YACHTS.CO INTERNATIONAL LTD

Company Registration Number:
06334549 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

YACHTS.CO INTERNATIONAL LTD

Contents of the Financial Statements

for the Period Ended 31 August 2024

Balance sheet
Notes

YACHTS.CO INTERNATIONAL LTD

Balance sheet

As at 31 August 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 65,558 66,217
Total fixed assets: 65,558 66,217
Current assets
Stocks: 625,143 728,400
Debtors:   766,495 737,452
Cash at bank and in hand: 1,033,509 543,641
Total current assets: 2,425,147 2,009,493
Creditors: amounts falling due within one year:   (1,502,644) (1,195,672)
Net current assets (liabilities): 922,503 813,821
Total assets less current liabilities: 988,061 880,038
Provision for liabilities: (849) (4,967)
Total net assets (liabilities): 987,212 875,071
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 987,112 874,971
Shareholders funds: 987,212 875,071

The notes form part of these financial statements

YACHTS.CO INTERNATIONAL LTD

Balance sheet statements

For the year ending 31 August 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 21 May 2025
and signed on behalf of the board by:

Name: J Tibbott
Status: Director

The notes form part of these financial statements

YACHTS.CO INTERNATIONAL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

YACHTS.CO INTERNATIONAL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

2. Employees

2024 2023
Average number of employees during the period 8 8

YACHTS.CO INTERNATIONAL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible Assets

Total
Cost £
At 01 September 2023 221,579
Additions 14,694
At 31 August 2024 236,273
Depreciation
At 01 September 2023 155,362
Charge for year 15,353
At 31 August 2024 170,715
Net book value
At 31 August 2024 65,558
At 31 August 2023 66,217

YACHTS.CO INTERNATIONAL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Related party transactions

Name of the related party: Euroyachts (Newco) Ltd
Relationship:
Director
Description of the Transaction: Interest free loan with no fixed term of repayment
£
Balance at 01 September 2023 174,010
Balance at 31 August 2024 174,010