LYALL YOUNGMAN LIMITED

Company Registration Number:
04287262 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2023

Period of accounts

Start date: 01 October 2022

End date: 30 September 2023

LYALL YOUNGMAN LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2023

Balance sheet
Notes

LYALL YOUNGMAN LIMITED

Balance sheet

As at 30 September 2023


Notes

2023

2022


£

£
Current assets
Stocks: 3,850 5,250
Debtors:   172,499 202,337
Cash at bank and in hand: 3,428 2,871
Total current assets: 179,777 210,458
Creditors: amounts falling due within one year:   (55,217) (64,370)
Net current assets (liabilities): 124,560 146,088
Total assets less current liabilities: 124,560 146,088
Creditors: amounts falling due after more than one year:   (29,876) (36,529)
Total net assets (liabilities): 94,684 109,559
Capital and reserves
Called up share capital: 3,000 3,000
Profit and loss account: 91,684 106,559
Shareholders funds: 94,684 109,559

The notes form part of these financial statements

LYALL YOUNGMAN LIMITED

Balance sheet statements

For the year ending 30 September 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 18 September 2024
and signed on behalf of the board by:

Name: N J Hughesman
Status: Director

The notes form part of these financial statements

LYALL YOUNGMAN LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 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

Turnover policy

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

Other accounting policies

Stocks Work in progress is valued at the lower of cost and net realisable value. Taxation Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

LYALL YOUNGMAN LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

2. Employees

2023 2022
Average number of employees during the period 1 2