Yes Yes Tech Ltd - Accounts

Yes Yes Tech Ltd
Statement of Financial Position
As at 31 May 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	5,252	6,179
		5,252	6,179
Current assets
Debtors	4	871	648
Cash at bank and in hand		178,906	83,830
		179,777	84,478
Creditors: amount falling due within one year	5	(87,411)	(25,151)
Net current assets		92,366	59,327

Total assets less current liabilities		97,618	65,506
Creditors: amount falling due after more than one year	6	(599)	(3,459)
Provisions for liabilities	7	(1,313)	(1,239)
Net assets		95,706	60,808

Capital and reserves
Called up share capital		1,000	1,000
Profit and loss account		94,706	59,808
Shareholders' funds		95,706	60,808

For the year ended 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the director on 14 November 2025 and were signed by:

-------------------------------
Jonathan Chikly
Director

Yes Yes Tech Ltd
Notes to the Financial Statements
For the year ended 31 May 2025

General Information

Yes Yes Tech Ltd is a private company, limited by shares, registered in England and Wales, registration number 09045888, registration address Unit 14, Princeton Mews , 167 London Road , Kingston Upon Thames , KT2 6PT .

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

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)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings	33% Reducing Balance
Computer Equipment	33% Straight Line

2.	Average number of employees Average number of employees during the year was 7 (2024 : 5).

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Total
	£	£	£
At 01 June 2024	12,181	5,562	17,743
Additions	-	-	-
Disposals	-	-	-
At 31 May 2025	12,181	5,562	17,743
Depreciation
At 01 June 2024	11,019	545	11,564
Charge for year	383	544	927
On disposals	-	-	-
At 31 May 2025	11,402	1,089	12,491
Net book values
Closing balance as at 31 May 2025	779	4,473	5,252
Opening balance as at 01 June 2024	1,162	5,017	6,179

Debtors: amounts falling due within one year

	2025 £	2024 £
Directors' Current Accounts	13	648
VAT	858	0
	871	648

Creditors: amount falling due within one year

	2025 £	2024 £
Bank Loans & Overdrafts (Secured)	3,202	3,202
Corporation Tax	83,442	18,920
Other Creditors	0	0
Pension Control Account	767	359
VAT	0	2,670
	87,411	25,151

Creditors: amount falling due after more than one year

	2025 £		2024 £
Bank Loans & Overdrafts (secured)	599		3,459
	599		3,459

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	1,313		1,239
	1,313		1,239


Registered Number: 09045888
England and Wales
YES YES TECH LTD

Unaudited Financial Statements

Period of accounts Start date: 01 June 2024 End date: 31 May 2025