Yarno Holland Contracts Limited |
Registered Number:NI045175 |
For the year ended 31 January 2024
Northern Ireland
Unaudited Financial Statements
For the year ended 31 January 2024
Yarno Holland Contracts Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Yarno Holland Contracts Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
14,798
16,457
2
14,798
16,457
31,678
14,043
3
Trade and other receivables |
91,023
165,292
4
157,425
Cash and cash equivalents |
127,460
306,795
280,126
Trade and other payables: amounts falling due within one |
year |
(116,070)
(91,856)
5
164,056
214,939
Net current assets
Total assets less current liabilities |
229,737
180,513
Trade and other payables: amounts falling due after more |
than one year |
(29,954)
(20,035)
6
(868)
(1,085)
Provisions for liabilities |
208,834
Net assets
149,474
2
2
208,832
149,472
208,834
149,474
Shareholders' funds
For the year ended 31 January 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 January 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his 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. |
These financial statements were approved and authorised for issue by the Board on 20 November 2024 and were signed by: |
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For the year ended 31 January 2024
Yarno Holland Contracts Limited
Statement of Financial Position Continued
The notes form part of these financial statements |
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For the year ended 31 January 2024
Yarno Holland Contracts Limited
Notes to the Financial Statements
Statutory Information
Yarno Holland Contracts Limited is a private limited company, limited by shares, domiciled in Northern Ireland, |
registration number NI045175. |
81 Seagahan Road
Collone
Armagh
BT60 2BJ
The presentation currency is £ sterling. |
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: |
Building and Improvements
Plant and Machinery
Motor Vehicles
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate at the date of transaction. Exchange rate differences are taken into account in arriving at the operating result. |
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For the year ended 31 January 2024
Yarno Holland Contracts Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Building and |
Improvements |
68,534
2,150
41,670
24,714
24,714
41,670
2,150
68,534
Provision for depreciation and impairment |
52,077
2,145
35,848
14,084
Charge for year
1,659
1
1,164
494
53,736
2,146
37,012
14,578
10,136
4,658
4
14,798
10,630
5,822
5
16,457
2023
2024
14,043
31,678
4. Trade and other receivables |
2023
2024
159,650
85,527
5,642
5,496
91,023
165,292
5. Trade and other payables: amounts falling due within one year |
2023
2024
12,523
10,875
32,294
31,010
Taxation and social security |
29,574
26,778
17,465
47,407
91,856
116,070
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For the year ended 31 January 2024
Yarno Holland Contracts Limited
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year |
2023
2024
20,035
29,954
7. Average number of persons employed |
During the year the average number of employees was 7 (2023 : 6)
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