1 February 2023 v2024.53.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP083515632023-02-012024-01-31083515632024-01-31083515632023-01-3108351563core:WithinOneYear2024-01-3108351563core:WithinOneYear2023-01-3108351563core:AfterOneYear2024-01-3108351563core:AfterOneYear2023-01-3108351563core:ShareCapital2024-01-3108351563core:ShareCapital2023-01-3108351563core:RetainedEarningsAccumulatedLosses2024-01-3108351563core:RetainedEarningsAccumulatedLosses2023-01-3108351563bus:Director12023-02-012024-01-3108351563bus:RegisteredOffice2023-02-012024-01-3108351563core:OfficeEquipment2023-02-012024-01-3108351563core:FurnitureFittings2023-02-012024-01-3108351563core:MotorVehicles2023-02-012024-01-31083515632022-02-012023-01-3108351563core:PlantMachinery2024-01-3108351563core:PlantMachinery2023-02-0108351563core:PlantMachinery2023-02-012024-01-3108351563core:PlantMachinery2023-01-310835156312023-02-012024-01-3108351563countries:EnglandWales2023-02-012024-01-3108351563bus:AuditExemptWithAccountantsReport2023-02-012024-01-3108351563bus:PrivateLimitedCompanyLtd2023-02-012024-01-3108351563bus:SmallEntities2023-02-012024-01-3108351563bus:FullAccounts2023-02-012024-01-31
Company registration number:
08351563
Yesildere Limited
Unaudited Filleted Financial Statements for the year ended
31 January 2024
Athins & Co.
Accountants
171 Ballards Lane, Finchley, LONDON, N3 1LP, United Kingdom
Yesildere Limited
Report to the board of directors on the preparation of the unaudited statutory financial statements of Yesildere Limited
Year ended
31 January 2024
As described on the statement of financial position, the Board of Directors of
Yesildere Limited
are responsible for the preparation of the
financial statements
for the year ended
31 January 2024
, which comprise the income statement, statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
Athins & Co.
Accountants
171 Ballards Lane
Finchley
LONDON
N3 1LP
United Kingdom
Date:
26 September 2024
Yesildere Limited
Statement of Financial Position
31 January 2024
20242023
Note££
Fixed assets    
Tangible assets 5
14,636
 
19,514
 
Current assets    
Stocks
116,793
 
108,600
 
Debtors 6
226,516
 
211,534
 
Cash at bank and in hand
48,486
 
25,362
 
391,795
 
345,496
 
Creditors: amounts falling due within one year 7
(166,250
)
(166,770
)
Net current assets
225,545
 
178,726
 
Total assets less current liabilities 240,181   198,240  
Creditors: amounts falling due after more than one year 8
(20,312
)
(30,195
)
Net assets
219,869
 
168,045
 
Capital and reserves    
Called up share capital
1
 
1
 
Profit and loss account
219,868
 
168,044
 
Shareholders funds
219,869
 
168,045
 
For the year ending
31 January 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
26 September 2024
, and are signed on behalf of the board by:
A Tasci
Director
Company registration number:
08351563
Yesildere Limited
Notes to the Financial Statements
Year ended
31 January 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
171 Ballards Lane
,
Finchley
,
London
,
N3 1LP
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Office equipment
25% Reducing Balance
Fixtures and fittings
25% Reducing Balance
Motor vehicles
25% Reducing Balance

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.
Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4 Average number of employees

The average number of persons employed by the company during the year was
19
(2023:
17.00
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 February 2023
and
31 January 2024
49,904
 
Depreciation  
At
1 February 2023
30,390
 
Charge
4,878
 
At
31 January 2024
35,268
 
Carrying amount  
At
31 January 2024
14,636
 
At 31 January 2023
19,514
 

6 Debtors

20242023
££
Other debtors
226,516
 
211,534
 

7 Creditors: amounts falling due within one year

20242023
££
Bank loans and overdrafts
12,850
 
9,911
 
Trade creditors
27,843
 
67,392
 
Taxation and social security
29,442
 
21,181
 
Other creditors
96,115
 
68,286
 
166,250
 
166,770
 

8 Creditors: amounts falling due after more than one year

20242023
££
Bank loans and overdrafts
20,312
 
30,195