1 June 2024 false No description of principal activity Taxfiler 2024.6 SC564850 business:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 SC564850 2024-05-31 SC564850 2024-06-01 2025-05-31 SC564850 business:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 SC564850 business:FilletedAccounts 2024-06-01 2025-05-31 SC564850 2025-05-31 SC564850 business:Director1 2024-06-01 2025-05-31 SC564850 business:RegisteredOffice 2024-06-01 2025-05-31 SC564850 2024-05-31 SC564850 core:WithinOneYear 2025-05-31 SC564850 core:WithinOneYear 2024-05-31 SC564850 core:AfterOneYear 2025-05-31 SC564850 core:AfterOneYear 2024-05-31 SC564850 core:ShareCapital core:PreviouslyStatedAmount 2025-05-31 SC564850 core:ShareCapital core:PreviouslyStatedAmount 2024-05-31 SC564850 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-05-31 SC564850 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-05-31 SC564850 core:PreviouslyStatedAmount 2025-05-31 SC564850 core:PreviouslyStatedAmount 2024-05-31 SC564850 business:SmallEntities 2024-06-01 2025-05-31 SC564850 countries:Scotland 2024-06-01 2025-05-31 SC564850 core:FurnitureFittings 2024-06-01 2025-05-31 SC564850 core:ComputerEquipment 2024-06-01 2025-05-31 SC564850 core:FurnitureFittings 2024-05-31 SC564850 core:ComputerEquipment 2024-05-31 SC564850 core:FurnitureFittings 2025-05-31 SC564850 core:ComputerEquipment 2025-05-31 SC564850 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure
Company Registration No. SC564850 (Scotland)
YOUTH COLLEGE LTD Micro-entity accounts for the year ended 31 May 2025
YOUTH COLLEGE LTD Micro-entity accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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YOUTH COLLEGE LTD Company Information for the year ended 31 May 2025
Director
Dr. Rashmi Mantri
Company Number
SC564850 (Scotland)
Registered Office
267 Colston Road Bishopbriggs Glasgow G64 2BD
Accountants
Avid Accountants Ltd 21 Blythswood Square Glasgow G2 4BL
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Accountants' report on the preparation of the unaudited statutory statements of YOUTH COLLEGE LTD (The Company) for the year ended 31 May 2025
In order to assist you as the sole director to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of the company for the year ended 31 May 2025 which comprises of the profit and loss account, the balance sheet, and explanatory notes from the company's accounting records and from information and explanations which you have provided us with.
As a member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.
This report is made solely to you as the sole director of the company, in accordance with the terms of our letter of engagement dated . Our work has been undertaken solely to prepare for your approval the financial statements of the company, and state those matters that we have agreed to state to you, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and you as the sole director for our work or for this report.
It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and financial performance of the company. You consider that the company is exempt from the statutory audit requirement for the year ended 31 May 2025.
We have not been instructed to carry out any assurance service on the financial statements of the company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Avid Accountants Ltd Financial Accountants 21 Blythswood Square Glasgow G2 4BL 16 January 2025
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YOUTH COLLEGE LTD Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Current assets
Cash at bank and in hand
25,023
60,017
Creditors: amounts falling due within one year
5
(14,900)
(27,955)
Net current assets
10,123
32,062
Total assets less current liabilities
10,123
32,062
Creditors: amounts falling due after more than one year
6
(4,400)
(8,800)
Net assets
5,723
23,262
Capital and reserves
Called up share capital
1
1
Profit and loss account
5,722
23,261
Shareholders' funds
5,723
23,262
For the year ending 31 May 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 16 January 2025 and were signed on its behalf by
Dr. Rashmi Mantri Director Company Registration No. SC564850
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YOUTH COLLEGE LTD Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
YOUTH COLLEGE LTD is a private company, limited by shares, registered in Scotland, registration number SC564850. The registered office is 267 Colston Road, Bishopbriggs, Glasgow, G64 2BD.
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
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.
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.
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:
Fixtures & fittings
has been fully depreciated
Computer equipment
has been fully depreciated
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 June 2024
3,500
6,764
10,264
At 31 May 2025
3,500
6,764
10,264
Depreciation
At 1 June 2024
3,500
6,764
10,264
At 31 May 2025
3,500
6,764
10,264
Net book value
At 31 May 2025
-
-
-
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
4,000
4,005
Taxes and social security
3,418
8,730
Other creditors
6,582
3,400
Loans from directors
-
11,820
Accruals
900
-
14,900
27,955
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YOUTH COLLEGE LTD Notes to the Accounts for the year ended 31 May 2025
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
4,400
8,800
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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