Silverfin false false 31/01/2024 01/02/2023 31/01/2024 Ian Hogg 30/08/2007 Kirsteen Sullivan 08/10/2014 31 October 2024 The principal activity of the Company during the financial year was business programme management. SC330088 2024-01-31 SC330088 bus:Director1 2024-01-31 SC330088 bus:Director2 2024-01-31 SC330088 2023-01-31 SC330088 core:CurrentFinancialInstruments 2024-01-31 SC330088 core:CurrentFinancialInstruments 2023-01-31 SC330088 core:ShareCapital 2024-01-31 SC330088 core:ShareCapital 2023-01-31 SC330088 core:RetainedEarningsAccumulatedLosses 2024-01-31 SC330088 core:RetainedEarningsAccumulatedLosses 2023-01-31 SC330088 core:LandBuildings 2023-01-31 SC330088 core:OtherPropertyPlantEquipment 2023-01-31 SC330088 core:LandBuildings 2024-01-31 SC330088 core:OtherPropertyPlantEquipment 2024-01-31 SC330088 2022-01-31 SC330088 bus:OrdinaryShareClass1 2024-01-31 SC330088 bus:OrdinaryShareClass2 2024-01-31 SC330088 core:KeyManagementPersonnel 2024-01-31 SC330088 core:KeyManagementPersonnel 2023-01-31 SC330088 2023-02-01 2024-01-31 SC330088 bus:FilletedAccounts 2023-02-01 2024-01-31 SC330088 bus:SmallEntities 2023-02-01 2024-01-31 SC330088 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 SC330088 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 SC330088 bus:Director1 2023-02-01 2024-01-31 SC330088 bus:Director2 2023-02-01 2024-01-31 SC330088 core:LandBuildings core:TopRangeValue 2023-02-01 2024-01-31 SC330088 core:OtherPropertyPlantEquipment core:TopRangeValue 2023-02-01 2024-01-31 SC330088 2022-02-01 2023-01-31 SC330088 core:LandBuildings 2023-02-01 2024-01-31 SC330088 core:OtherPropertyPlantEquipment 2023-02-01 2024-01-31 SC330088 bus:OrdinaryShareClass1 2023-02-01 2024-01-31 SC330088 bus:OrdinaryShareClass1 2022-02-01 2023-01-31 SC330088 bus:OrdinaryShareClass2 2023-02-01 2024-01-31 SC330088 bus:OrdinaryShareClass2 2022-02-01 2023-01-31 SC330088 core:KeyManagementPersonnel 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: SC330088 (Scotland)

YARDLEY PROGRAMME MANAGEMENT LTD

UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 JANUARY 2024
PAGES FOR FILING WITH THE REGISTRAR

YARDLEY PROGRAMME MANAGEMENT LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JANUARY 2024

Contents

YARDLEY PROGRAMME MANAGEMENT LTD

BALANCE SHEET

AS AT 31 JANUARY 2024
YARDLEY PROGRAMME MANAGEMENT LTD

BALANCE SHEET (continued)

AS AT 31 JANUARY 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 4,695 6,106
4,695 6,106
Current assets
Debtors 4 24,009 816
Cash at bank and in hand 5 287,494 262,060
311,503 262,876
Creditors: amounts falling due within one year 6 ( 35,419) ( 30,358)
Net current assets 276,084 232,518
Total assets less current liabilities 280,779 238,624
Provision for liabilities 7, 8 ( 189) ( 410)
Net assets 280,590 238,214
Capital and reserves
Called-up share capital 9 200 200
Profit and loss account 280,390 238,014
Total shareholders' funds 280,590 238,214

For the financial 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.

Directors' responsibilities:

The financial statements of Yardley Programme Management Ltd (registered number: SC330088) were approved and authorised for issue by the Board of Directors on 31 October 2024. They were signed on its behalf by:

Ian Hogg
Director
YARDLEY PROGRAMME MANAGEMENT LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JANUARY 2024
YARDLEY PROGRAMME MANAGEMENT LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JANUARY 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Yardley Programme Management Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is C/O Johnston Carmichael Bishop's Court, 29 Albyn Place, Aberdeen, AB10 1YL, Scotland, United Kingdom..

The financial statements have been prepared under the historical cost convention and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover represents amounts receivable for the provision of business programme management services net of VAT.

Revenue is recognised when the company has entitlement to the income in exchange for the provision of services.

Employee benefits

Short term benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
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 financial statements. 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.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings 20 years straight line
Plant and machinery etc. 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Non-financial assets
At each balance sheet date, the company reviews its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable
amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include deposits held at call with banks.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Basic financial assets
Basic financial assets, which include debtors and bank balances, are measured at transaction price including transaction costs.

Basic financial liabilities
Basic financial liabilities, including creditors, are recognised at transaction price

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the
initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

Provisions

Deferred tax provisions are recognised when the Company has a present obligation as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 1 1

3. Tangible assets

Land and buildings Plant and machinery etc. Total
£ £ £
Cost
At 01 February 2023 10,549 6,634 17,183
Disposals 0 ( 2,445) ( 2,445)
At 31 January 2024 10,549 4,189 14,738
Accumulated depreciation
At 01 February 2023 6,083 4,994 11,077
Charge for the financial year 527 884 1,411
Disposals 0 ( 2,445) ( 2,445)
At 31 January 2024 6,610 3,433 10,043
Net book value
At 31 January 2024 3,939 756 4,695
At 31 January 2023 4,466 1,640 6,106

4. Debtors

2024 2023
£ £
Trade debtors 24,009 0
Corporation tax 0 816
24,009 816

5. Cash and cash equivalents

2024 2023
£ £
Cash at bank and in hand 287,494 262,060

6. Creditors: amounts falling due within one year

2024 2023
£ £
Corporation tax 32,784 20,099
Other creditors 2,635 10,259
35,419 30,358

7. Provision for liabilities

2024 2023
£ £
Deferred tax 189 410

8. Deferred tax

2024 2023
£ £
At the beginning of financial year ( 410) ( 349)
Credited/(charged) to the Statement of Income and Retained Earnings 221 ( 61)
At the end of financial year ( 189) ( 410)

9. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
100 A ordinary shares of £ 1.00 each 100 100
100 B ordinary shares of £ 1.00 each 100 100
200 200

10. Related party transactions

Transactions with the entity’s directors (or members of its governing body)

Amounts owed to directors

2024 2023
£ £
Directors' current accounts 685 8,909

Advances totalling £96,314 were made to the directors in this period and £88,090 was repaid. The above loan is unsecured, interest free and repayable on demand.