Your Shop Ltd - Filleted accounts

Registered number

09169211

Your Shop Ltd

Filleted Accounts

31 August 2025

Your Shop Ltd
Registered number:		09169211
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		38,238			39,308

Current assets
Stocks		49,500			35,000
Debtors	4	2,125			5,955
Cash at bank and in hand		5,381			23,791
		57,006			64,746

Creditors: amounts falling due within one year	5	(64,925)			(66,389)

Net current liabilities			(7,919)			(1,643)

Total assets less current liabilities			30,319			37,665

Creditors: amounts falling due after more than one year	6		(29,332)			(35,085)



Net assets			987			2,580

Capital and reserves
Called up share capital			100			100
Profit and loss account			887			2,480

Shareholder's funds			987			2,580

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Sezgin Caner
Director
Approved by the board on 20 May 2026

Your Shop Ltd
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	Basis of preparation
	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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	20% Reducing balance method
	Motor Vehicle	20% Reducing balance method

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			11		10


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 September 2024	87,708		10,685		98,393
	Additions	-		7,560		7,560
	At 31 August 2025	87,708		18,245		105,953

	Depreciation
	At 1 September 2024	44,901		14,184		59,085
	Charge for the year	8,562		68		8,630
	At 31 August 2025	53,463		14,252		67,715

	Net book value
	At 31 August 2025	34,245		3,993		38,238
	At 31 August 2024	42,807		(3,499)		39,308


4	Debtors			2025		2024
£					£

	Trade debtors			1,031		4,555
	Other debtors			1,094		1,400
				2,125		5,955


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			4,933		6,754
	Taxation and social security costs			47,623		35,727
	Other creditors			12,369		23,908
				64,925		66,389


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Other creditors- Bank loan			29,332		35,085


7	Related party transactions
	Sezgin Caner
	Director
	As at the balance sheet date, the company owed its director £7,176 (2024: £23,908) which has been included under other creditors due within one year.


8	Controlling party

	The company is under the control of its own director & shareholder, Sezgin Caner.


9	Other information

	Your Shop Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	243 Kilburn High Road
	London
	NW6 7JN