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
YG Rail Limited
Company Information
for the year ended 31 May 2024
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
YG Rail Limited
Statement of financial position
as at 31 May 2024
Tangible assets
84,336
61,760
Cash at bank and in hand
211,855
124,504
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
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
YG Rail Limited
Notes to the Accounts
for the year ended 31 May 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
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
At 31 May 2024
9,152
75,184
84,336
At 31 May 2023
6,226
55,534
61,760
YG Rail Limited
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
Trade debtors
14,464
11,374
Other debtors
124,244
124,244
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Creditors: amounts falling due within one year
2024
2023
Taxes and social security
68,246
31,825
Loans from directors
1,025
12,753
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 2 (2023: 1).