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REGISTERED NUMBER: 08936262 (England and Wales)















YIANGOU ARCHITECTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30TH APRIL 2024






YIANGOU ARCHITECTS LIMITED (REGISTERED NUMBER: 08936262)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024










Page

Company Information 1

Statement of Financial Position 2 to 3

Notes to the Financial Statements 4 to 7


YIANGOU ARCHITECTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2024







DIRECTORS: Mr A A Inchley
Mr N D Quinn
Mr A D L Lewis
Mr R W F Sharpe
Mr A J Salmon





REGISTERED OFFICE: Dyer House
3 Dyer Street
CIRENCESTER
Gloucestershire
GL7 2PP





REGISTERED NUMBER: 08936262 (England and Wales)





ACCOUNTANTS: Morris Owen
Chartered Accountants
43-45 Devizes Road
SWINDON
Wiltshire
SN1 4BG

YIANGOU ARCHITECTS LIMITED (REGISTERED NUMBER: 08936262)

STATEMENT OF FINANCIAL POSITION
30TH APRIL 2024

2024 2023
as restated
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 60,187 66,138
60,187 66,138

CURRENT ASSETS
Debtors 6 935,488 855,631
Cash at bank 349,355 461,870
1,284,843 1,317,501
CREDITORS
Amounts falling due within one year 7 673,356 814,958
NET CURRENT ASSETS 611,487 502,543
TOTAL ASSETS LESS CURRENT
LIABILITIES

671,674

568,681

PROVISIONS FOR LIABILITIES 30,993 11,842
NET ASSETS 640,681 556,839

CAPITAL AND RESERVES
Called up share capital 588 588
Share premium 91,594 91,594
Retained earnings 548,499 464,657
640,681 556,839

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

YIANGOU ARCHITECTS LIMITED (REGISTERED NUMBER: 08936262)

STATEMENT OF FINANCIAL POSITION - continued
30TH APRIL 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19th August 2024 and were signed on its behalf by:




Mr N D Quinn - Director Mr A J Salmon - Director




Mr A A Inchley - Director Mr A D L Lewis - Director




Mr R W F Sharpe - Director


YIANGOU ARCHITECTS LIMITED (REGISTERED NUMBER: 08936262)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024


1. STATUTORY INFORMATION

Yiangou Architects Limited is a private company limited by share, registered in England and Wales.

The company's registered number is 08936262.

The company's registered office address is Dyer House, 3 Dyer Street, Cirencester, GL7 2PP.

The presentation currency of the financial statements is the £ pound sterling.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
In preparing these financial statements, the directors have made the following judgements:

- Determine whether leases entered into by the company as a lessee are operating leases or finance leases. These decisions depend on an assessment of whether the risks and rewards of ownership have been transferred from the lessor to the lessee on a lease by lease basis.

- Determine the period of useful economic life and any residual value of all tangible fixed assets order to write off the value of each asset over that period.

- Determine an appropriate provision for bad and doubtful debts by assessing the recoverability of all balances on a balance by balance basis.

- Determine an appropriate provision for dilapidations by assessing the probable future obligations expected to exist at the end of the property lease.

Turnover
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts and after eliminating sales within the company.

The company recognises revenue when:
- The amount of revenue can be reliabily measured
- It is is probable that future economic benefits will flow to the entity
- Specific criteria have been met for each of the company's activities.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

YIANGOU ARCHITECTS LIMITED (REGISTERED NUMBER: 08936262)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024


2. ACCOUNTING POLICIES - continued

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - Over the term of the lease
Fixtures and fittings - 25% on reducing balance
Computer equipment - Straight line over 2 years

Financial instruments
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Short term trade creditors are measured at the transaction price. Other financial liabilities, including loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2023 - 33 ) .

YIANGOU ARCHITECTS LIMITED (REGISTERED NUMBER: 08936262)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st May 2023
and 30th April 2024 2,350,000
AMORTISATION
At 1st May 2023
and 30th April 2024 2,350,000
NET BOOK VALUE
At 30th April 2024 -
At 30th April 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Long and Computer
leasehold fittings equipment Totals
£    £    £    £   
COST
At 1st May 2023 38,350 49,492 250,872 338,714
Additions - 1,343 43,328 44,671
Disposals - - (33,106 ) (33,106 )
At 30th April 2024 38,350 50,835 261,094 350,279
DEPRECIATION
At 1st May 2023 38,237 30,752 203,587 272,576
Charge for year 113 4,924 44,638 49,675
Eliminated on disposal - - (32,159 ) (32,159 )
At 30th April 2024 38,350 35,676 216,066 290,092
NET BOOK VALUE
At 30th April 2024 - 15,159 45,028 60,187
At 30th April 2023 113 18,740 47,285 66,138

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Trade debtors 514,887 588,235
Amounts owed by group undertakings 71,848 -
Amounts recoverable on contract 136,740 109,841
Other debtors 212,013 157,555
935,488 855,631

YIANGOU ARCHITECTS LIMITED (REGISTERED NUMBER: 08936262)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Trade creditors 77,015 59,914
Amounts owed to group undertakings - 163,029
Taxation and social security 496,124 433,429
Other creditors 100,217 158,586
673,356 814,958

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
as restated
£    £   
Within one year 52,815 50,300