Company Registration No. 09010215 (England and Wales)
YAADGAAR (UK) LTD
unaudited financial statements
for the year ended 31 October 2023
YAADGAAR (UK) LTD
unaudited financial statements
Contents
YAADGAAR (UK) LTD
Company Information
for the year ended 31 October 2023
Company Number
09010215 (England and Wales)
Registered Office
89 HAREHILLS ROAD
LEEDS
LS8 5HS
Accountants
HLA Accountants
21 Hyde Park Road
Leeds
West Yorkshire
LS6 1PY
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
YAADGAAR (UK) LTD
for the year ended 31 October 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
YAADGAAR (UK) LTD for the year ended
31 October 2023 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
HLA Accountants
Chartered Certified Accountants
21 Hyde Park Road
Leeds
West Yorkshire
LS6 1PY
18 July 2024
YAADGAAR (UK) LTD
Statement of financial position
as at 31 October 2023
Tangible assets
1,631
2,364
Cash at bank and in hand
8,468
2,635
Creditors: amounts falling due within one year
(12,927)
(11,061)
Net current assets
13,917
5,802
Called up share capital
100
100
Profit and loss account
15,448
8,066
Shareholders' funds
15,548
8,166
For the year ending 31 October 2023 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 his 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 18 July 2024 and were signed on its behalf by
Sohail AHMED
Director
Company Registration No. 09010215
YAADGAAR (UK) LTD
Notes to the Accounts
for the year ended 31 October 2023
YAADGAAR (UK) LTD is a private company, limited by shares, registered in England and Wales, registration number 09010215. The registered office is 89 HAREHILLS ROAD, LEEDS, LS8 5HS.
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.
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:
Plant & machinery
25% diminishing balance method.
Computer equipment
25% diminishing balance method.
Government grants in relation to job retention scheme are credited to profit and loss account o, whereas those in relation to expenditure are charged to profit and loss.
YAADGAAR (UK) LTD
Notes to the Accounts
for the year ended 31 October 2023
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2022
9,100
1,135
10,235
At 31 October 2023
9,100
1,135
10,235
At 1 November 2022
7,075
796
7,871
Charge for the year
506
227
733
At 31 October 2023
7,581
1,023
8,604
At 31 October 2023
1,519
112
1,631
At 31 October 2022
2,025
339
2,364
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
6,427
6,525
Loans from directors
5,000
-
7
Average number of employees
During the year the average number of employees was 6 (2022: 6).