REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 10 APRIL 2023 TO 30 APRIL 2024 |
FOR |
Y CAPEL MANAGEMENT LTD |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 10 APRIL 2023 TO 30 APRIL 2024 |
FOR |
Y CAPEL MANAGEMENT LTD |
Y CAPEL MANAGEMENT LTD (REGISTERED NUMBER: 14788871) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 10 APRIL 2023 TO 30 APRIL 2024 |
Page |
Statement of Financial Position | 1 |
Notes to the Financial Statements | 2 |
Y CAPEL MANAGEMENT LTD (REGISTERED NUMBER: 14788871) |
STATEMENT OF FINANCIAL POSITION |
30 APRIL 2024 |
£ |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES | - |
The directors acknowledge their 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. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Y CAPEL MANAGEMENT LTD (REGISTERED NUMBER: 14788871) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 10 APRIL 2023 TO 30 APRIL 2024 |
1. | STATUTORY INFORMATION |
The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is Fernwood House Fernwood Road, Jesmond, Newcastle Upon Tyne, Tyne And Wear, United Kingdom, NE2 1TJ. The company has not traded or made profits or losses during the period. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements are prepared in sterling, which is the functional currency of the entity. |
Income statement |
The company is dormant as defined by section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current year and therefore no income statement is presented within these financial statements. There have been no movements in shareholders funds during the current year or prior year. |
Financial instruments |
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. |
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. |
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. |
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | EVENTS AFTER THE END OF THE REPORTING PERIOD |
There were no significant events up to the date of approval of the financial statements by the board. |