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Company Registration No. 08821409 (England and Wales)
YESCHEF SUPPLIES LIMITED Unaudited accounts for the year ended 31 December 2023
YESCHEF SUPPLIES LIMITED Unaudited accounts Contents
Page
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YESCHEF SUPPLIES LIMITED Company Information for the year ended 31 December 2023
Directors
Paul B Murphy Danny Murphy
Company Number
08821409 (England and Wales)
Registered Office
Unit B334 New Covent Garden Market London SW8 5NQ
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YESCHEF SUPPLIES LIMITED Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
327,896 
226,453 
Current assets
Inventories
51,396 
31,443 
Debtors
1,056,249 
1,301,033 
Cash at bank and in hand
171,165 
109,043 
1,278,810 
1,441,519 
Creditors: amounts falling due within one year
(1,154,244)
(1,354,513)
Net current assets
124,566 
87,006 
Total assets less current liabilities
452,462 
313,459 
Creditors: amounts falling due after more than one year
(222,444)
(134,557)
Net assets
230,018 
178,902 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
230,015 
178,899 
Shareholders' funds
230,018 
178,902 
For the year ending 31 December 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 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 of Directors and authorised for issue on 2 September 2024 and were signed on its behalf by
Paul B Murphy Director Company Registration No. 08821409
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YESCHEF SUPPLIES LIMITED Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
YESCHEF SUPPLIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08821409. The registered office is Unit B334, New Covent Garden Market, London, SW8 5NQ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
10%
Motor vehicles
25%
Fixtures & fittings
25%
Computer equipment
25%
Fresh Produce
Stock have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Turnover
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.
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YESCHEF SUPPLIES LIMITED Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2023
232,919 
51,500 
30,553 
1,534 
316,506 
Additions
3,327 
180,000 
- 
- 
183,327 
At 31 December 2023
236,246 
231,500 
30,553 
1,534 
499,833 
Depreciation
At 1 January 2023
52,108 
6,625 
30,552 
768 
90,053 
Charge for the year
23,625 
57,875 
- 
384 
81,884 
At 31 December 2023
75,733 
64,500 
30,552 
1,152 
171,937 
Net book value
At 31 December 2023
160,513 
167,000 
1 
382 
327,896 
At 31 December 2022
180,811 
44,875 
1 
766 
226,453 
5
Inventories
2023 
2022 
£ 
£ 
Finished goods
51,396 
31,443 
51,396 
31,443 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
22,630 
23,981 
Trade debtors
1,007,195 
1,249,359 
Accrued income and prepayments
10,136 
11,405 
Other debtors
16,288 
16,288 
1,056,249 
1,301,033 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
75,522 
157,089 
Obligations under finance leases and hire purchase contracts
31,769 
5,623 
Trade creditors
975,535 
1,028,710 
Taxes and social security
42,084 
136,138 
Loans from directors
13,340 
18,840 
Accruals
15,994 
8,113 
1,154,244 
1,354,513 
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YESCHEF SUPPLIES LIMITED Notes to the Accounts for the year ended 31 December 2023
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
88,604 
118,649 
Obligations under finance leases and hire purchase contracts
133,840 
15,908 
222,444 
134,557 
9
Average number of employees
During the year the average number of employees was 32 (2022: 32).
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