Company registration number: 13333339
Unaudited financial statements
for the year ended 30 April 2024
for
Ynk Express Ltd
Pages for filing with the Registrar
Company registration number: 13333339
Ynk Express Ltd
Balance sheet
as at 30 April 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 4 116,195 75,451
116,195 75,451
Current assets
Debtors 61,128 1,510
Cash at bank and in hand 70,052 31,630
131,180 33,140
Creditors: amounts falling due within one
year
(37,524) (10,263)
Net current assets 93,656 22,877
Total assets less current liabilities 209,851 98,328
NET ASSETS 209,851 98,328
Capital and reserves
Called up share capital 100 100
Profit and loss account 209,751 98,228
TOTAL EQUITY 209,851 98,328
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 April 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 13333339
Ynk Express Ltd
Balance sheet - continued
as at 30 April 2024
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr L White, Director
10 March 2025
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Ynk Express Ltd
Notes to the financial statements
for the year ended 30 April 2024
1 Company information
Ynk Express Ltd is a private company registered in England and Wales. Its registered number is 13333339. The company is limited by shares. Its registered office is 11 Aston Green, Dunscroft, Doncaster, DN7 4HQ.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Motor vehicles - 20% reducing balance
Computer equipment - 33% straight line
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
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Ynk Express Ltd
Notes to the financial statements - continued
for the year ended 30 April 2024
2 Accounting policies - continued
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 1 (2023 - 1).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 May 2023 102,724
Additions 65,500
At 30 April 2024 168,224
Depreciation
At 1 May 2023 27,273
Charge for year 24,756
At 30 April 2024 52,029
Net book value
At 30 April 2024 116,195
At 30 April 2023 75,451
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