BUSINESSYIELD LIMITED

Company Registration Number:
15013347 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 19 July 2023

End date: 31 July 2024

BUSINESSYIELD LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

BUSINESSYIELD LIMITED

Company Information

for the Period Ended 31 July 2024




Director: Chinenye Goodness Okubalu
Registered office: 10
Mast Street
Barking
England
IG11 7FY
Company Registration Number: 15013347 (England and Wales)

BUSINESSYIELD LIMITED

Directors' Report Period Ended 31 July 2024

The directors present their report with the financial statements of the company for the period ended 31 July 2024

Directors

The director(s) shown below were appointed to the company during the period
Chinenye Goodness Okubalu
19 July 2023

This report was approved by the board of directors on 2 November 2024
And Signed On Behalf Of The Board By:

Name: Chinenye Goodness Okubalu
Status: Director

BUSINESSYIELD LIMITED

Profit and Loss Account

for the Period Ended 31 July 2024


Notes

2024
£
Turnover 0
Cost of sales ( 0 )
Gross Profit or (Loss) 0
Income from coronavirus (COVID-19) business support grants 0
Distribution Costs ( 0 )
Administrative Expenses ( 0 )
Other operating income 0
Operating Profit or (Loss) 0
Interest Receivable and Similar Income 0
Interest Payable and Similar Charges ( 0 )
Profit or (Loss) Before Tax 0
Tax on Profit ( 0 )
Profit or (Loss) for Period 0

The notes form part of these financial statements

BUSINESSYIELD LIMITED

Balance sheet

As at 31 July 2024


Notes

2024
£
Fixed assets
Intangible assets: 4 0
Tangible assets: 5 0
Total fixed assets: 0
Current assets
Stocks: 0
Debtors: 6 0
Cash at bank and in hand: 1
Total current assets: 1
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 7 ( 0 )
Net current assets (liabilities): 1
Total assets less current liabilities: 1
Total net assets (liabilities): 1

The notes form part of these financial statements

BUSINESSYIELD LIMITED

Balance sheet continued

As at 31 July 2024


Notes

2024
£
Capital and reserves
Called up share capital: 1
Revaluation reserve: 8 0
Profit and loss account: 0
Shareholders funds: 1

For the year ending 31 July 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 2 November 2024
And Signed On Behalf Of The Board By:

Name: Chinenye Goodness Okubalu
Status: Director

The notes form part of these financial statements

BUSINESSYIELD LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    No measures was used because the company has not started operating.

    Turnover policy

    No measures was used because the company has not started operating.

    Tangible fixed assets depreciation policy

    No measures was used because the company has not started operating.

    Intangible fixed assets amortisation policy

    No measures was used because the company has not started operating.

    Valuation information and policy

    No measures was used because the company has not started operating.

    Other accounting policies

    No measures was used because the company has not started operating.

BUSINESSYIELD LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees


    2024
    Average number of employees during the period 0

    The company has not started operating.

BUSINESSYIELD LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 3. Off balance sheet disclosure

    No

BUSINESSYIELD LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Intangible assets

Other Total
Cost £ £
Additions 0 0
Disposals ( 0 ) ( 0 )
Revaluations 0 0
Transfers 0 0
At 31 July 2024 0 0
Amortisation
Charge for year 0 0
On disposals ( 0 ) ( 0 )
Other adjustments 0 0
Amortisation at 31 July 2024 0 0
Net book value
Net book value at 31 July 2024 0 0

Nothing

BUSINESSYIELD LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Tangible assets

Office equipment Total
Cost £ £
Additions 0 0
Disposals ( 0 ) ( 0 )
Revaluations 0 0
Transfers 0 0
At 31 July 2024 0 0
Depreciation
Charge for year 0 0
On disposals ( 0 ) ( 0 )
Other adjustments 0 0
At 31 July 2024 0 0
Net book value
At 31 July 2024 0 0

BUSINESSYIELD LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

6. Debtors


2024
£
Trade debtors 0
Prepayments and accrued income 0
Other debtors 0
Total 0
Debtors due after more than one year: 0

BUSINESSYIELD LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

7.Creditors: amounts falling due within one year note


2024
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Trade creditors 0
Taxation and social security 0
Accruals and deferred income 0
Other creditors 0
Total 0

BUSINESSYIELD LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

8. Revaluation reserve


2024
£
Surplus or deficit after revaluation 0
Balance at 31 July 2024 0