REGISTERED NUMBER: 12812539 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Yolk Expressa Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S L L Braga

B C L Braga

REGISTERED OFFICE:

Unit 1 Heron Trading

Alliance Road

London

W3 0RA

REGISTERED NUMBER:

12812539 (England and Wales)

ACCOUNTANTS:

Dragon Argent Limited

63 Bermondsey Street

London

SE1 3XF

FIXED ASSETS

Tangible assets

4

310,698

375,410

CURRENT ASSETS

Debtors

5

537,045

273,992

Cash at bank

45,144

82,816

582,189

356,808

CREDITORS

Amounts falling due within one year

6

92,809

80,459

NET CURRENT ASSETS

489,380

276,349

TOTAL ASSETS LESS CURRENT LIABILITIES

800,078

651,759

CREDITORS

Amounts falling due after more than one year

7

846,747

658,497

NET LIABILITIES

(46,669

)

(6,738

)

CAPITAL AND RESERVES

Called up share capital

1,000,000

1,000,000

Retained earnings

(1,046,669

)

(1,006,738

)

(46,669

)

(6,738

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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.

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 30 September 2025 and were signed on its behalf by:

B C L Braga - Director

1.	STATUTORY INFORMATION

Yolk Expressa Ltd 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant & Machinery - 25% reducing balance

Computer Equipment - Straight line over 3 years

Motor vehicle - 25% Reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 1 ).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

504,624

Additions

67,083

Disposals

(46,000

)

At 31 December 2024

525,707

DEPRECIATION

At 1 January 2024

129,214

Charge for year

94,843

Eliminated on disposal

(9,048

)

At 31 December 2024

215,009

NET BOOK VALUE

At 31 December 2024

310,698

At 31 December 2023

375,410

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

352,442

94,208

Other debtors

184,603

179,784

537,045

273,992

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

11

-

Trade creditors

685

7,381

Taxation and social security

76,336

64,465

Other creditors

15,777

8,613

92,809

80,459

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Other creditors

846,747

658,497

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.12.24

31.12.23

£

£

Within one year

132,480

132,480

Between one and five years

292,560

425,040

425,040

557,520