REGISTERED NUMBER: 01682789 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

SYLVIA YOUNG LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M H Shelton

A L Ruffell

J Martin

REGISTERED OFFICE:

1 Nutford Place

London

W1H 5YZ

REGISTERED NUMBER:

01682789 (England and Wales)

ACCOUNTANTS:

THP Limited

Chartered Accountants

Unit 4 Mulgrave Chambers

26-28 Mulgrave Road

Sutton

Surrey

SM2 6LE

BANKERS:

The Royal Bank of Scotland plc

North West House

119 Marylebone Road

London

NW1 5PY

FIXED ASSETS

Tangible assets

4

845

1,127

CURRENT ASSETS

Debtors

5

86,000

95,122

Cash at bank and in hand

237,434

200,899

323,434

296,021

CREDITORS

Amounts falling due within one year

6

60,736

52,836

NET CURRENT ASSETS

262,698

243,185

TOTAL ASSETS LESS CURRENT LIABILITIES

263,543

244,312

PROVISIONS FOR LIABILITIES

7

212

-

NET ASSETS

263,331

244,312

CAPITAL AND RESERVES

Called up share capital

20,000

20,000

Retained earnings

243,331

224,312

SHAREHOLDERS' FUNDS

263,331

244,312

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 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 26 May 2026 and were signed on its behalf by:

J Martin - Director

1.	STATUTORY INFORMATION

Sylvia Young Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Going Concern

The financial statements are prepared on the going concern basis, which assumes the ability of the company to continue its activities for the foreseeable future, being a period of not less than twelve months from the approval of these accounts.

The directors, having considered all the information available, are confident that the company has adequate reserves and resources to continue its operational activities for the foreseeable future. Accordingly, the directors are satisfied that the going concern basis continues to be appropriate for the preparation of the annual financial statements.

Revenue recognition

Revenue is measured at the fair value of the consideration received or receivable and represents the amount receivable for supplied, net of any credits or discounts and value added taxes.

Revenue is recognised in the accounting period in which the services were rendered.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on cost

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's

pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 September 2024

and 31 August 2025

7,241

5,949

13,190

DEPRECIATION

At 1 September 2024

6,114

5,949

12,063

Charge for year

282

-

282

At 31 August 2025

6,396

5,949

12,345

NET BOOK VALUE

At 31 August 2025

845

-

845

At 31 August 2024

1,127

-

1,127

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

84,176

93,442

Prepayments and accrued income

1,824

1,680

86,000

95,122

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

159

408

Corporation tax

5,005

5,193

Social security and other taxes

3,655

5,784

VAT

20,271

18,465

Other creditors

793

957

Due to related party

20,566

15,457

Accruals and deferred income

10,287

6,572

60,736

52,836

7.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

212

-

Deferred

tax

£

Charge to Income Statement during year

212

Balance at 31 August 2025

212

8.	RELATED PARTY DISCLOSURES

This company is related to another company under common control.

During the financial year this company recharged expenses of £8,173 (2024 - £13,937) to and was charged expenses of £15,167 (2024 - £14,030) by the related company.

At the balance sheet date an amount of £20,566 (2024 - £15,457) was owed to the related company.