Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-02-290falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-03-01falseNo description of principal activity0false 03027318 2023-03-01 2024-02-29 03027318 2022-03-01 2023-02-28 03027318 2024-02-29 03027318 2023-02-28 03027318 c:Director1 2023-03-01 2024-02-29 03027318 d:CurrentFinancialInstruments 2024-02-29 03027318 d:CurrentFinancialInstruments 2023-02-28 03027318 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 03027318 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 03027318 d:ShareCapital 2024-02-29 03027318 d:ShareCapital 2023-02-28 03027318 d:RetainedEarningsAccumulatedLosses 2024-02-29 03027318 d:RetainedEarningsAccumulatedLosses 2023-02-28 03027318 c:FRS102 2023-03-01 2024-02-29 03027318 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 03027318 c:FullAccounts 2023-03-01 2024-02-29 03027318 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 03027318 e:PoundSterling 2023-03-01 2024-02-29 iso4217:GBP xbrli:pure

Registered number: 03027318









YBMC LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 29 FEBRUARY 2024

 
YBMC LIMITED
REGISTERED NUMBER: 03027318

BALANCE SHEET
AS AT 29 FEBRUARY 2024

29 February
28 February
2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
4,759
4,946

Cash at bank and in hand
 5 
590
17,081

  
5,349
22,027

Creditors: amounts falling due within one year
 6 
(1,853)
(18,531)

Net current assets
  
 
 
3,496
 
 
3,496

Total assets less current liabilities
  
3,496
3,496

  

Net assets
  
3,496
3,496


Capital and reserves
  

Called up share capital 
  
5
5

Profit and loss account
  
3,491
3,491

  
3,496
3,496


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 26 November 2024.




Carmen Fernandez-Mas
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
YBMC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.


General information

YBMC Limited is a limited liability company registered in England. The registered office of the company is  4-5, York Buildings, London WC2N 6JN.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

 
2.2

Income

Income comprises service charge income which represents maintenance and other administrative costs receivable from the owners of the flats. Income is recognised to the extent that it is probable that the economic benefits will flow to the Company and the income can be reliably measured.

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees




The Company has no employees other than the directors, who did not receive any remuneration (2023: £NIL).

The average monthly number of employees, including directors, during the year was 0 (2023: 0).


4.


Debtors

29 February
28 February
2024
2023
£
£


Trade debtors
800
-

Prepayments and accrued income
3,959
4,946
Page 2

 
YBMC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

4.Debtors (continued)


4,759
4,946



5.


Cash and cash equivalents

29 February
28 February
2024
2023
£
£

Cash at bank and in hand
590
17,081

590
17,081



6.


Creditors: Amounts falling due within one year

29 February
28 February
2024
2023
£
£

Payments received on account
317
9,103

Other creditors
962
8,851

Accruals and deferred income
574
577

1,853
18,531


Other creditors includes £962 (2022: £2,189) to Carmen Fernandez-Mas, the director and a shareholder of the company, which represents amounts contributed on behalf of the company.
 

Page 3