2023-07-012024-09-302024-09-30false14186241YELLO XYZ LTD2025-04-0962090falseiso4217:GBPxbrli:pure141862412023-07-01141862412024-09-30141862412023-07-012024-09-30141862412022-06-21141862412023-06-30141862412022-06-212023-06-3014186241bus:SmallEntities2023-07-012024-09-3014186241bus:AuditExempt-NoAccountantsReport2023-07-012024-09-3014186241bus:FullAccounts2023-07-012024-09-3014186241bus:PrivateLimitedCompanyLtd2023-07-012024-09-3014186241core:WithinOneYear2024-09-3014186241core:AfterOneYear2024-09-3014186241core:WithinOneYear2023-06-3014186241core:AfterOneYear2023-06-3014186241core:ShareCapital2024-09-3014186241core:SharePremium2024-09-3014186241core:RevaluationReserve2024-09-3014186241core:OtherReservesSubtotal2024-09-3014186241core:RetainedEarningsAccumulatedLosses2024-09-3014186241core:ShareCapital2023-06-3014186241core:SharePremium2023-06-3014186241core:RevaluationReserve2023-06-3014186241core:OtherReservesSubtotal2023-06-3014186241core:RetainedEarningsAccumulatedLosses2023-06-3014186241core:LandBuildings2024-09-3014186241core:PlantMachinery2024-09-3014186241core:Vehicles2024-09-3014186241core:FurnitureFittings2024-09-3014186241core:OfficeEquipment2024-09-3014186241core:NetGoodwill2024-09-3014186241core:IntangibleAssetsOtherThanGoodwill2024-09-3014186241core:ListedExchangeTraded2024-09-3014186241core:UnlistedNon-exchangeTraded2024-09-3014186241core:LandBuildings2023-06-3014186241core:PlantMachinery2023-06-3014186241core:Vehicles2023-06-3014186241core:FurnitureFittings2023-06-3014186241core:OfficeEquipment2023-06-3014186241core:NetGoodwill2023-06-3014186241core:IntangibleAssetsOtherThanGoodwill2023-06-3014186241core:ListedExchangeTraded2023-06-3014186241core:UnlistedNon-exchangeTraded2023-06-3014186241core:LandBuildings2023-07-012024-09-3014186241core:PlantMachinery2023-07-012024-09-3014186241core:Vehicles2023-07-012024-09-3014186241core:FurnitureFittings2023-07-012024-09-3014186241core:OfficeEquipment2023-07-012024-09-3014186241core:NetGoodwill2023-07-012024-09-3014186241core:IntangibleAssetsOtherThanGoodwill2023-07-012024-09-3014186241core:ListedExchangeTraded2023-07-012024-09-3014186241core:UnlistedNon-exchangeTraded2023-07-012024-09-3014186241core:MoreThanFiveYears2023-07-012024-09-3014186241core:Non-currentFinancialInstruments2024-09-3014186241core:Non-currentFinancialInstruments2023-06-3014186241dpl:CostSales2023-07-012024-09-3014186241dpl:DistributionCosts2023-07-012024-09-3014186241core:LandBuildings2023-07-012024-09-3014186241core:PlantMachinery2023-07-012024-09-3014186241core:Vehicles2023-07-012024-09-3014186241core:FurnitureFittings2023-07-012024-09-3014186241core:OfficeEquipment2023-07-012024-09-3014186241dpl:AdministrativeExpenses2023-07-012024-09-3014186241core:NetGoodwill2023-07-012024-09-3014186241core:IntangibleAssetsOtherThanGoodwill2023-07-012024-09-3014186241dpl:GroupUndertakings2023-07-012024-09-3014186241dpl:ParticipatingInterests2023-07-012024-09-3014186241dpl:GroupUndertakingscore:ListedExchangeTraded2023-07-012024-09-3014186241core:ListedExchangeTraded2023-07-012024-09-3014186241dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-07-012024-09-3014186241core:UnlistedNon-exchangeTraded2023-07-012024-09-3014186241dpl:CostSales2022-06-212023-06-3014186241dpl:DistributionCosts2022-06-212023-06-3014186241core:LandBuildings2022-06-212023-06-3014186241core:PlantMachinery2022-06-212023-06-3014186241core:Vehicles2022-06-212023-06-3014186241core:FurnitureFittings2022-06-212023-06-3014186241core:OfficeEquipment2022-06-212023-06-3014186241dpl:AdministrativeExpenses2022-06-212023-06-3014186241core:NetGoodwill2022-06-212023-06-3014186241core:IntangibleAssetsOtherThanGoodwill2022-06-212023-06-3014186241dpl:GroupUndertakings2022-06-212023-06-3014186241dpl:ParticipatingInterests2022-06-212023-06-3014186241dpl:GroupUndertakingscore:ListedExchangeTraded2022-06-212023-06-3014186241core:ListedExchangeTraded2022-06-212023-06-3014186241dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-06-212023-06-3014186241core:UnlistedNon-exchangeTraded2022-06-212023-06-3014186241core:NetGoodwill2024-09-3014186241