IRIS Accounts Production v25.1.3.33 09758618 director 1.10.23 30.9.24 30.9.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh097586182023-09-30097586182024-09-30097586182023-10-012024-09-30097586182022-09-30097586182022-10-012023-09-30097586182023-09-3009758618ns15:EnglandWales2023-10-012024-09-3009758618ns14:PoundSterling2023-10-012024-09-3009758618ns10:Director12023-10-012024-09-3009758618ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3009758618ns10:SmallEntities2023-10-012024-09-3009758618ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3009758618ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3009758618ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3009758618ns10:FullAccounts2023-10-012024-09-3009758618ns10:RegisteredOffice2023-10-012024-09-3009758618ns5:CurrentFinancialInstruments2024-09-3009758618ns5:CurrentFinancialInstruments2023-09-3009758618ns5:Non-currentFinancialInstruments2024-09-3009758618ns5:Non-currentFinancialInstruments2023-09-3009758618ns5:ShareCapital2024-09-3009758618ns5:ShareCapital2023-09-3009758618ns5:RetainedEarningsAccumulatedLosses2024-09-3009758618ns5:RetainedEarningsAccumulatedLosses2023-09-3009758618ns5:PlantMachinery2023-10-012024-09-3009758618ns5:FurnitureFittings2023-10-012024-09-3009758618ns5:ComputerEquipment2023-10-012024-09-3009758618ns5:LandBuildings2023-09-3009758618ns5:PlantMachinery2023-09-3009758618ns5:FurnitureFittings2023-09-3009758618ns5:ComputerEquipment2023-09-3009758618ns5:LandBuildings2023-10-012024-09-3009758618ns5:LandBuildings2024-09-3009758618ns5:PlantMachinery2024-09-3009758618ns5:FurnitureFittings2024-09-3009758618ns5:ComputerEquipment2024-09-3009758618ns5:LandBuildings2023-09-3009758618ns5:PlantMachinery2023-09-3009758618ns5:FurnitureFittings2023-09-3009758618ns5:ComputerEquipment2023-09-3009758618ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-09-3009758618ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-09-3009758618ns5:RetainedEarningsAccumulatedLosses2023-09-3009758618ns5:RetainedEarningsAccumulatedLosses2023-10-012024-09-30
REGISTERED NUMBER: 09758618 (England and Wales)










Financial Statements

for the Year Ended 30 September 2024

for

Yamas (NE) Ltd

Yamas (NE) Ltd (Registered number: 09758618)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Yamas (NE) Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTOR: D Stamatelopoulos





REGISTERED OFFICE: 8 Bigg Market
Newcastle Upon Tyne
Tyne and Wear
NE1 1UW





REGISTERED NUMBER: 09758618 (England and Wales)





ACCOUNTANTS: SKS Bailey Group Limited
52-56 Coatsworth Road
Gateshead
NE8 1QN

Yamas (NE) Ltd (Registered number: 09758618)

Balance Sheet
30 September 2024

2024 2023
Notes £    £   
Fixed assets
Tangible assets 3 995,871 985,242

Current assets
Stocks 14,250 11,150
Cash at bank and in hand 156,304 224,816
170,554 235,966
Creditors
Amounts falling due within one year 4 (199,718 ) (123,149 )
Net current (liabilities)/assets (29,164 ) 112,817
Total assets less current liabilities 966,707 1,098,059

Creditors
Amounts falling due after more than one
year

5

(155,070

)

(349,836

)
Net assets 811,637 748,223

Capital and reserves
Called up share capital 10 10
Retained earnings 6 811,627 748,213
811,637 748,223

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 June 2025 and were signed by:



D Stamatelopoulos - Director


Yamas (NE) Ltd (Registered number: 09758618)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. 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 historical cost convention.

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.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33.33% on cost

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 38 (2023 - 36 ) .

Yamas (NE) Ltd (Registered number: 09758618)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

3. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 October 2023 937,838 74,787 - - 1,012,625
Additions 9,275 2,326 5,421 1,669 18,691
At 30 September 2024 947,113 77,113 5,421 1,669 1,031,316
DEPRECIATION
At 1 October 2023 - 27,383 - - 27,383
Charge for year - 7,358 382 322 8,062
At 30 September 2024 - 34,741 382 322 35,445
NET BOOK VALUE
At 30 September 2024 947,113 42,372 5,039 1,347 995,871
At 30 September 2023 937,838 47,404 - - 985,242

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors - 7,341
Corporation tax 70,950 19,938
Social security and other tax 8,960 11,569
Pension Liability 1,188 462
VAT 79,429 73,839
Other creditors 29,191 -
199,718 123,149

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 2-5 years 6,667 16,667
Bank Loan more than 5 year 148,403 307,097
Fund circle loan - 26,072
155,070 349,836

6. RESERVES
Retained
earnings
£   

At 1 October 2023 748,213
Profit for the year 223,414
Dividends (160,000 )
At 30 September 2024 811,627