Company Registration No. 11916628 (England and Wales)
Y-A-C Patisserie Ltd
Unaudited accounts
for the period from 1 March 2023 to 28 February 2024
Y-A-C Patisserie Ltd
Unaudited accounts
Contents
Y-A-C Patisserie Ltd
Company Information
for the period from 1 March 2023 to 28 February 2024
Company Number
11916628 (England and Wales)
Registered Office
11 Wellfield Road
The Ground Floor
Cardiff
Caerdydd
CF24 3NZ
Wales
Accountants
DNG Associates
214 Baker Street
Enfield
London
EN1 3JT
Y-A-C Patisserie Ltd
Statement of financial position
as at 28 February 2024
Tangible assets
10,992
12,360
Cash at bank and in hand
2,974
27,678
Creditors: amounts falling due within one year
(104,118)
(80,773)
Net current assets
17,856
26,905
Total assets less current liabilities
28,848
39,265
Creditors: amounts falling due after more than one year
(12,098)
(22,098)
Called up share capital
100
100
Profit and loss account
16,650
17,067
Shareholders' funds
16,750
17,167
For the period ending 28 February 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 7 November 2024 and were signed on its behalf by
Mr C Oran
Director
Company Registration No. 11916628
Y-A-C Patisserie Ltd
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
Y-A-C Patisserie Ltd is a private company, limited by shares, registered in England and Wales, registration number 11916628. The registered office and principal place of business is 11 Wellfield Road, The Ground Floor, Cardiff, Caerdydd, CF24 3NZ, Wales.
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 period, 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.
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
18% - reducing balance method
Fixtures & fittings
18% - reducing balance method
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2023
22,143
5,787
27,930
At 28 February 2024
22,143
6,831
28,974
At 1 March 2023
10,970
4,600
15,570
Charge for the period
2,011
401
2,412
At 28 February 2024
12,981
5,001
17,982
At 28 February 2024
9,162
1,830
10,992
At 28 February 2023
11,173
1,187
12,360
Y-A-C Patisserie Ltd
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
Amounts falling due within one year
Other debtors
119,000
80,000
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,000
10,000
Taxes and social security
739
2,576
Loans from directors
89,433
67,500
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Transactions with related parties
Included within other creditors is an amount of £89,433 (£67,500;2023) due to its directors. There are no terms as to interest or repayment in respect of this balance.
10
Average number of employees
During the period the average number of employees was 5 (2023: 5).