288)
(1,288)
At 31 May 2024
16,695
4,115
20,810
At 1 December 2022
4,569
4,098
8,667
Charge for the period
4,585
17
4,602
At 31 May 2024
9,154
4,115
13,269
At 31 May 2024
7,541
-
7,541
At 30 November 2022
2,809
1,305
4,114
Amounts falling due within one year
Accrued income and prepayments
140
-
6
Creditors: amounts falling due within one year
2024
2022
Taxes and social security
39
-
Loans from directors
(19,264)
-
7
Deferred taxation
2024
2022
Accelerated capital allowances
1,433
-
Charged to the profit and loss account
1,433
-
Provision at end of period
1,433
-
Yuri Suzuki Limited
Notes to the Accounts
for the period from 1 December 2022 to 31 May 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Interest free and repayable on demand
-
19,264
-
19,264
9
Transactions with related parties
Loan funds amounting to £19,264 are owed by the director as at the year end. This amount is provided interest free, repayable on demand.
10
Average number of employees
During the period the average number of employees was 0 (2022: 0).