2023-08-01 11480827 2024-07-31 11480827 2023-08-01 2024-07-31 11480827 2023-07-31 11480827 2022-08-01 2023-07-31 11480827 uk-core:WithinOneYear 2023-07-31 11480827 uk-core:WithinOneYear 2024-07-31 11480827 uk-core:AfterOneYear 2023-07-31 11480827 uk-core:AfterOneYear 2024-07-31 11480827 uk-core:ShareCapital 2024-07-31 11480827 uk-core:ShareCapital 2023-07-31 11480827 uk-core:RetainedEarningsAccumulatedLosses 2024-07-31 11480827 uk-core:RetainedEarningsAccumulatedLosses 2023-07-31 11480827 uk-bus:Director1 2023-08-01 2024-07-31 11480827 uk-bus:Director2 2023-08-01 2024-07-31 11480827 uk-core:PlantMachinery 2023-08-01 2024-07-31 11480827 uk-core:CommercialMotorVehicles 2023-08-01 2024-07-31 11480827 uk-core:FurnitureFittings 2023-08-01 2024-07-31 11480827 uk-core:FurnitureFittings 2023-07-31 11480827 uk-core:CommercialMotorVehicles 2023-07-31 11480827 uk-core:PlantMachinery 2023-07-31 11480827 uk-core:PlantMachinery 2024-07-31 11480827 uk-core:CommercialMotorVehicles 2024-07-31 11480827 uk-core:FurnitureFittings 2024-07-31 iso4217:GBP xbrli:pure 11480827 uk-bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 11480827 uk-bus:FRS102 2023-08-01 2024-07-31 11480827 uk-bus:FilletedAccounts 2023-08-01 2024-07-31 11480827 uk-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31
Ymec Facilities Ltd
Registered Number:11480827
For the year ended 31 July 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 July 2024
Ymec Facilities Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
11480827
As at 31 July 2024
Ymec Facilities Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
31,929
42,526
2
31,929
42,526
Current assets
Inventories
20,000
15,000
3
Trade and other receivables
24,572
4,242
4
94,651
Cash and cash equivalents
43,996
63,238
139,223
Trade and other payables: amounts falling due within one year
(90,871)
(42,256)
5
48,352
20,982
Net current assets
Total assets less current liabilities
52,911
90,878
Trade and other payables: amounts falling due after more than
one year
-
(10,841)
6
42,070
Net assets
90,878
Capital and reserves
Called up share capital
100
2
Retained earnings
41,970
90,876
42,070
90,878
Shareholders' funds
For the year ended 31 July 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 of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year
and of its profit or loss for each financial year in accordance with the requirements of Section 394 and 395 and which otherwise comply
with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Ronald Stephen Greene Director
Mr Russell Greene Director
These financial statements were approved and authorised for issue by the Board on 15 October 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 July 2024
Ymec Facilities Ltd
Notes to the Financial Statements
Statutory Information
Ymec Facilities Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 11480827.
Registered address:
11 Delius Gardens
Horsham
West Sussex
RH13 6RY
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 ''The
Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have
been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
20% Reducing balance
25% Reducing balance
Motor Vehicles
20% Reducing balance
Furniture and Fittings
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
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5
For the year ended 31 July 2024
Ymec Facilities Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Furniture and
Fittings
Motor Vehicles
Plant and
Machinery
£
£
£
£
Cost or valuation
At 01 August 2023
97,085
2,430
71,485
23,170
-
-
(1,600)
Disposals
(1,600)
At 31 July 2024
21,570
71,485
2,430
95,485
Provision for depreciation and impairment
At 01 August 2023
54,559
1,633
38,105
14,821
Charge for year
10,070
159
8,345
1,566
(1,073)
-
-
(1,073)
On disposal
At 31 July 2024
63,556
1,792
46,450
15,314
At 31 July 2024
Net book value
6,256
25,035
638
31,929
At 31 July 2023
8,349
33,380
797
42,526
3. Inventories
2023
2024
£
£
Stocks
15,000
20,000
4. Trade and other receivables
2023
2024
£
£
Trade debtors
4,242
24,572
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
4,658
27,581
Taxation and social security
26,841
36,202
Other creditors
10,757
27,088
42,256
90,871
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6
For the year ended 31 July 2024
Ymec Facilities Ltd
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Other creditors
10,841
-
7. Average number of persons employed
During the year the average number of employees was 4 (2023 : 4)
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