Registered number
15070661
Yevhen Musiienko Limited
Filleted Abridged Accounts
Period ended 31 August 2024
Yevhen Musiienko Limited
Abridged Balance Sheet
as at 31 August 2024
Notes 2024
£
Fixed assets
Tangible assets 3 562
Current assets
Debtors 10,959
Cash at bank and in hand 27,957
38,916
Creditors: amounts falling due within one year (17,688)
Net current assets 21,228
Net assets 21,790
Capital and reserves
Called up share capital 100
Profit and loss account 21,690
Shareholder's funds 21,790
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006.
Y Musiienko
Director
Approved by the board on 29 December 2024
Yevhen Musiienko Limited
Notes to the Abridged Accounts
for the period from 1 October 2023 to 31 August 2024
1 Accounting policies
Basis of preparation
The abridged accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
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
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:
Office equipment over 4 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024
Number
Average number of persons employed by the company 1
3 Tangible fixed assets
Total
£
Cost
Additions 750
At 31 August 2024 750
Depreciation
Charge for the period 188
At 31 August 2024 188
Net book value
At 31 August 2024 562
4 Other information
Yevhen Musiienko Limited is a private company limited by shares and incorporated in England. Its registered office is:
19 Bower Close
Romford
Essex
RM5 3SR
Yevhen Musiienko Limited 15070661 false 2023-10-01 2024-08-31 2024-08-31 VT Final Accounts July 2024 Y Musiienko No description of principal activity 15070661 2023-10-01 2024-08-31 15070661 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-08-31 15070661 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-08-31 15070661 bus:Director40 2023-10-01 2024-08-31 15070661 1 2023-10-01 2024-08-31 15070661 2 2023-10-01 2024-08-31 15070661 countries:England 2023-10-01 2024-08-31 15070661 bus:FRS102 2023-10-01 2024-08-31 15070661 bus:AbridgedAccounts 2023-10-01 2024-08-31 15070661 2024-08-31 15070661 core:WithinOneYear 2024-08-31 15070661 core:ShareCapital 2024-08-31 15070661 core:RetainedEarningsAccumulatedLosses 2024-08-31 15070661 2023-09-30 iso4217:GBP xbrli:pure