Company Registration No. 11687068 (England and Wales)
Yuron Ltd
Unaudited accounts
for the year ended 29 September 2024
Yuron Ltd
Unaudited accounts
Contents
Yuron Ltd
Company Information
for the year ended 29 September 2024
Company Number
11687068 (England and Wales)
Registered Office
55a Princes Crescent
Morecambe
Lancashire
LA4 6BY
England
Accountants
SARA JANE DOBSON
23 DALLAM AVENUE
MORECAMBE
LANCASHIRE
LA4 5BB
Yuron Ltd
Statement of financial position
as at 29 September 2024
Tangible assets
19,782
20,786
Cash at bank and in hand
6,316
-
Creditors: amounts falling due within one year
(22,422)
(42,939)
Net current liabilities
(16,106)
(41,374)
Total assets less current liabilities
3,676
(20,588)
Creditors: amounts falling due after more than one year
(13,537)
(13,537)
Net liabilities
(9,861)
(34,125)
Called up share capital
150
150
Profit and loss account
(10,011)
(34,275)
Shareholders' funds
(9,861)
(34,125)
For the year ending 29 September 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 June 2025 and were signed on its behalf by
ROBERT PRICE
Director
Company Registration No. 11687068
Yuron Ltd
Notes to the Accounts
for the year ended 29 September 2024
Yuron Ltd is a private company, limited by shares, registered in England and Wales, registration number 11687068. The registered office is 55a Princes Crescent, Morecambe, Lancashire, LA4 6BY, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
These financial statements have been prepared in accordance with the FRS102 '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.
At the time of approving the financial statements, the director has reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% RB
Yuron Ltd
Notes to the Accounts
for the year ended 29 September 2024
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 its financial instruments.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction costs and subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at market rate of interest. Financial assets classified as receivable within one year are not amortised.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 30 September 2023
12,461
10,041
22,502
At 29 September 2024
12,461
10,041
22,502
At 30 September 2023
-
1,716
1,716
Charge for the year
-
1,004
1,004
At 29 September 2024
-
2,720
2,720
At 29 September 2024
12,461
7,321
19,782
At 29 September 2023
12,461
8,325
20,786
Amounts falling due within one year
Yuron Ltd
Notes to the Accounts
for the year ended 29 September 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
3,819
10,676
Taxes and social security
1,413
10,663
Loans from directors
16,740
18,529
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).