Your Serviced Office Limited


Director	David R Back


Registered Address	Avon House 435 Stratford Road
	Shirley
	Solihull
	B90 4AA


Registered Number	08100980 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		24,910		28,215
			24,910		28,215
Current assets
Debtors	4	97,964		101,028
Cash at bank and on hand		7,466		2,993
		105,430		104,021
Creditors amounts falling due within one year	5	(68,266)		(70,384)
Net current assets (liabilities)			37,164		33,637
Total assets less current liabilities			62,074		61,852
Creditors amounts falling due after one year	6		(25,475)		(35,467)
Net assets			36,599		26,385
Capital and reserves
Called up share capital			100		100
Profit and loss account			36,499		26,285
Shareholders' funds			36,599		26,385

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 Director acknowledges 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 Director on 19 September 2025, and are signed on its behalf by:

David R Back
Director
Registered Company No. 08100980

Your Serviced Office Limited

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 compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	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
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	20
	Fixtures and fittings	15
	Office Equipment	20

	Government grants or assistance
	Government revenue grants are recognised in the financial statements in the period in which they are received. Any related expenditure is not offset but recognised separately within the same financial period as the income is received.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	5		5

3.	Tangible fixed assets

	Plant & machinery	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 January 24	3,357	178,643	15,272	197,272
At 31 December 24	3,357	178,643	15,272	197,272
Depreciation and impairment
At 01 January 24	2,753	155,739	10,565	169,057
Charge for year	217	2,307	781	3,305
At 31 December 24	2,970	158,046	11,346	172,362
Net book value
At 31 December 24	387	20,597	3,926	24,910
At 31 December 23	604	22,904	4,707	28,215

4.	Debtors: amounts due within one year

	2024	2023
	£	£
Trade debtors / trade receivables	14,646	16,684
Amounts owed by associates and joint ventures / participating interests	53,000	53,000
Other debtors	16,201	16,201
Prepayments and accrued income	14,117	15,143
Total	97,964	101,028

5.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	23,929	34,799
Amounts owed to related parties	31,192	9,482
Taxation and social security	7,484	20,177
Other creditors	5,092	4,113
Accrued liabilities and deferred income	569	1,813
Total	68,266	70,384


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6.	Creditors: amounts due after one year

	2024	2023
	£	£
Amounts owed to related parties	25,475	35,467
Total	25,475	35,467

7.	Other commitments
	The total amount of financial commitments not included in the balance sheet is £43,187 (2023 - £97,988).

8.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
David R Back	53,000	0	0	53,000
	53,000	0	0	53,000

9.	Related party transactions
	At the year end the Company owed £35,466 to its Pension Fund. The loan is due for repayment by 18th April 2028 and is secured on the assets of the Company and interest is payable at a rate of 5.25%. At the year end the Company owed £21,200 to a partnership in which the Director is a Partner. The loan is interest free, unsecured and repayable on demand.