2023-05-01 06552056 2024-04-30 06552056 2023-05-01 2024-04-30 06552056 2023-04-30 06552056 2022-05-01 2023-04-30 06552056 uk-core:WithinOneYear 2023-04-30 06552056 uk-core:WithinOneYear 2024-04-30 06552056 uk-core:AfterOneYear 2023-04-30 06552056 uk-core:AfterOneYear 2024-04-30 06552056 uk-core:ShareCapital 2024-04-30 06552056 uk-core:ShareCapital 2023-04-30 06552056 uk-core:RetainedEarningsAccumulatedLosses 2024-04-30 06552056 uk-core:RetainedEarningsAccumulatedLosses 2023-04-30 06552056 uk-bus:Director1 2023-05-01 2024-04-30 06552056 uk-core:ComputerEquipment 2023-05-01 2024-04-30 06552056 uk-core:FurnitureFittingsToolsEquipment 2023-05-01 2024-04-30 06552056 uk-core:ComputerEquipment 2023-04-30 06552056 uk-core:FurnitureFittingsToolsEquipment 2023-04-30 06552056 uk-core:FurnitureFittingsToolsEquipment 2024-04-30 06552056 uk-core:ComputerEquipment 2024-04-30 06552056 uk-core:AfterOneYear uk-core:Secured 2024-04-30 06552056 uk-core:AfterOneYear uk-core:Secured 2023-04-30 iso4217:GBP xbrli:pure 06552056 uk-bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 06552056 uk-bus:FRS102 2023-05-01 2024-04-30 06552056 uk-bus:FilletedAccounts 2023-05-01 2024-04-30 06552056 uk-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30
Draft
Your Local Accountants Limited
Registered Number:06552056
For the year ended 30 April 2024
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 30 April 2024
Your Local Accountants Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Draft
Registered Number :
06552056
As at 30 April 2024
Your Local Accountants Limited
Statement of Financial Position
£
£
2023
2024
Notes
Current assets
Trade and other receivables
138,653
115,490
3
30,427
Cash and cash equivalents
55,811
171,301
169,080
Trade and other payables: amounts falling due within one
year
(122,770)
(117,567)
4
46,310
53,734
Net current assets
Total assets less current liabilities
53,734
46,310
Trade and other payables: amounts falling due after more
than one year
(15,742)
(10,517)
5
(617)
(593)
Provisions for liabilities
42,600
Net assets
29,975
Capital and reserves
Called up share capital
1
1
Retained earnings
42,599
29,974
42,600
29,975
Shareholders' funds
For the year ended 30 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 of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Gary Ferdinandi Director
These financial statements were approved and authorised for issue by the Board on 26 January 2025 and were signed by:
The notes form part of these financial statements
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4
Draft
For the year ended 30 April 2024
Your Local Accountants Limited
Notes to the Financial Statements
Statutory Information
Your Local Accountants Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 06552056.
Registered address:
5 Chigwell Road
Cockfosters Road
London
E18 1LR
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25 Straight line
Computer equipment
25% Straight line
Fixtures and fittings
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
£
£
£
Cost or
valuation
At 01 May 2023
4,252
208
4,044
At 30 April 2024
4,044
208
4,252
Provision for depreciation and impairment
At 01 May 2023
4,252
208
4,044
At 30 April 2024
4,252
208
4,044
At 30 April 2024
Net book value
-
-
-
At 30 April 2023
-
-
-
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5
Draft
For the year ended 30 April 2024
Your Local Accountants Limited
Notes to the Financial Statements Continued
3. Trade and other receivables
2023
2024
£
£
Trade debtors
107,084
133,653
Other debtors
8,406
5,000
138,653
115,490
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
1,391
12,665
Taxation and social security
17,425
17,902
Other creditors
98,751
92,203
117,567
122,770
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
10,517
15,742
6. Average number of persons employed
During the year the average number of employees was 0
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