Company registration number 14671308 (England and Wales)
YR COLOMBIA LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
PAGES FOR FILING WITH REGISTRAR
YR COLOMBIA LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
3 - 4
YR COLOMBIA LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
31 JANUARY 2025
31 January 2025
- 1 -
2025
2024
Notes
£
£
£
£
Current assets
Cash and cash equivalents
22,971
14,089
Current liabilities
3
(5,305)
(5,400)
Net current assets
17,666
8,689
Equity
Called up share capital
4
39,396
23,605
Retained earnings
(21,730)
(14,916)
Total equity
17,666
8,689
The directors of the company have elected not to include a copy of the income statement within the financial statements.true
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 28 May 2025 and are signed on its behalf by:
Mr David Charles Brunt
Director
Company registration number 14671308 (England and Wales)
YR COLOMBIA LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 JANUARY 2025
- 2 -
Share capital
Retained earnings
Total
Notes
£
£
£
Balance at 17 February 2023
-
Period ended 31 January 2024:
Loss and total comprehensive income
-
(14,916)
(14,916)
Issue of share capital
4
23,605
-
23,605
Balance at 31 January 2024
23,605
(14,916)
8,689
Year ended 31 January 2025:
Loss and total comprehensive income
-
(6,814)
(6,814)
Issue of share capital
4
15,791
-
15,791
Balance at 31 January 2025
39,396
(21,730)
17,666
YR COLOMBIA LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
- 3 -
1
Accounting policies
Company information
YR Colombia Limited is a private company limited by shares incorporated in England and Wales. The registered office is Amelia House, Crescent Road, Worthing, West Sussex, BN11 1QR.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future based on financial support from Yinson Renewables Pte Ltd, the main holding company heading the Yinson Renewables group of companies. Furthermore, the ultimate holding company, Yinson Holdings Berhad, has undertaken to provide continuing financial support so that the company is able to pay its debts as and when they fall due. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.true
1.3
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and deposits held at call with banks.
1.4
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Basic financial assets
Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including trade and other payables, loans from fellow group companies that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
1.5
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
YR COLOMBIA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
1
Accounting policies
(Continued)
- 4 -
1.6
Foreign exchange
Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.
2
Employees
The company had 0 employees during the current and prior period.
3
Current liabilities
2025
2024
£
£
Other payables
5,305
5,400
4
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of $1 each
50,000
30,000
39,396
23,605
The company allotted a further 20,000 ordinary shares with an aggregate nominal value of $20,000 during the year.
5
Audit report information
As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:
The auditor's report was unqualified.
Senior Statutory Auditor:
Christopher Reeves ACA FCCA
Statutory Auditor:
Sumer Audit
Date of audit report:
29 May 2025
Sumer Audit is the trading name of Sumer Auditco Limited
6
Parent company
The parent company is Yinson Renewables Pte. Ltd. which is incorporated in Singapore.
The ultimate parent is Yinson Holdings Berhad, a listed company incorporated in Malaysia who prepares consolidated financial statements which can be obtained from Level 16, Menara South Point, Mid Valley City, Medan Syed Putra Selatan, 59200 Kuala Lumpur.