YAMNACO LTD


Directors	BOGIN, Gal
	HOLGATE, Matthew
	MADDEN, Ben Andrew
	YATRIBI, Abdelaziz


Company Secretary	YATRIBI, Abdelaziz


Registered Address	27 Old Gloucester Street
	London
	WC1N 3AX


Registered Number	14929369 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		16,091		914
			16,091		914
Current assets
Debtors	4	23,769		7,356
Cash at bank and on hand		5,479,903		2,101,960
		5,503,672		2,109,316
Creditors amounts falling due within one year	5	(358,402)		(9,727)
Net current assets (liabilities)			5,145,270		2,099,589
Total assets less current liabilities			5,161,361		2,100,503
Net assets			5,161,361		2,100,503
Capital and reserves
Called up share capital			127		108
Share premium			8,553,669		2,582,289
Profit and loss account			(3,392,435)		(481,894)
Shareholders' funds			5,161,361		2,100,503

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 28 August 2025, and are signed on its behalf by:

YATRIBI, Abdelaziz
Director
Registered Company No. 14929369

YAMNACO LTD

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Office Equipment	5

2.	Average number of employees


		2024		2023
	Average number of employees during the year	3		0

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 January 24	1,021	1,021
Additions	17,270	17,270
At 31 December 24	18,291	18,291
Depreciation and impairment
At 01 January 24	107	107
Charge for year	2,093	2,093
At 31 December 24	2,200	2,200
Net book value
At 31 December 24	16,091	16,091
At 31 December 23	914	914

4.	Debtors: amounts due within one year

	2024	2023
	£	£
Other debtors	14,755	1,809
Prepayments and accrued income	9,014	5,547
Total	23,769	7,356

5.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	259,222	5,424
Bank borrowings and overdrafts	3,027	-
Taxation and social security	7,849	-
Other creditors	2,152	-
Accrued liabilities and deferred income	86,152	4,303
Total	358,402	9,727