23 28 YSS Solutions Limited 09939340 false 2024-02-01 2025-01-31 2025-01-31 The principal activity of the company is construction industry support services. Digita Accounts Production Advanced 6.30.9574.0 true true 09939340 2024-02-01 2025-01-31 09939340 2025-01-31 09939340 bus:OrdinaryShareClass1 2025-01-31 09939340 core:HirePurchaseContracts core:CurrentFinancialInstruments 2025-01-31 09939340 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2025-01-31 09939340 core:CurrentFinancialInstruments 2025-01-31 09939340 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-31 09939340 core:Non-currentFinancialInstruments 2025-01-31 09939340 core:Non-currentFinancialInstruments core:AfterOneYear 2025-01-31 09939340 core:FurnitureFittingsToolsEquipment 2025-01-31 09939340 core:MotorVehicles 2025-01-31 09939340 core:OtherRelatedParties 2025-01-31 09939340 bus:SmallEntities 2024-02-01 2025-01-31 09939340 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 09939340 bus:FilletedAccounts 2024-02-01 2025-01-31 09939340 bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 09939340 bus:RegisteredOffice 2024-02-01 2025-01-31 09939340 bus:Director1 2024-02-01 2025-01-31 09939340 bus:OrdinaryShareClass1 2024-02-01 2025-01-31 09939340 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 09939340 core:ComputerEquipment 2024-02-01 2025-01-31 09939340 core:FurnitureFittingsToolsEquipment 2024-02-01 2025-01-31 09939340 core:MotorVehicles 2024-02-01 2025-01-31 09939340 core:PlantMachinery 2024-02-01 2025-01-31 09939340 core:OtherRelatedParties 2024-02-01 2025-01-31 09939340 countries:England 2024-02-01 2025-01-31 09939340 2024-01-31 09939340 core:FurnitureFittingsToolsEquipment 2024-01-31 09939340 core:MotorVehicles 2024-01-31 09939340 core:OtherRelatedParties 2024-01-31 09939340 2023-02-01 2024-01-31 09939340 2024-01-31 09939340 bus:OrdinaryShareClass1 2024-01-31 09939340 core:HirePurchaseContracts core:CurrentFinancialInstruments 2024-01-31 09939340 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2024-01-31 09939340 core:CurrentFinancialInstruments 2024-01-31 09939340 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 09939340 core:Non-currentFinancialInstruments 2024-01-31 09939340 core:Non-currentFinancialInstruments core:AfterOneYear 2024-01-31 09939340 core:FurnitureFittingsToolsEquipment 2024-01-31 09939340 core:MotorVehicles 2024-01-31 09939340 core:OtherRelatedParties 2024-01-31 09939340 core:OtherRelatedParties 2023-02-01 2024-01-31 09939340 2023-01-31 09939340 core:OtherRelatedParties 2023-01-31 xbrli:pure iso4217:GBP xbrli:shares

Registration number: 09939340

YSS Solutions Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 January 2025

 

YSS Solutions Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 8

 

YSS Solutions Limited

(Registration number: 09939340)
Balance Sheet as at 31 January 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

4

60,270

64,796

Current assets

 

Debtors

5

235,698

158,869

Cash at bank and in hand

 

62,917

69,101

 

298,615

227,970

Creditors: Amounts falling due within one year

6

(183,261)

(147,759)

Net current assets

 

115,354

80,211

Total assets less current liabilities

 

175,624

145,007

Creditors: Amounts falling due after more than one year

6

(35,771)

(47,046)

Provisions for liabilities

(16,199)

(16,199)

Net assets

 

123,654

81,762

Capital and reserves

 

Called up share capital

7

101

101

Retained earnings

123,553

81,661

Shareholders' funds

 

123,654

81,762

For the financial year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 30 June 2025 and signed on its behalf by:
 

.........................................
Mr DP Huzzard
Director

 

YSS Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Paddock View
Spen Lane
Holme-on-Spalding-Moor
York
England
YO43 4AQ
England and Wales

These financial statements were authorised for issue by the Board on 30 June 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

YSS Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Motor vehicles

25% on cost

Plant and machinery

25% on cost

Computer equipment

25% on cost

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

YSS Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

 

YSS Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 23 (2024 - 28).

 

YSS Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 February 2024

4,864

130,269

135,133

Additions

-

25,018

25,018

At 31 January 2025

4,864

155,287

160,151

Depreciation

At 1 February 2024

4,033

66,304

70,337

Charge for the year

475

29,069

29,544

At 31 January 2025

4,508

95,373

99,881

Carrying amount

At 31 January 2025

356

59,914

60,270

At 31 January 2024

831

63,965

64,796

5

Debtors

Current

Note

2025
£

2024
£

Trade debtors

 

107,684

80,360

Amounts owed by related parties

9

19,406

13,089

Prepayments

 

2,655

1,935

Other debtors

 

105,953

63,485

   

235,698

158,869

 

YSS Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

6

Creditors

Creditors: amounts falling due within one year

Note

2025
£

2024
£

Due within one year

 

Loans and borrowings

8

30,943

33,671

Trade creditors

 

4,817

5,598

Taxation and social security

 

144,154

92,521

Accruals and deferred income

 

-

13,194

Other creditors

 

3,347

2,775

 

183,261

147,759


Creditors include net obligations under hire purchase contracts which are secured of £22,094 (2024 - £24,822).

Creditors include unsecured bank loans of £8,849 (2024 - £8,849).

Creditors: amounts falling due after more than one year

Note

2025
£

2024
£

Due after one year

 

Loans and borrowings

8

35,771

47,046


Creditors include net obligations under hire purchase contracts which are secured of £27,910 (2024 - £31,229).

Creditors include unsecured bank loans of £7,861 (2024 - £15,817).

7

Share capital

Allotted, called up and fully paid shares

2025

2024

No.

£

No.

£

Ordinary of £1 each

100

100

100

100

       
 

YSS Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

8

Loans and borrowings

Non-current loans and borrowings

2025
£

2024
£

Bank borrowings

7,861

15,817

Hire purchase contracts

27,910

31,229

35,771

47,046

Current loans and borrowings

2025
£

2024
£

Bank borrowings

8,849

8,849

Hire purchase contracts

22,094

24,822

30,943

33,671

9

Related party transactions

Summary of transactions with other related parties

Huzzard Blocks Ltd is a company registered in England number 13152363.
Mr DP Huzzard, a director and shareholder, is a director and shareholder of Huzzard Blocks Ltd.
The company made a loan to Huzzard Blocks Ltd during the year that is repayable on demand. Interest has not been charged on the loan.

Loans to related parties

2025

Other related parties
£

Total
£

At start of period

13,089

13,089

Advanced

6,317

6,317

At end of period

19,406

19,406

2024

Other related parties
£

Total
£

At start of period

19,215

19,215

Repaid

(6,126)

(6,126)

At end of period

13,089

13,089