2023-02-01 NI045175 2024-01-31 NI045175 2023-02-01 2024-01-31 NI045175 2023-01-31 NI045175 2022-02-01 2023-01-31 NI045175 uk-core:WithinOneYear 2023-01-31 NI045175 uk-core:WithinOneYear 2024-01-31 NI045175 uk-core:AfterOneYear 2023-01-31 NI045175 uk-core:AfterOneYear 2024-01-31 NI045175 uk-core:ShareCapital 2024-01-31 NI045175 uk-core:ShareCapital 2023-01-31 NI045175 uk-core:RetainedEarningsAccumulatedLosses 2024-01-31 NI045175 uk-core:RetainedEarningsAccumulatedLosses 2023-01-31 NI045175 uk-bus:Director1 2023-02-01 2024-01-31 NI045175 uk-core:Buildings 2023-02-01 2024-01-31 NI045175 uk-core:PlantMachinery 2023-02-01 2024-01-31 NI045175 uk-core:Vehicles 2023-02-01 2024-01-31 NI045175 uk-core:Vehicles 2023-01-31 NI045175 uk-core:PlantMachinery 2023-01-31 NI045175 uk-core:Buildings 2023-01-31 NI045175 uk-core:Buildings 2024-01-31 NI045175 uk-core:PlantMachinery 2024-01-31 NI045175 uk-core:Vehicles 2024-01-31 NI045175 uk-core:WithinOneYear 2024-01-31 NI045175 uk-core:WithinOneYear 2023-01-31 NI045175 uk-core:AfterOneYear uk-core:Secured 2024-01-31 NI045175 uk-core:AfterOneYear uk-core:Secured 2023-01-31 iso4217:GBP xbrli:pure NI045175 uk-bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 NI045175 uk-bus:FRS102 2023-02-01 2024-01-31 NI045175 uk-bus:FilletedAccounts 2023-02-01 2024-01-31 NI045175 uk-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31
Yarno Holland Contracts Limited
Registered Number:NI045175
For the year ended 31 January 2024
Northern Ireland
Unaudited Financial Statements
2
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
3
Registered Number :
NI045175
As at 31 January 2024
Yarno Holland Contracts Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
14,798
16,457
2
14,798
16,457
Current assets
Inventories
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
Capital and reserves
Called up share capital
2
2
Retained earnings
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.
Yarno Holland Director
These financial statements were approved and authorised for issue by the Board on 20 November 2024 and were signed by:
1 of 5
4
Registered Number :
NI045175
For the year ended 31 January 2024
Yarno Holland Contracts Limited
Statement of Financial Position Continued
The notes form part of these financial statements
2 of 5
5
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.
Registered address:
81 Seagahan Road
Collone
Armagh
BT60 2BJ
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:
Building and Improvements
2% Straight line
Plant and Machinery
20% Reducing balance
25% Reducing balance
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.
3 of 5
6
For the year ended 31 January 2024
Yarno Holland Contracts Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Motor
Vehicles
Plant and
Machinery
Building and
Improvements
£
£
£
£
Cost or
valuation
At 01 February 2023
68,534
2,150
41,670
24,714
At 31 January 2024
24,714
41,670
2,150
68,534
Provision for depreciation and impairment
At 01 February 2023
52,077
2,145
35,848
14,084
Charge for year
1,659
1
1,164
494
At 31 January 2024
53,736
2,146
37,012
14,578
At 31 January 2024
Net book value
10,136
4,658
4
14,798
At 31 January 2023
10,630
5,822
5
16,457
3. Inventories
2023
2024
£
£
Stocks
14,043
31,678
4. Trade and other receivables
2023
2024
£
£
Trade debtors
159,650
85,527
Other debtors
5,642
5,496
91,023
165,292
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
12,523
10,875
Trade creditors
32,294
31,010
Taxation and social security
29,574
26,778
Other creditors
17,465
47,407
91,856
116,070
4 of 5
7
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
£
£
Bank loans and overdraft
20,035
29,954
7. Average number of persons employed
During the year the average number of employees was 7 (2023 : 6)
5 of 5