Company Registration No. 13982237 (England and Wales)
Yang Technology Ltd
Management accounts
for the year ended 31 March 2024
Yang Technology Ltd
Management accounts
Contents
Yang Technology Ltd
Company Information
for the year ended 31 March 2024
Company Number
13982237 (England and Wales)
Registered Office
124 City Road
London
EC1V 2NX
England
Yang Technology Ltd
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
47,933
30,705
Creditors: amounts falling due within one year
(1,641)
(1,645)
Net current assets
81,292
29,060
Total assets less current liabilities
81,292
29,060
Creditors: amounts falling due after more than one year
(100,000)
(50,000)
Net liabilities
(18,708)
(20,940)
Called up share capital
100
100
Profit and loss account
(18,808)
(21,040)
Shareholders' funds
(18,708)
(20,940)
For the year ending 31 March 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 22 October 2024 and were signed on its behalf by
YANG, Xingyao
Director
Company Registration No. 13982237
Yang Technology Ltd
Notes to the Accounts
for the year ended 31 March 2024
Yang Technology Ltd is a private company, limited by shares, registered in England and Wales, registration number 13982237. The registered office is 124 City Road, London, EC1V 2NX, 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.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,972
1,645
6
Creditors: amounts falling due after more than one year
2024
2023
Amounts owed to group undertakings and other participating interests
100,000
50,000
Aggregate of amounts that fall due for payment after five years
100,000
50,000
This is an unsecured long term Loan from shareholder, which is subordinated in favour of third party creditors.
7
Average number of employees
During the year the average number of employees was 4 (2023: 1).