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Company Registration No. 09032446 (England and Wales)
YG Rail Limited Unaudited accounts for the year ended 31 May 2024
YG Rail Limited Unaudited accounts Contents
Page
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YG Rail Limited Company Information for the year ended 31 May 2024
Director
Yang Gao
Company Number
09032446 (England and Wales)
Registered Office
39 Renard Way Trumpington Cambridge Essex CB2 9EW
Accountants
ST Accountancy Services Ltd Corner House Market Place Braintree Essex CM7 3HQ
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YG Rail Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
84,336 
61,760 
Current assets
Debtors
138,708 
135,618 
Cash at bank and in hand
211,855 
124,504 
350,563 
260,122 
Creditors: amounts falling due within one year
(86,859)
(71,716)
Net current assets
263,704 
188,406 
Total assets less current liabilities
348,040 
250,166 
Creditors: amounts falling due after more than one year
(97,146)
(64,804)
Net assets
250,894 
185,362 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
250,794 
185,262 
Shareholders' funds
250,894 
185,362 
For the year ending 31 May 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 30 November 2024 and were signed on its behalf by
Yang Gao Director Company Registration No. 09032446
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YG Rail Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
YG Rail Limited is a private company, limited by shares, registered in England and Wales, registration number 09032446. The registered office is 39 Renard Way, Trumpington, Cambridge, Essex, CB2 9EW.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance method
Motor vehicles
25% reducing balance method
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
11,119 
74,045 
85,164 
Additions
5,977 
44,712 
50,689 
At 31 May 2024
17,096 
118,757 
135,853 
Depreciation
At 1 June 2023
4,893 
18,511 
23,404 
Charge for the year
3,051 
25,062 
28,113 
At 31 May 2024
7,944 
43,573 
51,517 
Net book value
At 31 May 2024
9,152 
75,184 
84,336 
At 31 May 2023
6,226 
55,534 
61,760 
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YG Rail Limited Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
14,464 
11,374 
Other debtors
124,244 
124,244 
138,708 
135,618 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
17,588 
19,365 
Trade creditors
- 
7,223 
Taxes and social security
68,246 
31,825 
Loans from directors
1,025 
12,753 
Accruals
- 
550 
86,859 
71,716 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
97,146 
64,804 
8
Average number of employees
During the year the average number of employees was 2 (2023: 1).
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