Company Registration No. 14981954 (England and Wales)
R Yates Engineering Limited
Unaudited accounts
for the period from 5 July 2023 to 31 July 2024
R Yates Engineering Limited
Unaudited accounts
Contents
R Yates Engineering Limited
Company Information
for the period from 5 July 2023 to 31 July 2024
Directors
PATRICA CHEADLE
REGINALD CHEADLE
LAWANCE HILTON
JACK CHEADLE
Company Number
14981954 (England and Wales)
R Yates Engineering Limited
Statement of financial position
as at 31 July 2024
Cash at bank and in hand
45,397
Creditors: amounts falling due within one year
(155,698)
Net current assets
168,701
Total assets less current liabilities
247,894
Creditors: amounts falling due after more than one year
(34,754)
Profit and loss account
213,136
Shareholders' funds
213,140
For the period ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 23 October 2024 and were signed on its behalf by
PATRICA CHEADLE
Director
Company Registration No. 14981954
R Yates Engineering Limited
Notes to the Accounts
for the period from 5 July 2023 to 31 July 2024
R Yates Engineering Limited is a private company, limited by shares, registered in England and Wales, registration number 14981954.
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 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% Straight line
Motor vehicles
25% Straight line
Computer equipment
50% Straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
Additions
78,150
5,850
193
84,193
Disposals
(5,000)
-
-
(5,000)
At 31 July 2024
73,150
5,850
193
79,193
At 31 July 2024
73,150
5,850
193
79,193
Amounts falling due within one year
R Yates Engineering Limited
Notes to the Accounts
for the period from 5 July 2023 to 31 July 2024
6
Creditors: amounts falling due within one year
2024
Taxes and social security
47,479
7
Creditors: amounts falling due after more than one year
2024
8
Average number of employees
During the period the average number of employees was 0.