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Company Registration No. 09574496 (England and Wales)
Your Choice Cover Ltd Filleted accounts for the year ended 31 January 2024
Your Choice Cover Ltd Filleted accounts Contents
Page
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Your Choice Cover Ltd Company Information for the year ended 31 January 2024
Directors
Khandaker Rahman William Keith Jones
Company Number
09574496 (England and Wales)
Registered Office
12 Celtic Trade Park Bruce Road Fforestfach Swansea SA5 4EP United Kingdom
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Your Choice Cover Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
28,535 
7,329 
Current assets
Debtors
161,212 
65,205 
Cash at bank and in hand
313,588 
151,217 
474,800 
216,422 
Creditors: amounts falling due within one year
(32,054)
(99,397)
Net current assets
442,746 
117,025 
Net assets
471,281 
124,354 
Capital and reserves
Called up share capital
7,200 
7,200 
Capital contribution reserve
504,255 
- 
Profit and loss account
(40,174)
117,154 
Shareholders' funds
471,281 
124,354 
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 1 July 2024 and were signed on its behalf by
Khandaker Rahman Director Company Registration No. 09574496
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Your Choice Cover Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Your Choice Cover Ltd is a private company, limited by shares, registered in England and Wales, registration number 09574496. The registered office is 12 Celtic Trade Park Bruce Road, Fforestfach, Swansea, SA5 4EP, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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% straight line
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 February 2023
9,161 
Additions
28,798 
At 31 January 2024
37,959 
Depreciation
At 1 February 2023
1,832 
Charge for the year
7,592 
At 31 January 2024
9,424 
Net book value
At 31 January 2024
28,535 
At 31 January 2023
7,329 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
161,212 
65,205 
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Your Choice Cover Ltd Notes to the Accounts for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
32,054 
99,154 
Loans from directors
- 
243 
32,054 
99,397 
7
Transactions with related parties
The directors, who are also the shareholders of the company, were paid dividends in the period.
8
Average number of employees
During the year the average number of employees was 58 (2023: 36).
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