core:IntangibleAssetsOtherThanGoodwill2024-09-3014186241core:LandBuildings2024-09-3014186241core:PlantMachinery2024-09-3014186241core:Vehicles2024-09-3014186241core:FurnitureFittings2024-09-3014186241core:OfficeEquipment2024-09-3014186241core:AfterOneYear2024-09-3014186241core:WithinOneYear2024-09-3014186241core:ListedExchangeTraded2024-09-3014186241core:UnlistedNon-exchangeTraded2024-09-3014186241core:ShareCapital2024-09-3014186241core:SharePremium2024-09-3014186241core:RevaluationReserve2024-09-3014186241core:OtherReservesSubtotal2024-09-3014186241core:RetainedEarningsAccumulatedLosses2024-09-3014186241core:NetGoodwill2023-06-3014186241core:IntangibleAssetsOtherThanGoodwill2023-06-3014186241core:LandBuildings2023-06-3014186241core:PlantMachinery2023-06-3014186241core:Vehicles2023-06-3014186241core:FurnitureFittings2023-06-3014186241core:OfficeEquipment2023-06-3014186241core:AfterOneYear2023-06-3014186241core:WithinOneYear2023-06-3014186241core:ListedExchangeTraded2023-06-3014186241core:UnlistedNon-exchangeTraded2023-06-3014186241core:ShareCapital2023-06-3014186241core:SharePremium2023-06-3014186241core:RevaluationReserve2023-06-3014186241core:OtherReservesSubtotal2023-06-3014186241core:RetainedEarningsAccumulatedLosses2023-06-3014186241core:NetGoodwill2022-06-2114186241core:IntangibleAssetsOtherThanGoodwill2022-06-2114186241core:LandBuildings2022-06-2114186241core:PlantMachinery2022-06-2114186241core:Vehicles2022-06-2114186241core:FurnitureFittings2022-06-2114186241core:OfficeEquipment2022-06-2114186241core:AfterOneYear2022-06-2114186241core:WithinOneYear2022-06-2114186241core:ListedExchangeTraded2022-06-2114186241core:UnlistedNon-exchangeTraded2022-06-2114186241core:ShareCapital2022-06-2114186241core:SharePremium2022-06-2114186241core:RevaluationReserve2022-06-2114186241core:OtherReservesSubtotal2022-06-2114186241core:RetainedEarningsAccumulatedLosses2022-06-2114186241core:AfterOneYear2023-07-012024-09-3014186241core:WithinOneYear2023-07-012024-09-3014186241core:Non-currentFinancialInstrumentscore:CostValuation2023-07-012024-09-3014186241core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-07-012024-09-3014186241core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-07-012024-09-3014186241core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-07-012024-09-3014186241core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-07-012024-09-3014186241core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-07-012024-09-3014186241core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-07-012024-09-3014186241core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-07-012024-09-3014186241core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-07-012024-09-3014186241core:Non-currentFinancialInstrumentscore:CostValuation2024-09-3014186241core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-09-3014186241core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-09-3014186241core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-09-3014186241core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-09-3014186241core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-09-3014186241core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-09-3014186241core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-09-3014186241core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-09-3014186241core:Non-currentFinancialInstrumentscore:CostValuation2023-06-3014186241core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-06-3014186241core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-06-3014186241core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-06-3014186241core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-06-3014186241core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-06-3014186241core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-06-3014186241core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-06-3014186241core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-06-3014186241bus:Director12023-07-012024-09-3014186241bus:Director22023-07-012024-09-30

