IRIS Accounts Production v25.2.0.378 11078617 Board of Directors Board of Directors 1.12.23 30.11.24 30.11.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh110786172023-11-30110786172024-11-30110786172023-12-012024-11-30110786172022-11-30110786172022-12-012023-11-30110786172023-11-3011078617ns15:EnglandWales2023-12-012024-11-3011078617ns14:PoundSterling2023-12-012024-11-3011078617ns10:Director12023-12-012024-11-3011078617ns10:Director22023-12-012024-11-3011078617ns10:PrivateLimitedCompanyLtd2023-12-012024-11-3011078617ns10:SmallEntities2023-12-012024-11-3011078617ns10:AuditExempt-NoAccountantsReport2023-12-012024-11-3011078617ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-3011078617ns10:SmallCompaniesRegimeForAccounts2023-12-012024-11-3011078617ns10:FullAccounts2023-12-012024-11-3011078617ns10:RegisteredOffice2023-12-012024-11-3011078617ns5:CurrentFinancialInstruments2024-11-3011078617ns5:CurrentFinancialInstruments2023-11-3011078617ns5:Non-currentFinancialInstruments2024-11-3011078617ns5:Non-currentFinancialInstruments2023-11-3011078617ns5:ShareCapital2024-11-3011078617ns5:ShareCapital2023-11-3011078617ns5:RetainedEarningsAccumulatedLosses2024-11-3011078617ns5:RetainedEarningsAccumulatedLosses2023-11-3011078617ns5:PlantMachinery2023-12-012024-11-3011078617ns5:PlantMachinery2023-11-3011078617ns5:PlantMachinery2024-11-3011078617ns5:PlantMachinery2023-11-3011078617ns5:WithinOneYearns5:CurrentFinancialInstruments2024-11-3011078617ns5:WithinOneYearns5:CurrentFinancialInstruments2023-11-3011078617ns10:Director112023-11-3011078617ns10:Director112022-11-3011078617ns10:Director112023-12-012024-11-3011078617ns10:Director112022-12-012023-11-3011078617ns10:Director112024-11-3011078617ns10:Director112023-11-30110786172ns10:Director22023-11-30110786172ns10:Director22022-11-30110786172ns10:Director22023-12-012024-11-30110786172ns10:Director22022-12-012023-11-30110786172ns10:Director22024-11-30110786172ns10:Director22023-11-30
REGISTERED NUMBER: 11078617 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

YIP YAP TELECOMMUNICATIONS LTD

YIP YAP TELECOMMUNICATIONS LTD (REGISTERED NUMBER: 11078617)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


YIP YAP TELECOMMUNICATIONS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: H S Nagra
Miss R Banga





REGISTERED OFFICE: Admiral House
Waterfront East
Brierley Hill
West Midlands
DY5 1XG





REGISTERED NUMBER: 11078617 (England and Wales)





ACCOUNTANTS: Blackthorns
Chartered Accountants
Admiral House
Waterfront East
Brierley Hill
West Midlands
DY5 1XG

YIP YAP TELECOMMUNICATIONS LTD (REGISTERED NUMBER: 11078617)

BALANCE SHEET
30 NOVEMBER 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,083 4,083

CURRENT ASSETS
Debtors 5 298,885 165,213
Cash at bank 6,014 4,323
304,899 169,536
CREDITORS
Amounts falling due within one year 6 305,211 183,405
NET CURRENT LIABILITIES (312 ) (13,869 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,771

(9,786

)

CREDITORS
Amounts falling due after more than one
year

7

(35,494

)

(36,247

)

PROVISIONS FOR LIABILITIES (600 ) (800 )
NET LIABILITIES (33,323 ) (46,833 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (33,423 ) (46,933 )
(33,323 ) (46,833 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

YIP YAP TELECOMMUNICATIONS LTD (REGISTERED NUMBER: 11078617)

BALANCE SHEET - continued
30 NOVEMBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 August 2025 and were signed on its behalf by:




Miss R Banga - Director



H S Nagra - Director


YIP YAP TELECOMMUNICATIONS LTD (REGISTERED NUMBER: 11078617)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024


1. STATUTORY INFORMATION

Yip Yap Telecommunications is a private company, limited by shares, registered in England and wales, registered number 11078617. Its registered office is Admiral House, Waterfront East, Brierley Hill, West Midlands, DY5 1XG.

The financial statements are presented in Sterling, which is the functional currency of the company.

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.

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 etc - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

YIP YAP TELECOMMUNICATIONS LTD (REGISTERED NUMBER: 11078617)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024


2. ACCOUNTING POLICIES - continued

Going concern
The accounts have been drawn up on the going concern basis. The company's ongoing activities are dependent upon the continued support of its bank and other creditors, who have undertaken that this support will be given for the foreseeable future.

If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that might arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities,,

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2023
and 30 November 2024 5,000
DEPRECIATION
At 1 December 2023 917
Charge for year 1,000
At 30 November 2024 1,917
NET BOOK VALUE
At 30 November 2024 3,083
At 30 November 2023 4,083

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 83,520 82,967
Other debtors 215,365 82,246
298,885 165,213

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans and overdrafts 11,736 8,117
Trade creditors 95,898 34,961
Taxation and social security 171,511 122,553
Other creditors 26,066 17,774
305,211 183,405

YIP YAP TELECOMMUNICATIONS LTD (REGISTERED NUMBER: 11078617)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.24 30.11.23
£    £   
Bank loans 35,494 36,247

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 4,059 10,312

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2024 and 30 November 2023:

30.11.24 30.11.23
£    £   
Miss R Banga
Balance outstanding at start of year 3,130 (4,787 )
Amounts advanced 56,413 (44,776 )
Amounts repaid (12,590 ) 52,693
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 46,953 3,130

H S Nagra
Balance outstanding at start of year 4,116 (4,579 )
Amounts advanced 66,674 (22,184 )
Amounts repaid (12,878 ) 30,879
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 57,912 4,116