Company Registration No. 07351649 (England and Wales)
YM Coach Ltd
Unaudited accounts
for the year ended 31 August 2023
YM Coach Ltd
Unaudited accounts
Contents
YM Coach Ltd
Company Information
for the year ended 31 August 2023
Company Number
07351649 (England and Wales)
Registered Office
18 Whurley Way
Maidenhead
SL6 7SS
United Kingdom
YM Coach Ltd
Statement of financial position
as at 31 August 2023
Tangible assets
101,212
971,449
Cash at bank and in hand
21,781
474,713
Creditors: amounts falling due within one year
(41,895)
(1,242,550)
Net current assets/(liabilities)
132,732
(712,619)
Total assets less current liabilities
233,944
258,830
Creditors: amounts falling due after more than one year
(20,000)
(30,000)
Net assets
213,944
228,830
Called up share capital
100
100
Profit and loss account
213,844
228,730
Shareholders' funds
213,944
228,830
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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 26 August 2024 and were signed on its behalf by
Mohan Yogarajah
Director
Company Registration No. 07351649
YM Coach Ltd
Notes to the Accounts
for the year ended 31 August 2023
YM Coach Ltd is a private company, limited by shares, registered in England and Wales, registration number 07351649. The registered office is 18 Whurley Way, Maidenhead, SL6 7SS, 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.
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
20% on reducing balance
Computer equipment
20% on reducing balance
4
Tangible fixed assets
Total
At 1 September 2022
1,090,833
At 1 September 2022
119,384
Charge for the year
25,302
5
Average number of employees
During the year the average number of employees was 3 (2022: 3).