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REGISTERED NUMBER: 03315460 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

YSL VIDEOWALL HIRE LIMITED

YSL VIDEOWALL HIRE LIMITED (REGISTERED NUMBER: 03315460)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


YSL VIDEOWALL HIRE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2024







DIRECTORS: Mrs M Paskauskas
Ms N M Paskauskas





REGISTERED OFFICE: 11 Concorde Park
Clifton Moor
York
North Yorkshire
YO30 4WT





REGISTERED NUMBER: 03315460 (England and Wales)





ACCOUNTANTS: CGA
Chartered Certified Accountants
3 & 4 Park Court
Riccall Road
Escrick
York
North Yorkshire
YO19 6ED

YSL VIDEOWALL HIRE LIMITED (REGISTERED NUMBER: 03315460)

BALANCE SHEET
31ST DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,005,645 775,851

CURRENT ASSETS
Stocks 10,000 10,000
Debtors 5 267,194 427,838
Cash at bank 30,126 77,651
307,320 515,489
CREDITORS
Amounts falling due within one year 6 482,087 412,145
NET CURRENT (LIABILITIES)/ASSETS (174,767 ) 103,344
TOTAL ASSETS LESS CURRENT LIABILITIES 830,878 879,195

CREDITORS
Amounts falling due after more than one year 7 (157,935 ) (162,425 )

PROVISIONS FOR LIABILITIES (6,202 ) (6,211 )
NET ASSETS 666,741 710,559

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 666,641 710,459
SHAREHOLDERS' FUNDS 666,741 710,559

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

YSL VIDEOWALL HIRE LIMITED (REGISTERED NUMBER: 03315460)

BALANCE SHEET - continued
31ST DECEMBER 2024


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 Board of Directors and authorised for issue on 1st June 2025 and were signed on its behalf by:





Mrs M Paskauskas - Director


YSL VIDEOWALL HIRE LIMITED (REGISTERED NUMBER: 03315460)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024

1. STATUTORY INFORMATION

YSL Videowall Hire Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. 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.

Revenue is recognised when the service has been provided or the goods delivered to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on cost and 20% on reducing balance
Plant and machinery - 33% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

YSL VIDEOWALL HIRE LIMITED (REGISTERED NUMBER: 03315460)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1st January 2024 57,479 3,566,070 40,623
Additions - 666,686 2,666
At 31st December 2024 57,479 4,232,756 43,289
DEPRECIATION
At 1st January 2024 55,175 2,890,495 36,890
Charge for year 1,304 423,109 960
At 31st December 2024 56,479 3,313,604 37,850
NET BOOK VALUE
At 31st December 2024 1,000 919,152 5,439
At 31st December 2023 2,304 675,575 3,733

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1st January 2024 168,917 81,175 3,914,264
Additions 12,500 - 681,852
At 31st December 2024 181,417 81,175 4,596,116
DEPRECIATION
At 1st January 2024 96,162 59,691 3,138,413
Charge for year 21,314 5,371 452,058
At 31st December 2024 117,476 65,062 3,590,471
NET BOOK VALUE
At 31st December 2024 63,941 16,113 1,005,645
At 31st December 2023 72,755 21,484 775,851

YSL VIDEOWALL HIRE LIMITED (REGISTERED NUMBER: 03315460)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 40,793 121,681
Other debtors 226,401 306,157
267,194 427,838

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 83,636 83,636
Hire purchase contracts (see note 8) 24,353 -
Trade creditors 57,587 29,840
Taxation and social security 38,078 27,988
Other creditors 278,433 270,681
482,087 412,145

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 78,788 162,425
Hire purchase contracts (see note 8) 79,147 -
157,935 162,425

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase
contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 24,353 -
Between one and five years 79,147 -
103,500 -

Non-cancellable
operating leases
2024 2023
£    £   
Within one year 40,424 -
Between one and five years - 75,950
40,424 75,950

YSL VIDEOWALL HIRE LIMITED (REGISTERED NUMBER: 03315460)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024

9. SECURED DEBTS

Debenture
There is a charge dated 4th November 2013 with Santander UK plc. The chargee has a fixed and floating charge over the undertaking.

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year under review, members of key management personnel received loans from the company on which interest is charged. The loan is repayable on demand.

The company made advances totalling £52,795 (2023 - £100,401) and this was offset by credits totalling £85,556 (2023 - £115,805).

At the balance sheet date, the amount owed to the company was £136,555 (2023 - £169,316) and is included within other debtors.

11. RELATED PARTY DISCLOSURES

York Aparthotel Limited
At the balance sheet date, the company was owed £1,487 (2023 - owed £1,027) to the above company that the directors are also directors of. This is presented within other debtors (2023 - other creditors).