Acorah Software Products - Accounts Production 15.0.600 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 06439985 Ms Wai Yoon Mr Anthony Ryb Ms Wai Yoon iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06439985 2022-11-30 06439985 2023-11-30 06439985 2022-12-01 2023-11-30 06439985 frs-core:CurrentFinancialInstruments 2023-11-30 06439985 frs-core:ComputerEquipment 2023-11-30 06439985 frs-core:ComputerEquipment 2022-12-01 2023-11-30 06439985 frs-core:ComputerEquipment 2022-11-30 06439985 frs-core:ShareCapital 2023-11-30 06439985 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 06439985 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 06439985 frs-bus:AbridgedAccounts 2022-12-01 2023-11-30 06439985 frs-bus:SmallEntities 2022-12-01 2023-11-30 06439985 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 06439985 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 06439985 frs-bus:Director1 2022-12-01 2023-11-30 06439985 frs-bus:Director2 2022-12-01 2023-11-30 06439985 frs-bus:CompanySecretary1 2022-12-01 2023-11-30 06439985 frs-countries:EnglandWales 2022-12-01 2023-11-30 06439985 2021-11-30 06439985 2022-11-30 06439985 2021-12-01 2022-11-30 06439985 frs-core:CurrentFinancialInstruments 2022-11-30 06439985 frs-core:ShareCapital 2022-11-30 06439985 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 06439985
YAR YAR LIMITED
Unaudited ABRIDGED Financial Statements
For The Year Ended 30 November 2023
Jacob Charles & Co.
Contents
Page
Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 06439985
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1 1
1 1
CURRENT ASSETS
Cash at bank and in hand 91,738 73,305
91,738 73,305
Creditors: Amounts Falling Due Within One Year 6 (17,665 ) (15,905 )
NET CURRENT ASSETS (LIABILITIES) 74,073 57,400
TOTAL ASSETS LESS CURRENT LIABILITIES 74,074 57,401
NET ASSETS 74,074 57,401
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 74,072 57,399
SHAREHOLDERS' FUNDS 74,074 57,401
Page 1
Page 2
For the year ending 30 November 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account for the year end 30 November 2023 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Ms Wai Yoon
Director
Mr Anthony Ryb
Director
30/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
YAR YAR LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 06439985 . The registered office is First Floor, Sentinel House, Sentinel Square, Brent Street, London, NW4 2EP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the followiing basis:
Computer Equipment 50% per annum
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 December 2022 600
As at 30 November 2023 600
Depreciation
As at 1 December 2022 599
As at 30 November 2023 599
Net Book Value
As at 30 November 2023 1
As at 1 December 2022 1
5. Debtors
2023 2022
£ £
Due within one year
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors (1 ) 518
Corporation tax 12,511 10,225
Other creditors 2,957 2,899
Accruals and deferred income 1,500 1,400
Directors' loan accounts 698 863
17,665 15,905
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
8. Directors Advances, Credits and Guarantees
Dividends paid to directors
2023 2022
£ £
Mr Anthony Ryb - 18,000
Ms Wai Yoon - 18,000
9. Dividends
2023 2022
£ £
On equity shares:
Final dividend paid 33,000 36,000
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