Company Registration No. 6672542 (England and Wales)
Yard Nine Limited
Unaudited accounts
for the year ended 5 April 2024
Yard Nine Limited
Unaudited accounts
Contents
Yard Nine Limited
Company Information
for the year ended 5 April 2024
Company Number
6672542 (England and Wales)
Registered Office
Kemp House
152-160 City Road
London
EC1V 2NX
Accountants
Pearl Accounting Limited
Suite 1
116 Ballards Lane
Finchley
London
N3 2DN
Yard Nine Limited
Statement of financial position
as at 5 April 2024
Tangible assets
1,636
2,650
Cash at bank and in hand
38,411
70,919
Creditors: amounts falling due within one year
(5,954)
(18,570)
Net current assets
40,117
60,449
Called up share capital
4
4
Profit and loss account
41,749
63,095
Shareholders' funds
41,753
63,099
For the year ending 5 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 5 January 2025 and were signed on its behalf by
A Osman
Director
Company Registration No. 6672542
Yard Nine Limited
Notes to the Accounts
for the year ended 5 April 2024
Yard Nine Limited is a private company, limited by shares, registered in England and Wales, registration number 6672542. The registered office is Kemp House, 152-160 City Road, London, EC1V 2NX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% straight line
Motor vehicles
33% straight line
Contributions in respect of the company's defined contribution pension scheme are charged to the profit and loss account for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Yard Nine Limited
Notes to the Accounts
for the year ended 5 April 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 6 April 2023
19,720
7,750
27,470
At 5 April 2024
19,720
7,750
27,470
At 6 April 2023
17,070
7,750
24,820
Charge for the year
1,014
-
1,014
At 5 April 2024
18,084
7,750
25,834
At 5 April 2024
1,636
-
1,636
At 5 April 2023
2,650
-
2,650
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
9,131
Loans from directors
60
358
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4
4
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).