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REGISTERED NUMBER: 11702901 (England and Wales)















YARDLEY FIVES LIMITED

Unaudited Financial Statements for the Year Ended 31 January 2024






YARDLEY FIVES LIMITED (REGISTERED NUMBER: 11702901)






Contents of the Financial Statements
for the year ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


YARDLEY FIVES LIMITED

Company Information
for the year ended 31 January 2024







Directors: S J Adler
A J Adler





Registered office: 41 Hampton Lane
Solihull
West Midlands
B91 2QD





Registered number: 11702901 (England and Wales)





Accountants: Cooper Parry Advisory Limited
CUBO Birmingham
3rd Floor
Two Chamberlain Square
Birmingham
West Midlands
B3 3AX

YARDLEY FIVES LIMITED (REGISTERED NUMBER: 11702901)

Balance Sheet
31 January 2024

2024 2023
Notes £ £ £ £
Fixed assets
Tangible assets 4 64,965 77,853

Current assets
Debtors 5 30,539 11,714
Cash at bank 54,507 210,452
85,046 222,166
Creditors
Amounts falling due within one year 6 27,198 217,935
Net current assets 57,848 4,231
Total assets less current liabilities 122,813 82,084

Capital and reserves
Called up share capital 7 100 100
Retained earnings 122,713 81,984
Shareholders' funds 122,813 82,084

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

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

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 15 October 2024 and were signed on its behalf by:





A J Adler - Director


YARDLEY FIVES LIMITED (REGISTERED NUMBER: 11702901)

Notes to the Financial Statements
for the year ended 31 January 2024

1. Statutory information

Yardley Fives 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.

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.

Tangible fixed assets
Tangible fixed assets are initially recorded at cost. Depreciation is calculated as to write off the cost of the asset, less its estimated residual value, over the useful economic life of that asset as follows;


Fixture and fittings- 10% straight line
Equipment- 25% straight line

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Debtors and creditors receivable/ payable within one year
Debtors and creditors with no stated interest and receivable or payable within one year are recorded ar transaction price. Any losses arising from impairment are recognised in the profit and loss account in the other administrative expenses.

3. Employees and directors

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

YARDLEY FIVES LIMITED (REGISTERED NUMBER: 11702901)

Notes to the Financial Statements - continued
for the year ended 31 January 2024

4. Tangible fixed assets
Fixtures
and Computer
fittings equipment Totals
£ £ £
Cost
At 1 February 2023
and 31 January 2024 128,880 3,262 132,142
Depreciation
At 1 February 2023 51,027 3,262 54,289
Charge for year 12,888 - 12,888
At 31 January 2024 63,915 3,262 67,177
Net book value
At 31 January 2024 64,965 - 64,965
At 31 January 2023 77,853 - 77,853

5. Debtors: amounts falling due within one year
2024 2023
£ £
Trade debtors 23,832 -
Other debtors 6,707 11,714
30,539 11,714

6. Creditors: amounts falling due within one year
2024 2023
£ £
Trade creditors 2,264 1,211
Corporation tax 14,484 2,028
VAT 5,417 4,283
Directors' loan accounts 1,025 203,938
Accruals and deferred income 4,008 6,475
27,198 217,935

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
100 Ordinary A £1 100 100

8. Related party disclosures

The directors operate a loan account with the company. At the period end, £1,025 (2023: £203,938) was due to the directors from the company.