Company Registration No. 11742721 (England and Wales)
YES EDU UK LTD
Unaudited accounts
for the year ended 31 December 2023
YES EDU UK LTD
Unaudited accounts
Contents
YES EDU UK LTD
Company Information
for the year ended 31 December 2023
Company Number
11742721 (England and Wales)
Registered Office
4 Charles Graven Court
Ely
Cambridgeshire
CB7 4FN
England
Accountants
FURUICHOI & CO
Chartered Accountants
69 Station Road
Hampton
Greater London
TW12 2BT
YES EDU UK LTD
Statement of financial position
as at 31 December 2023
Tangible assets
2,225
2,519
Cash at bank and in hand
24,171
20,142
Creditors: amounts falling due within one year
(723)
-
Net current assets
24,588
21,282
Total assets less current liabilities
26,813
23,801
Creditors: amounts falling due after more than one year
(31,400)
(31,400)
Net liabilities
(4,587)
(7,599)
Called up share capital
100
100
Profit and loss account
(4,687)
(7,699)
Shareholders' funds
(4,587)
(7,599)
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 director acknowledges her 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 and authorised for issue on 20 September 2024 and were signed on its behalf by
Mrs JIEUN KWON
Director
Company Registration No. 11742721
YES EDU UK LTD
Notes to the Accounts
for the year ended 31 December 2023
YES EDU UK LTD is a private company, limited by shares, registered in England and Wales, registration number 11742721. The registered office is 4 Charles Graven Court, Ely, Cambridgeshire, CB7 4FN, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction.
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:
Fixtures & fittings
10% reducing balance
Computer equipment
15% reducing balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2023
1,625
2,130
3,755
At 31 December 2023
1,625
2,130
3,755
At 1 January 2023
219
1,017
1,236
Charge for the year
141
153
294
At 31 December 2023
360
1,170
1,530
At 31 December 2023
1,265
960
2,225
At 31 December 2022
1,406
1,113
2,519
YES EDU UK LTD
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
723
-
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
31,400
31,400
The parent entity in South Korea has funded GBP 31,400 for the year ended 31 December 2023.
By virtue of its relevant legal entity's 100% shareholding the immediate parent undertaking is Yes Edu International Co. Ltd in South Korea.
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).