Acorah Software Products - Accounts Production 16.3.350 false true 31 August 2023 2 August 2022 false 1 September 2023 31 August 2024 31 August 2024 14269843 Ms R HU iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14269843 2023-08-31 14269843 2024-08-31 14269843 2023-09-01 2024-08-31 14269843 frs-core:CurrentFinancialInstruments 2024-08-31 14269843 frs-core:Non-currentFinancialInstruments 2024-08-31 14269843 frs-core:FurnitureFittings 2024-08-31 14269843 frs-core:FurnitureFittings 2023-09-01 2024-08-31 14269843 frs-core:FurnitureFittings 2023-08-31 14269843 frs-core:MotorVehicles 2024-08-31 14269843 frs-core:MotorVehicles 2023-09-01 2024-08-31 14269843 frs-core:MotorVehicles 2023-08-31 14269843 frs-core:PlantMachinery 2024-08-31 14269843 frs-core:PlantMachinery 2023-09-01 2024-08-31 14269843 frs-core:PlantMachinery 2023-08-31 14269843 frs-core:ShareCapital 2024-08-31 14269843 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 14269843 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 14269843 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 14269843 frs-bus:SmallEntities 2023-09-01 2024-08-31 14269843 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 14269843 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 14269843 frs-bus:Director1 2023-09-01 2024-08-31 14269843 frs-countries:EnglandWales 2023-09-01 2024-08-31 14269843 2022-08-01 14269843 2023-08-31 14269843 2022-08-02 2023-08-31 14269843 frs-core:CurrentFinancialInstruments 2023-08-31 14269843 frs-core:Non-currentFinancialInstruments 2023-08-31 14269843 frs-core:ShareCapital 2023-08-31 14269843 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 14269843
Ycfy Leeds Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
Overpaidtax Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14269843
31 August 2024 31 August 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 203,103 144,641
203,103 144,641
CURRENT ASSETS
Stocks 5 6,000 5,035
Debtors 6 - 14,882
Cash at bank and in hand 70,425 28,398
76,425 48,315
Creditors: Amounts Falling Due Within One Year 7 (190,249 ) (111,737 )
NET CURRENT ASSETS (LIABILITIES) (113,824 ) (63,422 )
TOTAL ASSETS LESS CURRENT LIABILITIES 89,279 81,219
Creditors: Amounts Falling Due After More Than One Year 8 (234,918 ) (164,248 )
NET LIABILITIES (145,639 ) (83,029 )
CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Profit and Loss Account (146,639 ) (84,029 )
SHAREHOLDERS' FUNDS (145,639) (83,029)
Page 1
Page 2
For the year ending 31 August 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Ms R HU
Director
15/05/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Ycfy Leeds Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14269843 . The registered office is 113 Vicar Lan, Leeds, LS1 6PJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% straight line
Motor Vehicles 25% remaining balance
Fixtures & Fittings 10% straight line
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 33 (2023: 18)
33 18
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 September 2023 21,398 - 142,880 164,278
Additions 14,950 72,968 - 87,918
As at 31 August 2024 36,348 72,968 142,880 252,196
Depreciation
As at 1 September 2023 5,349 - 14,288 19,637
Provided during the period 9,087 6,081 14,288 29,456
As at 31 August 2024 14,436 6,081 28,576 49,093
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 August 2024 21,912 66,887 114,304 203,103
As at 1 September 2023 16,049 - 128,592 144,641
5. Stocks
31 August 2024 31 August 2023
£ £
Materials 6,000 5,035
6. Debtors
31 August 2024 31 August 2023
£ £
Due within one year
Other debtors - 14,882
7. Creditors: Amounts Falling Due Within One Year
31 August 2024 31 August 2023
£ £
Trade creditors 94,535 72,704
Other loans 1 20,693 20,693
Other creditors 50,550 -
Taxation and social security 24,471 18,340
190,249 111,737
8. Creditors: Amounts Falling Due After More Than One Year
31 August 2024 31 August 2023
£ £
Other loans - Hang Won Hong Leeds Ltd 234,918 164,248
9. Share Capital
31 August 2024 31 August 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 4