Company Registration No. 07432644 (England and Wales)
YAFFA LIMITED
Unaudited accounts
for the year ended 28 February 2025
YAFFA LIMITED
Unaudited accounts
Contents
YAFFA LIMITED
Company Information
for the year ended 28 February 2025
Company Number
07432644 (England and Wales)
Registered Office
UNIT 1 BAXTER ROAD
SHEFFIELD
S6 1JF
Accountants
HLA Accountants
21 Hyde Park Road
Leeds
West Yorkshire
LS6 1PY
YAFFA LIMITED
Statement of financial position
as at 28 February 2025
Tangible assets
198,297
85,278
Inventories
1,389,836
1,407,490
Cash at bank and in hand
150,104
174,661
Creditors: amounts falling due within one year
(377,590)
(255,252)
Net current assets
1,819,047
1,780,773
Total assets less current liabilities
2,017,344
1,866,051
Creditors: amounts falling due after more than one year
(1,557,291)
(1,349,555)
Net assets
460,053
516,496
Called up share capital
2
2
Profit and loss account
460,051
516,494
Shareholders' funds
460,053
516,496
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 director acknowledges his 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 and authorised for issue on 7 November 2025 and were signed on its behalf by
Ziad ABU-EL-ZEET
Director
Company Registration No. 07432644
YAFFA LIMITED
Notes to the Accounts
for the year ended 28 February 2025
YAFFA LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07432644. The registered office is UNIT 1 BAXTER ROAD, SHEFFIELD, S6 1JF.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
YAFFA LIMITED
Notes to the Accounts
for the year ended 28 February 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 March 2024
-
71,432
39,494
24,000
8,000
142,926
Additions
150,351
-
954
-
-
151,305
At 28 February 2025
150,351
71,432
40,448
24,000
8,000
294,231
At 1 March 2024
-
33,956
17,292
4,800
1,600
57,648
Charge for the year
-
14,594
17,292
4,800
1,600
38,286
At 28 February 2025
-
48,550
34,584
9,600
3,200
95,934
At 28 February 2025
150,351
22,882
5,864
14,400
4,800
198,297
At 29 February 2024
-
37,476
22,202
19,200
6,400
85,278
Amounts falling due within one year
Trade debtors
643,202
447,067
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
369,402
281,364
Taxes and social security
6,808
19,888
Proposed dividends
-
(46,000)
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
1,557,291
1,349,555
8
Average number of employees
During the year the average number of employees was 6 (2024: 6).