Company registration number: 07436089
Unaudited financial statements
for the year ended 30 November 2024
for
Yellowbrand Ltd
Pages for filing with the Registrar
Company registration number: 07436089
Yellowbrand Ltd
Balance sheet
as at 30 November 2024
30 Nov 24 30 Nov 23
Note £ £ £ £
Fixed assets
Tangible assets 4 5,290 5,520
5,290 5,520
Current assets
Stocks 205 328
Debtors 690 1,445
Cash at bank and in hand 1,248 3,327
2,143 5,100
Creditors: amounts falling due within one
year
(13,575) (2,751)
Net current (liabilities)/assets (11,432) 2,349
Total assets less current liabilities (6,142) 7,869
NET (LIABILITIES)/ASSETS (6,142) 7,869
Capital and reserves
Called up share capital 1 1
Profit and loss account (6,143) 7,868
TOTAL EQUITY (6,142) 7,869
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 November 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: 07436089
Yellowbrand Ltd
Balance sheet - continued
as at 30 November 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 N Cowper, Director
29 April 2025
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Yellowbrand Ltd
Notes to the financial statements
for the year ended 30 November 2024
1 Company information
Yellowbrand Ltd is a private company registered in England and Wales. Its registered number is 07436089. The company is limited by shares. Its registered office is 4 Spur Road, Cosham, Portsmouth, Hampshire, PO6 3EB.
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.:
Plant and machinery - 20% reducing balance
Fixtures & fittings - 20% reducing balance
Motor vehicles - 20% reducing balance
Computer equipment - 20% reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
3 Average number of employees
During the year the average number of employees was 1 (2023 - 1).
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Yellowbrand Ltd
Notes to the financial statements - continued
for the year ended 30 November 2024
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 December 2023 18,995
Additions 495
At 30 November 2024 19,490
Depreciation
At 1 December 2023 13,475
Charge for year 725
At 30 November 2024 14,200
Net book value
At 30 November 2024 5,290
At 30 November 2023 5,520
If Office equipment had not been revalued, it would have been included at the following historical cost:
30 Nov 24 30 Nov 23
£ £
Cost 9,689 -
Accumulated depreciation 5,261 -
5 Advances, credit and guarantees granted to the director
The following advances and credits to a director subsisted during the periods ended 30 November 2024 and 30 November 2023.
30 Nov 24 30 Nov 23
£ £
Mr Nic Cowper
Balance outstanding at start of year 16,007 -
Amounts repaid (4,399) -
Balance outstanding at end of year 11,608 -
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