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REGISTERED NUMBER: 08509606 (England and Wales)










Unaudited Financial Statements

for the Period 1 January 2023 to 31 January 2024

for

Yellow Bulldog Limited

Yellow Bulldog Limited (Registered number: 08509606)






Contents of the Financial Statements
for the Period 1 January 2023 to 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Yellow Bulldog Limited

Company Information
for the Period 1 January 2023 to 31 January 2024







DIRECTORS: Ms D Challis
B A Grant
M M Precious





REGISTERED OFFICE: Attimore Barn
Ridgeway
Welwyn Garden City
Hertfordshire
AL7 2AD





REGISTERED NUMBER: 08509606 (England and Wales)





ACCOUNTANTS: NSO Associates LLP
75 Springfield Road
Chelmsford
Essex
CM2 6JB

Yellow Bulldog Limited (Registered number: 08509606)

Balance Sheet
31 January 2024

31.12.22 31.1.24
£    £    Notes £    £   
FIXED ASSETS
51,750 Tangible assets 4 25,166

CURRENT ASSETS
920,943 Stocks 831,366
584,633 Debtors 5 585,324
220,840 Cash at bank 153,575
1,726,416 1,570,265
CREDITORS
1,231,772 Amounts falling due within one year 6 1,606,322
494,644 NET CURRENT (LIABILITIES)/ASSETS (36,057 )
546,394 TOTAL ASSETS LESS CURRENT
LIABILITIES

(10,891

)

CREDITORS
(207,128 ) Amounts falling due after more than one
year

7

(65,346

)

(9,748 ) PROVISIONS FOR LIABILITIES -
329,518 NET (LIABILITIES)/ASSETS (76,237 )

CAPITAL AND RESERVES
100 Called up share capital 9 100
329,418 Retained earnings (76,337 )
329,518 (76,237 )

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

The members have not required the company to obtain an audit of its financial statements for the period 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.

Yellow Bulldog Limited (Registered number: 08509606)

Balance Sheet - continued
31 January 2024


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 24 July 2024 and were signed on its behalf by:





B A Grant - Director


Yellow Bulldog Limited (Registered number: 08509606)

Notes to the Financial Statements
for the Period 1 January 2023 to 31 January 2024

1. STATUTORY INFORMATION

Yellow Bulldog 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover comprises of the consideration received or receivable for the sale of goods and provision of
services in the ordinary course of the company’s activities. Turnover is shown net of sales/value
added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost
is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable,
direct labour costs and those overheads that have been incurred in bringing the inventories to their
present location and condition. At each reporting date, stocks are assessed for impairment. If stocks
are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the
impairment loss is recognised immediately in profit or loss.

Taxation
Taxation for the period 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.


Yellow Bulldog Limited (Registered number: 08509606)

Notes to the Financial Statements - continued
for the Period 1 January 2023 to 31 January 2024

2. ACCOUNTING POLICIES - continued
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 period 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.

Foreign currencies
Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the
date of the transaction. Monetary assets and liabilities denominated in foreign currencies are
retranslated into the respective functional currency of the entity at the rates prevailing on the reporting
period date. Non-monetary items carried at fair value that are denominated in foreign currencies are
retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

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.

Pension costs and other post-retirement benefits
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension
fund and the company has no legal or constructive obligation to pay further contributions even if the
fund does not hold sufficient assets to pay all employees the benefits relating to employee service in
the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they
are due. If contribution payments exceed the contribution due for service, the excess is recognised as
a prepayment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 17 (2022 - 22 ) .

Yellow Bulldog Limited (Registered number: 08509606)

Notes to the Financial Statements - continued
for the Period 1 January 2023 to 31 January 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 January 2024 282,823
DEPRECIATION
At 1 January 2023 231,073
Charge for period 26,584
At 31 January 2024 257,657
NET BOOK VALUE
At 31 January 2024 25,166
At 31 December 2022 51,750

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.12.22
£    £   
Trade debtors 90,089 93,987
Other debtors 495,235 490,646
585,324 584,633

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.12.22
£    £   
Bank loans and overdrafts 131,110 192,903
Trade creditors 893,534 763,213
Taxation and social security 9,489 18,942
Other creditors 572,189 256,714
1,606,322 1,231,772

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.12.22
£    £   
Bank loans 65,346 207,128

8. SECURED DEBTS

The following secured debts are included within creditors:

31.1.24 31.12.22
£    £   
Bank loans 196,456 400,031

Yellow Bulldog Limited (Registered number: 08509606)

Notes to the Financial Statements - continued
for the Period 1 January 2023 to 31 January 2024

9. CALLED UP SHARE CAPITAL

Allotted, called up and full paid shares

2024 2022
No. £    No. £   
Ordinary A of £0.01 each 5,000 50 5,000 50
Ordinary B of £0.01 each 5,000 50 5,000 50
10,000 100 10,000 100

Both classes of shares rank pari passu in the event of a winding up, sale or liquidation. Dividends can
be declared independent of each class of share.

10. RELATED PARTY DISCLOSURES

At the balance sheet date the company was owed £24,708 (2022 - £400,935) from companies
connected by common control. All amounts arose under normal trading terms.

11. POST BALANCE SHEET EVENTS

There were no post balance sheet events that require being brought to the attention of the shareholders or creditors.

12. GOING CONCERN

At the period end the company had a net deficiency of assets of £76,237. The directors have undertaken to support the company financially until the situation has been fully redressed. It is therefore deemed appropriate to prepare the financial statements on the going concern basis.