IAIN YOUNG LIMITED

Company Registration Number:
SC135468 (Scotland)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

IAIN YOUNG LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

IAIN YOUNG LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 301 189
Total fixed assets: 301 189
Current assets
Debtors:   511 511
Cash at bank and in hand: 37,900 68,983
Total current assets: 38,411 69,494
Creditors: amounts falling due within one year: 4 (1,577) (1,030)
Net current assets (liabilities): 36,834 68,464
Total assets less current liabilities: 37,135 68,653
Total net assets (liabilities): 37,135 68,653
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 37,133 68,651
Shareholders funds: 37,135 68,653

The notes form part of these financial statements

IAIN YOUNG LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 September 2024
and signed on behalf of the board by:

Name: Iain S A Young
Status: Director

The notes form part of these financial statements

IAIN YOUNG LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

IAIN YOUNG LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

IAIN YOUNG LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 11,350
Additions 207
At 31 December 2023 11,557
Depreciation
At 01 January 2023 11,161
Charge for year 95
At 31 December 2023 11,256
Net book value
At 31 December 2023 301
At 31 December 2022 189

IAIN YOUNG LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Creditors: amounts falling due within one year note

Director's Loan £1,577