YELLO XYZ LTD

Registered Number
14186241
(England and Wales)

Unaudited Financial Statements for the Period ended
30 September 2024

YELLO XYZ LTD
Company Information
for the period from 1 July 2023 to 30 September 2024

Directors

SLATER, Michael Edward
VERLINDE, Hannes Luc H

Company Secretary

OHS SECRETARIES LIMITED

Registered Address

9th Floor 107 Cheapside
London
EC2V 6DN

Registered Number

14186241 (England and Wales)
YELLO XYZ LTD
Balance Sheet as at
30 September 2024

Notes

30 Sep 2024

30 Jun 2023

£

£

£

£

Fixed assets
Tangible assets34,8545,870
4,8545,870
Current assets
Debtors415,318116,450
Cash at bank and on hand34,0202,023,643
49,3382,140,093
Creditors amounts falling due within one year5(8,771)(8,807)
Net current assets (liabilities)40,5672,131,286
Total assets less current liabilities45,4212,137,156
Net assets45,4212,137,156
Capital and reserves
Called up share capital302302
Share premium-83,680
Other reserves971,2992,398,970
Profit and loss account(926,180)(345,796)
Shareholders' funds45,4212,137,156
The financial statements were approved and authorised for issue by the Board of Directors on 9 April 2025, and are signed on its behalf by:
SLATER, Michael Edward
Director
Registered Company No. 14186241
YELLO XYZ LTD
Notes to the Financial Statements
for the period ended 30 September 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Going concern
The director has assessed the company’s ability to continue as a going concern and has determined that, as he intends to strike off the company after the reporting date, it is not appropriate to continue to prepare the financial statements of the company on a going concern basis. The financial statements have therefore been prepared on a basis other than going concern. In relation to the company’s balance sheet, all assets are stated at their recoverable amounts, all assets and liabilities are presented as current.
Turnover policy
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 rendering of services.
Defined contribution pension plan
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the income statement in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Office Equipment4
2.Average number of employees

20242023
Average number of employees during the year23
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 July 237,9147,914
Additions1,9991,999
At 30 September 249,9139,913
Depreciation and impairment
At 01 July 232,0442,044
Charge for year3,0153,015
At 30 September 245,0595,059
Net book value
At 30 September 244,8544,854
At 30 June 235,8705,870
4.Debtors: amounts due within one year

2024

2023

££
Other debtors15,318115,200
Prepayments and accrued income-1,250
Total15,318116,450
5.Creditors: amounts due within one year

2024

2023

££
Other creditors8,7718,807
Total8,7718,807
Included in Other Creditors, Advanced Subscription Agreements totaling £8,033 which will be repaid within 12 months after 30 September 2024.
6.Further information regarding the company's financial position
On 15 July 2024, a resolution was passed to cancel the Share Premium £83,680 credited to a reserve, as part of the proposed return of funds to investors. Included in other reserves are Simple Agreements for Advanced Subscription Agreements ('ASA's') totaling £887,619 (2023: £2,398,970). The ASA's were terminated on 3 September 2024 and funds were returned to shareholders.