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Company Registration No. 11643455 (England and Wales)
Yang Le Limited Unaudited accounts for the year ended 31 October 2024
Yang Le Limited Unaudited accounts Contents
Page
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Yang Le Limited Company Information for the year ended 31 October 2024
Director
Dr. Peng Fan
Company Number
11643455 (England and Wales)
Registered Office
8 Carlisle Drive Timperley Altrincham WA14 5PT United Kingdom
Accountants
Anthony Daniel Associates Ltd 10 Julian Place London E14 3AT
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Yang Le Limited Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,189 
5,607 
Current assets
Inventories
1,700 
1,520 
Debtors
19,682 
15,550 
Cash at bank and in hand
94,029 
24,115 
115,411 
41,185 
Creditors: amounts falling due within one year
(72,775)
(23,629)
Net current assets
42,636 
17,556 
Net assets
47,825 
23,163 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
46,825 
22,163 
Shareholders' funds
47,825 
23,163 
For the year ending 31 October 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 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 31 October 2024 and were signed on its behalf by
Dr. Peng Fan Director Company Registration No. 11643455
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Yang Le Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Yang Le Limited is a private company, limited by shares, registered in England and Wales, registration number 11643455. The registered office is 8 Carlisle Drive, Timperley, Altrincham, WA14 5PT, 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.
Turnover
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:
Land & buildings
Over leasehold period
Fixtures & fittings
20% on straight line
Computer equipment
20% on straight line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Yang Le Limited Notes to the Accounts for the year ended 31 October 2024
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2023
5,115 
7,423 
2,550 
15,088 
Additions
- 
- 
1,475 
1,475 
At 31 October 2024
5,115 
7,423 
4,025 
16,563 
Depreciation
At 1 November 2023
1,924 
6,701 
856 
9,481 
Charge for the year
405 
724 
764 
1,893 
At 31 October 2024
2,329 
7,425 
1,620 
11,374 
Net book value
At 31 October 2024
2,786 
(2)
2,405 
5,189 
At 31 October 2023
3,191 
722 
1,694 
5,607 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,297 
- 
Accrued income and prepayments
6,135 
6,300 
Other debtors
9,250 
9,250 
19,682 
15,550 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
34 
104 
Taxes and social security
16,706 
11,973 
Other creditors
13,945 
6,133 
Loans from directors
40,910 
4,139 
Accruals
1,180 
1,280 
72,775 
23,629 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
8
Controlling party
The ultimate controlling party is Dr. Peng Fan, who is the sole director and holds one hundred percent of the company shares.
9
Average number of employees
During the year the average number of employees was 4 (2023: 3).
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