YC NAIL LTD

Company Registration Number:
13346557 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

YC NAIL LTD

Contents of the Financial Statements

for the Period Ended 30 April 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 10

YC NAIL LTD

Company Information

for the Period Ended 30 April 2024




Director: WENYI YU
Registered office: 21a
Junction Place
Haslemere
GBR
GU27 1LE
Company Registration Number: 13346557 (England and Wales)

YC NAIL LTD

Balance sheet

As at 30 April 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 5 1,835 1,240
Total fixed assets: 1,835 1,240
Current assets
Cash at bank and in hand: 21,118 16,885
Total current assets: 21,118 16,885
Creditors: amounts falling due within one year: 6 ( 7,122 ) ( 9,763 )
Net current assets (liabilities): 13,996 7,122
Total assets less current liabilities: 15,831 8,362
Total net assets (liabilities): 15,831 8,362

The notes form part of these financial statements

YC NAIL LTD

Balance sheet continued

As at 30 April 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 15,830 8,361
Shareholders funds: 15,831 8,362

For the year ending 30 April 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 30 January 2025
And Signed On Behalf Of The Board By:

Name: WENYI YU
Status: Director

The notes form part of these financial statements

YC NAIL LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks
    and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date
    to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its
    expected useful life, as follows:
    Plant and machinery: over 5 years

YC NAIL LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

YC NAIL LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 3. Off balance sheet disclosure

    No

YC NAIL LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Dividends


2024
£

2023
£
Dividends paid 1,000 0

YC NAIL LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Tangible assets

Plant & machinery Total
Cost £ £
At 01 May 2023 2,066 2,066
Additions 1,008 1,008
Disposals - -
Revaluations - -
Transfers - -
At 30 April 2024 3,074 3,074
Depreciation
At 01 May 2023 826 826
Charge for year 413 413
On disposals - -
Other adjustments - -
At 30 April 2024 1,239 1,239
Net book value
At 30 April 2024 1,835 1,835
At 30 April 2023 1,240 1,240

YC NAIL LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Taxation and social security 2,167 1,836
Accruals and deferred income 1,220 1,030
Other creditors 3,735 6,897
Total 7,122 9,763