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REGISTERED NUMBER: 05025137 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Yes Please Limited

Yes Please Limited (Registered number: 05025137)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Yes Please Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mr J S Boparai





SECRETARY: Mr J S Boparai





REGISTERED OFFICE: Marland House
13 Huddersfield Road
Barnsley
South Yorkshire
S70 2LW





REGISTERED NUMBER: 05025137 (England and Wales)





ACCOUNTANTS: Harris & Co Limited
Chartered Accountants
Marland House
13 Huddersfield Road
Barnsley
South Yorkshire
S70 2LW

Yes Please Limited (Registered number: 05025137)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 12,595 12,595
Tangible assets 6 277,167 311,583
289,762 324,178

CURRENT ASSETS
Debtors 7 - 10,333
Cash at bank and in hand 102 108
102 10,441
CREDITORS
Amounts falling due within one year 8 189,107 203,930
NET CURRENT LIABILITIES (189,005 ) (193,489 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

100,757

130,689

CREDITORS
Amounts falling due after more than one
year

9

(38,132

)

(58,562

)

PROVISIONS FOR LIABILITIES (31,353 ) (25,391 )
NET ASSETS 31,272 46,736

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 31,172 46,636
SHAREHOLDERS' FUNDS 31,272 46,736

Yes Please Limited (Registered number: 05025137)

Balance Sheet - continued
31 March 2024


The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the Company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the Company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the Company.

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.

The financial statements were approved by the director and authorised for issue on 18 March 2025 and were signed by:





Mr J S Boparai - Director


Yes Please Limited (Registered number: 05025137)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Yes Please Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation and functional currency of the financial statements is the Pound Sterling (£).

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared on a going concern basis under the historical cost convention.

Significant judgements and estimates
The principal accounting policies and significant judgements and estimates applied in the preparation of these financial statements are set out below. These policies, judgements and estimates have been consistently applied to all years presented unless otherwise stated.

Turnover
Turnover represents amounts earned on goods and services provided during the year and derives from the provision of goods falling within the company's ordinary activities.Turnover is recognised at the point of providing the goods and services.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Patents - Straight line over 10 years

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - Over the life of the lease straight line
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost straight line

All fixed assets are initially recorded at cost.


Yes Please Limited (Registered number: 05025137)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. 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 or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

5. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2023
and 31 March 2024 13,740
AMORTISATION
At 1 April 2023
and 31 March 2024 1,145
NET BOOK VALUE
At 31 March 2024 12,595
At 31 March 2023 12,595

Yes Please Limited (Registered number: 05025137)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. TANGIBLE FIXED ASSETS
Freehold Long Plant and
property leasehold machinery
£    £    £   
COST
At 1 April 2023 87,174 244,615 472,754
Disposals - - -
At 31 March 2024 87,174 244,615 472,754
DEPRECIATION
At 1 April 2023 - 214,424 279,288
Charge for year - 5,211 29,017
Eliminated on disposal - - -
At 31 March 2024 - 219,635 308,305
NET BOOK VALUE
At 31 March 2024 87,174 24,980 164,449
At 31 March 2023 87,174 30,191 193,466

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023 6,848 3,463 814,854
Disposals - (3,463 ) (3,463 )
At 31 March 2024 6,848 - 811,391
DEPRECIATION
At 1 April 2023 6,096 3,463 503,271
Charge for year 188 - 34,416
Eliminated on disposal - (3,463 ) (3,463 )
At 31 March 2024 6,284 - 534,224
NET BOOK VALUE
At 31 March 2024 564 - 277,167
At 31 March 2023 752 - 311,583

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 10,333

Yes Please Limited (Registered number: 05025137)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 20,431 20,431
Trade creditors 120,771 115,654
Taxation and social security 33,905 37,267
Other creditors 14,000 30,578
189,107 203,930

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 38,132 58,562

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 years
by instalments 8,889 14,222
8,889 14,222

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100