Company Registration No. 11713977 (England and Wales)
YOUNG HORIZONS LIMITED
Unaudited accounts
for the year ended 31 December 2024
YOUNG HORIZONS LIMITED
Unaudited accounts
Contents
YOUNG HORIZONS LIMITED
Company Information
for the year ended 31 December 2024
Director
Mohammed Zulfiqar
Company Number
11713977 (England and Wales)
Registered Office
356 Birchfield Lane
Oldbury
B69 1AE
Accountants
Muhammad Idrees
462 Dudley Road
BIRMINGHAM
B18 4HF
YOUNG HORIZONS LIMITED
Statement of financial position
as at 31 December 2024
Tangible assets
221,352
264,941
Cash at bank and in hand
5,413
16,570
Creditors: amounts falling due within one year
(62,582)
(79,624)
Net current liabilities
(57,169)
(63,054)
Net assets
164,183
201,887
Called up share capital
1
1
Profit and loss account
164,182
201,886
Shareholders' funds
164,183
201,887
For the year ending 31 December 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 13 August 2025 and were signed on its behalf by
Mohammed Zulfiqar
Director
Company Registration No. 11713977
YOUNG HORIZONS LIMITED
Notes to the Accounts
for the year ended 31 December 2024
YOUNG HORIZONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11713977. The registered office is 356 Birchfield Lane, Oldbury, B69 1AE.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Total
At 31 December 2024
310,051
Charge for the year
48,589
At 31 December 2024
88,699
At 31 December 2024
221,352
At 31 December 2023
264,941
5
Average number of employees
During the year the average number of employees was 24 (2023: 16).