Silverfin false false 31/01/2025 01/02/2024 31/01/2025 Z K Horti 11/01/2019 24 March 2025 The principal activity of the Company during the financial year was a yachting crew agency. 11762807 2025-01-31 11762807 bus:Director1 2025-01-31 11762807 2024-01-31 11762807 core:CurrentFinancialInstruments 2025-01-31 11762807 core:CurrentFinancialInstruments 2024-01-31 11762807 core:ShareCapital 2025-01-31 11762807 core:ShareCapital 2024-01-31 11762807 core:RetainedEarningsAccumulatedLosses 2025-01-31 11762807 core:RetainedEarningsAccumulatedLosses 2024-01-31 11762807 core:OfficeEquipment 2024-01-31 11762807 core:OfficeEquipment 2025-01-31 11762807 2024-02-01 2025-01-31 11762807 bus:FilletedAccounts 2024-02-01 2025-01-31 11762807 bus:SmallEntities 2024-02-01 2025-01-31 11762807 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 11762807 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 11762807 bus:Director1 2024-02-01 2025-01-31 11762807 core:OfficeEquipment 2024-02-01 2025-01-31 11762807 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Company No: 11762807 (England and Wales)

A-Z YACHTING LTD

Unaudited Financial Statements
For the financial year ended 31 January 2025
Pages for filing with the registrar

A-Z YACHTING LTD

Unaudited Financial Statements

For the financial year ended 31 January 2025

Contents

A-Z YACHTING LTD

BALANCE SHEET

As at 31 January 2025
A-Z YACHTING LTD

BALANCE SHEET (continued)

As at 31 January 2025
Note 2025 2024
£ £
Fixed assets
Tangible assets 3 10,608 12,906
10,608 12,906
Current assets
Debtors 4 8,521 2,756
Cash at bank and in hand 15,733 43,691
24,254 46,447
Creditors: amounts falling due within one year 5 ( 20,001) ( 48,943)
Net current assets/(liabilities) 4,253 (2,496)
Total assets less current liabilities 14,861 10,410
Net assets 14,861 10,410
Capital and reserves
Called-up share capital 1 1
Profit and loss account 14,860 10,409
Total shareholder's funds 14,861 10,410

For the financial year ending 31 January 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of A-Z Yachting Ltd (registered number: 11762807) were approved and authorised for issue by the Director on 24 March 2025. They were signed on its behalf by:

Z K Horti
Director
A-Z YACHTING LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 2025
A-Z YACHTING LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 2025
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

A-Z Yachting Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Office equipment 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

2025 2024
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Tangible assets

Office equipment Total
£ £
Cost
At 01 February 2024 22,354 22,354
Additions 3,741 3,741
Disposals ( 8,990) ( 8,990)
At 31 January 2025 17,105 17,105
Accumulated depreciation
At 01 February 2024 9,448 9,448
Charge for the financial year 2,819 2,819
Disposals ( 5,770) ( 5,770)
At 31 January 2025 6,497 6,497
Net book value
At 31 January 2025 10,608 10,608
At 31 January 2024 12,906 12,906

4. Debtors

2025 2024
£ £
Trade debtors 5,893 580
Other debtors 2,628 2,176
8,521 2,756

5. Creditors: amounts falling due within one year

2025 2024
£ £
Taxation and social security 2,013 635
Other creditors 17,988 48,308
20,001 48,943