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REGISTERED NUMBER: 09000532 (England and Wales)










Financial Statements

for the Year Ended 30 June 2024

for

Youth Engineering Scunthorpe Limited

Youth Engineering Scunthorpe Limited (Registered number: 09000532)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Youth Engineering Scunthorpe Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: J D Connell





REGISTERED OFFICE: 6 Atkinsons Way
Foxhills Industrial Estate
Scunthorpe
North Lincolnshire
DN15 8QJ





REGISTERED NUMBER: 09000532 (England and Wales)





ACCOUNTANTS: SKS Bailey Group Limited
Suite 32/33 Normany Gateway,
Lysaghts Way,
Scunthorpe
North Lincolnshire
DN15 9YG

Youth Engineering Scunthorpe Limited (Registered number: 09000532)

Balance Sheet
30 June 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 - 138,618
Cash at bank 184 9,930
184 148,548
CREDITORS
Amounts falling due within one year 5 (324 ) (300 )
NET CURRENT (LIABILITIES)/ASSETS (140 ) 148,248
TOTAL ASSETS LESS CURRENT
LIABILITIES

(140

)

148,248

CREDITORS
Amounts falling due after more than one year 6 (2,000 ) (149,526 )
NET LIABILITIES (2,140 ) (1,278 )

RESERVES
Income and expenditure account 7 (2,140 ) (1,278 )
(2,140 ) (1,278 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 surplus or deficit for each financial year in accordance with the requirements of Sections 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.

Youth Engineering Scunthorpe Limited (Registered number: 09000532)

Balance Sheet - continued
30 June 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 October 2024 and were signed by:





J D Connell - Director


Youth Engineering Scunthorpe Limited (Registered number: 09000532)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Youth Engineering Scunthorpe Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
The going concern principle is no longer appropriate as the company ceased to trade on 30th June 2022.

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 or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the 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 to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 138,012
Tax - 606
- 138,618

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Accrued expenses 324 300

Youth Engineering Scunthorpe Limited (Registered number: 09000532)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 2,000 149,526

7. RESERVES
Income
and
expenditure
account
£   

At 1 July 2023 (1,278 )
Deficit for the year (862 )
At 30 June 2024 (2,140 )

8. OTHER FINANCIAL COMMITMENTS

Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) has a charge (charge code-090005320001) registered against company since 23/07/2014 as per below:

Contains fixed charge.
Contains floating charge.
Floating charge covers all the property or undertaking of the company.
Contains negative pledge.

9. RELATED PARTY DISCLOSURES

On 30th June 2024, the company owed its controlling charity, Youth Engineering Project, £2,000 (2023-£149,526). T Strawson is a trustee director of Youth Engineering Project.

On 30th June 2024, Bradbury Group Limited, a company of which T Strawson is a director, owed the company nil (2023-£138,012).