IRIS Accounts Production v24.2.0.383 02156169 Board of Directors 1.4.23 31.3.24 31.3.24 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh021561692023-03-31021561692024-03-31021561692023-04-012024-03-31021561692022-03-31021561692022-04-012023-03-31021561692023-03-3102156169ns15:EnglandWales2023-04-012024-03-3102156169ns14:PoundSterling2023-04-012024-03-3102156169ns10:Director12023-04-012024-03-3102156169ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3102156169ns10:SmallEntities2023-04-012024-03-3102156169ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3102156169ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3102156169ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3102156169ns10:FullAccounts2023-04-012024-03-3102156169ns10:Director22023-04-012024-03-3102156169ns10:CompanySecretary12023-04-012024-03-3102156169ns10:RegisteredOffice2023-04-012024-03-3102156169ns5:CurrentFinancialInstruments2024-03-3102156169ns5:CurrentFinancialInstruments2023-03-3102156169ns5:ShareCapital2024-03-3102156169ns5:ShareCapital2023-03-3102156169ns5:RetainedEarningsAccumulatedLosses2024-03-3102156169ns5:RetainedEarningsAccumulatedLosses2023-03-3102156169ns5:PlantMachinery2023-03-3102156169ns5:PlantMachinery2023-04-012024-03-3102156169ns5:PlantMachinery2024-03-3102156169ns5:PlantMachinery2023-03-3102156169ns5:RetainedEarningsAccumulatedLosses2023-03-3102156169ns5:RetainedEarningsAccumulatedLosses2023-04-012024-03-31
REGISTERED NUMBER: 02156169 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

YARDJET STORAGE SOLUTIONS LIMITED

YARDJET STORAGE SOLUTIONS LIMITED (REGISTERED NUMBER: 02156169)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


YARDJET STORAGE SOLUTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: J R Perriss
Mrs E Perriss





SECRETARY: Mrs E Perriss





REGISTERED OFFICE: The Paddocks, High Street
Hook Norton
Oxfordshire
OX15 5NH





REGISTERED NUMBER: 02156169 (England and Wales)





ACCOUNTANTS: William Evans & Partners
20 Harcourt Street
London
W1H 4HG

YARDJET STORAGE SOLUTIONS LIMITED (REGISTERED NUMBER: 02156169)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 256 319
Investment property 5 365,000 365,000
365,256 365,319

CURRENT ASSETS
Stocks 30,000 -
Cash at bank 25,725 32,438
55,725 32,438
CREDITORS
Amounts falling due within one year 6 (41,266 ) (23,034 )
NET CURRENT ASSETS 14,459 9,404
TOTAL ASSETS LESS CURRENT
LIABILITIES

379,715

374,723

PROVISIONS FOR LIABILITIES (45,067 ) (45,067 )
NET ASSETS 334,648 329,656

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 7 334,646 329,654
SHAREHOLDERS' FUNDS 334,648 329,656

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

YARDJET STORAGE SOLUTIONS LIMITED (REGISTERED NUMBER: 02156169)

BALANCE SHEET - continued
31 MARCH 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 May 2024 and were signed on its behalf by:





J R Perriss - Director


YARDJET STORAGE SOLUTIONS LIMITED (REGISTERED NUMBER: 02156169)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Yardjet Storage Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided so as to write off each asset over its estimated useful life.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Depreciation
Depreciation is provided by the company so as to write off the cost of the asset over its useful economic life.
No depreciation is provided on investment properties.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 2 ).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 8,411
DEPRECIATION
At 1 April 2023 8,092
Charge for year 63
At 31 March 2024 8,155
NET BOOK VALUE
At 31 March 2024 256
At 31 March 2023 319

YARDJET STORAGE SOLUTIONS LIMITED (REGISTERED NUMBER: 02156169)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 365,000
NET BOOK VALUE
At 31 March 2024 365,000
At 31 March 2023 365,000

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2022 365,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 4,001 3,305
Other creditors 37,265 19,729
41,266 23,034

7. RESERVES
Retained
earnings
£   

At 1 April 2023 329,654
Profit for the year 16,992
Dividends (12,000 )
At 31 March 2024 334,646

The profit and loss reserves include fair value gains on investment property. These amounts are non distributable and as at 31 March 2023 stood at £180,266 (2022: £180,266).

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year ended 31 March 2023 the director, Mr John Perriss has made and received loans to and from the company. The balance due to the director at 31 March 2023 was £12,456 (2022: £19,015).

9. ULTIMATE CONTROLLING PARTY

During the two years ending 31 March 2023, the Directors, Mr J Perriss and Mrs E Perriss, controlled the company by virtue of their shareholding of 100% of the issued ordinary share capital.