Company Registration No. 10729844 (England and Wales)
YOGA WITH JAIME LTD
Unaudited accounts
for the year ended 30 April 2024
YOGA WITH JAIME LTD
Unaudited accounts
Contents
YOGA WITH JAIME LTD
Company Information
for the year ended 30 April 2024
Company Number
10729844 (England and Wales)
Registered Office
Studio 3 5a Priory Grove
London
England
SW8 2PD
Accountants
Cone Accounting Limited
124 City Road
London
EC1V 2NX
YOGA WITH JAIME LTD
Statement of financial position
as at 30 April 2024
Tangible assets
8,222
9,080
Cash at bank and in hand
86,698
31,141
Creditors: amounts falling due within one year
(103,240)
(47,352)
Net current assets
41,720
5,433
Called up share capital
1
1
Profit and loss account
49,941
14,512
Shareholders' funds
49,942
14,513
For the year ending 30 April 2024 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 2 September 2024 and were signed on its behalf by
Miss Jaime Tully
Director
Company Registration No. 10729844
YOGA WITH JAIME LTD
Notes to the Accounts
for the year ended 30 April 2024
YOGA WITH JAIME LTD is a private company, limited by shares, registered in England and Wales, registration number 10729844. The registered office is Studio 3 5a Priory Grove, London, England, SW8 2PD.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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
20.00% Straight line method
Computer equipment
33.33% Straight line method
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
YOGA WITH JAIME LTD
Notes to the Accounts
for the year ended 30 April 2024
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2023
5,570
9,440
15,010
Disposals
(835)
(2,103)
(2,938)
At 30 April 2024
5,135
10,627
15,762
At 1 May 2023
1,741
4,189
5,930
Charge for the year
974
2,294
3,268
On disposals
(264)
(1,394)
(1,658)
At 30 April 2024
2,451
5,089
7,540
At 30 April 2024
2,684
5,538
8,222
At 30 April 2023
3,829
5,251
9,080
Amounts falling due within one year
Trade debtors
24,808
19,110
Accrued income and prepayments
27,122
534
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
4,585
2,628
Taxes and social security
10,378
1,503
Loans from directors
53,779
25,661
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 2 (2023: 1).