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REGISTERED NUMBER: 12068875 (England and Wales)


Yazten Limited
Trading as
Shenley Sandwich Bar

Unaudited Financial Statements

for the Year Ended 31 August 2024






Yazten Limited (Registered number: 12068875)
Trading as Shenley Sandwich Bar






Contents of the Financial Statements
for the year ended 31 August 2024




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


Yazten Limited
Trading as Shenley Sandwich Bar

Company Information
for the year ended 31 August 2024







DIRECTOR: Mr M Urus





REGISTERED OFFICE: 13 Shenley Road
Borehamwood
WD6 1AD





REGISTERED NUMBER: 12068875 (England and Wales)





ACCOUNTANTS: Alton & Co
Chartered Accountants
239-241 Kennington Lane
London
SE11 5QU

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Yazten Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Yazten Limited for the year ended 31 August 2024 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Yazten Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Yazten Limited and state those matters that we have agreed to state to the director of Yazten Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Yazten Limited and its director for our work or for this report.

It is your duty to ensure that Yazten Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Yazten Limited. You consider that Yazten Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Yazten Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Alton & Co
Chartered Accountants
239-241 Kennington Lane
London
SE11 5QU


20 January 2025

Yazten Limited (Registered number: 12068875)
Trading as Shenley Sandwich Bar

Statement of Financial Position
31 August 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 14,414 16,557

CURRENT ASSETS
Inventories 3,467 3,562
Debtors 5 2,335 2,768
Cash at bank and in hand 39,136 18,973
44,938 25,303
CREDITORS
Amounts falling due within one year 6 14,340 10,343
NET CURRENT ASSETS 30,598 14,960
TOTAL ASSETS LESS CURRENT
LIABILITIES

45,012

31,517

CREDITORS
Amounts falling due after more than one
year

7

(5,949

)

(8,252

)

PROVISIONS FOR LIABILITIES 8 (2,739 ) (3,146 )
NET ASSETS 36,324 20,119

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 36,224 20,019
SHAREHOLDERS' FUNDS 36,324 20,119

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 profit or loss 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.

Yazten Limited (Registered number: 12068875)
Trading as Shenley Sandwich Bar

Statement of Financial Position - continued
31 August 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 January 2025 and were signed by:





Mr M Urus - Director


Yazten Limited (Registered number: 12068875)
Trading as Shenley Sandwich Bar

Notes to the Financial Statements
for the year ended 31 August 2024

1. STATUTORY INFORMATION

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

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is generated from the ordinary activities of the business and is recognised when the customer takes delivery of the order.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.


Yazten Limited (Registered number: 12068875)
Trading as Shenley Sandwich Bar

Notes to the Financial Statements - continued
for the year ended 31 August 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-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 period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 6 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 September 2023 7,611 1,069 16,262 24,942
Additions 2,660 - - 2,660
At 31 August 2024 10,271 1,069 16,262 27,602
DEPRECIATION
At 1 September 2023 3,852 468 4,065 8,385
Charge for year 1,604 150 3,049 4,803
At 31 August 2024 5,456 618 7,114 13,188
NET BOOK VALUE
At 31 August 2024 4,815 451 9,148 14,414
At 31 August 2023 3,759 601 12,197 16,557

Yazten Limited (Registered number: 12068875)
Trading as Shenley Sandwich Bar

Notes to the Financial Statements - continued
for the year ended 31 August 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 1,851
Social and security and other 17 -
VAT 905 917
Prepayments 1,413 -
2,335 2,768

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 2,302 2,302
Trade creditors 2,600 1,595
Tax 6,461 3,203
Social security and other taxes - 48
Pensions control account 209 54
Directors' current accounts 102 1,104
Accrued expenses 2,666 2,037
14,340 10,343

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Hire purchase contracts 5,949 8,252

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 2,739 3,146

Deferred
tax
£   
Balance at 1 September 2023 3,146
Credit to Statement of Income and Retained Earnings during year (407 )
Balance at 31 August 2024 2,739

Yazten Limited (Registered number: 12068875)
Trading as Shenley Sandwich Bar

Notes to the Financial Statements - continued
for the year ended 31 August 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 September 2023 20,019
Profit for the year 25,805
Dividends (9,600 )
At 31 August 2024 36,224

11. RELATED PARTY DISCLOSURES

Included in creditors are amounts owed to key management personnel of £102 (2023 : £1,104). No interest is charged on these balances and they are repayable on demand.