YOUNG BLACK PSYCH LTD

Company Registration Number:
12949657 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 01 November 2023

End date: 31 October 2024

YOUNG BLACK PSYCH LTD

Contents of the Financial Statements

for the Period Ended 31 October 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

YOUNG BLACK PSYCH LTD

Company Information

for the Period Ended 31 October 2024




Director: Shyaam Bundy
Registered office: 25a
Pelham Road
London
England
E18 1PX
Company Registration Number: 12949657 (England and Wales)

YOUNG BLACK PSYCH LTD

Balance sheet

As at 31 October 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 0 0
Tangible assets: 5 65 65
Total fixed assets: 65 65
Current assets
Stocks: 0 0
Debtors: 6 655 658
Cash at bank and in hand: 167 594
Total current assets: 822 1,252
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 7 ( 0 ) ( 0 )
Net current assets (liabilities): 822 1,252
Total assets less current liabilities: 887 1,317
Creditors: amounts falling due after more than one year: 8 ( 0 ) ( 0 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 887 1,317

The notes form part of these financial statements

YOUNG BLACK PSYCH LTD

Balance sheet continued

As at 31 October 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Revaluation reserve: 9 0 0
Profit and loss account: 886 1,316
Shareholders funds: 887 1,317

For the year ending 31 October 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 24 July 2025
And Signed On Behalf Of The Board By:

Name: Shyaam Bundy
Status: Director

The notes form part of these financial statements

YOUNG BLACK PSYCH LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover represents amounts receivable for goods and services net of VAT and trade discounts according to the information available to us on Xero.

YOUNG BLACK PSYCH LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

YOUNG BLACK PSYCH LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 3. Off balance sheet disclosure

    No

YOUNG BLACK PSYCH LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Intangible assets

Other Total
Cost £ £
At 01 November 2023 - -
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 October 2024 - -
Amortisation
Amortisation at 01 November 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 31 October 2024 - -
Net book value
Net book value at 31 October 2024 - -
Net book value at 31 October 2023 - -

None

YOUNG BLACK PSYCH LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Tangible assets

Office equipment Total
Cost £ £
At 01 November 2023 65 65
Additions 0 0
Disposals ( 0 ) ( 0 )
Revaluations 0 0
Transfers 0 0
At 31 October 2024 65 65
Depreciation
At 01 November 2023 0 0
Charge for year 0 0
On disposals ( 0 ) ( 0 )
Other adjustments 0 0
At 31 October 2024 0 0
Net book value
At 31 October 2024 65 65
At 31 October 2023 65 65

YOUNG BLACK PSYCH LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

6. Debtors


2024
£

2023
£
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 655 658
Total 655 658
Debtors due after more than one year: 655 658

YOUNG BLACK PSYCH LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

7.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 0 0
Total 0 0

YOUNG BLACK PSYCH LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

8.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 0 0
Total 0 0

not applicable

YOUNG BLACK PSYCH LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

9. Revaluation reserve


2024
£
Balance at 01 November 2023 0
Surplus or deficit after revaluation 0
Balance at 31 October 2024 0