Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31false2023-01-01No description of principal activity44truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07693225 2023-01-01 2023-12-31 07693225 2022-01-01 2022-12-31 07693225 2023-12-31 07693225 2022-12-31 07693225 2022-01-01 07693225 c:Director1 2023-01-01 2023-12-31 07693225 c:Director2 2023-01-01 2023-12-31 07693225 d:ShareCapital 2023-01-01 2023-12-31 07693225 d:ShareCapital 2023-12-31 07693225 d:ShareCapital 2022-01-01 2022-12-31 07693225 d:ShareCapital 2022-12-31 07693225 d:ShareCapital 2022-01-01 07693225 d:SharePremium 2023-01-01 2023-12-31 07693225 d:SharePremium 2023-12-31 07693225 d:SharePremium 2022-01-01 2022-12-31 07693225 d:SharePremium 2022-12-31 07693225 d:SharePremium 2022-01-01 07693225 d:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 07693225 d:RetainedEarningsAccumulatedLosses 2023-12-31 07693225 d:RetainedEarningsAccumulatedLosses 2022-01-01 2022-12-31 07693225 d:RetainedEarningsAccumulatedLosses 2022-12-31 07693225 d:RetainedEarningsAccumulatedLosses 2022-01-01 07693225 c:FRS102 2023-01-01 2023-12-31 07693225 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07693225 c:FullAccounts 2023-01-01 2023-12-31 07693225 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07693225 d:Subsidiary1 2023-01-01 2023-12-31 07693225 d:Subsidiary1 1 2023-01-01 2023-12-31 07693225 d:Subsidiary2 2023-01-01 2023-12-31 07693225 d:Subsidiary2 1 2023-01-01 2023-12-31 07693225 6 2023-01-01 2023-12-31 07693225 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Registered number: 07693225









YUTREE GROUP LTD

UNAUDITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
YUTREE GROUP LTD
REGISTERED NUMBER: 07693225

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
15,000
15,000

  

  

Net assets
  
15,000
15,000


Capital and reserves
  

Called up share capital 
  
14,302
14,302

Share premium account
  
128
128

Profit and loss account
  
570
570

  
15,000
15,000


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 






L G D Smart
K J Hancock
Director
Director
Date: 25 September 2024
Date:25 September 2024

The notes on pages 3 to 4 form part of these financial statements.

Page 1

 
YUTREE GROUP LTD
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2023


Called up share capital
Share premium account
Profit and loss account
Total equity

£
£
£
£


At 1 January 2022
14,302
128
-
14,430



Profit for the year
-
-
250,570
250,570


Contributions by and distributions to owners

Dividends: Equity capital
-
-
(250,000)
(250,000)


Total transactions with owners
-
-
(250,000)
(250,000)



At 1 January 2023
14,302
128
570
15,000


Comprehensive income for the year

Profit for the year
-
-
300,000
300,000
Total comprehensive income for the year
-
-
300,000
300,000


Contributions by and distributions to owners

Dividends: Equity capital
-
-
(300,000)
(300,000)


Total transactions with owners
-
-
(300,000)
(300,000)


At 31 December 2023
14,302
128
570
15,000


The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
YUTREE GROUP LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Yutree Group Ltd is a private company limited by shares incorporated in England and Wales, United Kingdom. The address of the registered office is 15 Kings Court, Willie Snaith Road, Newmarket, Suffolk CB8 7SG. 
The principal activity of the company continued to be that of a dormant holding company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The company is the parent undertaking of a small group and as such is not required by the Companies Act 2006 to prepare group accounts These financial statements therefore present information about the company as an individual undertaking and not about its group.
The Company's functional and presentational currency is GBP and the financial statements have been rounded to the nearest Pound.
The following principal accounting policies have been applied:

The following principal accounting policies have been applied:

 
2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.3

Debtors

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.

 
2.4

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees




The company had no employees other than the directors.

Page 3

 
YUTREE GROUP LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2023
15,000



At 31 December 2023
15,000





Subsidiary undertakings


The following were subsidiary undertakings of the Company:

Name

Registered office

Class of shares

Holding

Yutree Insurance Ltd
15 Kings Court, Newmarket
Ordinary
100%
Yutree Ltd
15 Kings Court, Newmarket
Ordinary
100%

The aggregate of the share capital and reserves as at 31 December 2023 and the profit or loss for the year ended on that date for the subsidiary undertakings were as follows:

Name
Aggregate of share capital and reserves
Profit for the year
£
£

Yutree Insurance Ltd
225,696
248,477

Yutree Ltd
-
-


5.


Related party transactions

During the year the Company paid dividends totalling £300,000 (2022 - £250,000) to directors of the company.

Page 4