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Company Registration No. 12457117 (England and Wales)
YAFS LTD Unaudited accounts for the year ended 28 February 2025
YAFS LTD Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
26,323
40,535
Current assets
Inventories
14,310
9,572
Debtors
5
17,220
-
Cash at bank and in hand
7,910
4,135
39,440
13,707
Creditors: amounts falling due within one year
6
(52)
(2,091)
Net current assets
39,388
11,616
Total assets less current liabilities
65,711
52,151
Creditors: amounts falling due after more than one year
7
(217,170)
(217,202)
Net liabilities
(151,459)
(165,051)
Capital and reserves
Share premium
2
2
Profit and loss account
(151,461)
(165,053)
Shareholders' funds
(151,459)
(165,051)
For the year ending 28 February 2025 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 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 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 of Directors and authorised for issue on 25 April 2025 and were signed on its behalf by
Abdulhafedh Fadhl Mohammed ALSADI Director Company Registration No. 12457117
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YAFS LTD Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
YAFS LTD is a private company, limited by shares, registered in England and Wales, registration number 12457117. The registered office is 126 INFIRMARY ROAD, SHEFFIELD, S6 3DH, ENGLAND.
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.
3
Accounting policies
These financial statements for the year ended 28 February 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 March 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 March 2024
51,466
27,741
546
79,753
Additions
-
1,100
638
1,738
At 28 February 2025
51,466
28,841
1,184
81,491
Depreciation
At 1 March 2024
27,795
11,096
327
39,218
Charge for the year
10,293
5,548
109
15,950
At 28 February 2025
38,088
16,644
436
55,168
Net book value
At 28 February 2025
13,378
12,197
748
26,323
At 29 February 2024
23,671
16,645
219
40,535
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
4,610
-
Other debtors
12,610
-
17,220
-
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YAFS LTD Notes to the Accounts for the year ended 28 February 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
52
284
Loans from directors
-
1,807
52
2,091
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
17,021
17,053
Loans from directors
200,149
200,149
217,170
217,202
8
Average number of employees
During the year the average number of employees was 5 (2024: 5).
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