Company registration number 09561831 (England and Wales)
YAPP PSYCHOLOGICAL SERVICES LTD.
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
YAPP PSYCHOLOGICAL SERVICES LTD.
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
YAPP PSYCHOLOGICAL SERVICES LTD.
BALANCE SHEET
AS AT
30 APRIL 2024
30 April 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
11,773
11,706
Current assets
Debtors
4
4,416
6,970
Cash at bank and in hand
9,214
5,158
13,630
12,128
Creditors: amounts falling due within one year
5
(13,023)
(11,569)
Net current assets
607
559
Net assets
12,380
12,265
Capital and reserves
Called up share capital
6
1
1
Profit and loss reserves
12,379
12,264
Total equity
12,380
12,265
For the financial year ended 30 April 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 in question in accordance with section 476.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 7 November 2024
Dr J R Yapp
Director
Company registration number 09561831 (England and Wales)
YAPP PSYCHOLOGICAL SERVICES LTD.
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
- 2 -
1
Accounting policies
Company information
Yapp Psychological Services Ltd. is a private company limited by shares incorporated in England and Wales. The registered office is .
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
1.3
Tangible fixed assets
Depreciation provided at the following annual rates in order to write off each asset over it's estimated useful life.
Freehold land and buildings
10% on cost
Fixtures and fittings
20% on cost
Computer equipment
33% on cost
1.4
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current tax
Current or deferred taxation and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that is probable that they will be recovered against the reversal of deferred tax liabilities or future taxable profits.
1.5
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the periods to which they relate.
YAPP PSYCHOLOGICAL SERVICES LTD.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
- 3 -
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
1
1
3
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 May 2023
11,207
3,262
14,469
Additions
1,909
1,909
At 30 April 2024
11,207
5,171
16,378
Depreciation and impairment
At 1 May 2023
934
1,829
2,763
Depreciation charged in the year
1,121
721
1,842
At 30 April 2024
2,055
2,550
4,605
Carrying amount
At 30 April 2024
9,152
2,621
11,773
At 30 April 2023
10,273
1,433
11,706
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
4,416
6,970
5
Creditors: amounts falling due within one year
2024
2023
£
£
Taxation and social security
9,577
8,344
Other creditors
3,446
3,225
13,023
11,569
YAPP PSYCHOLOGICAL SERVICES LTD.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
- 4 -
6
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
1
1
1
1