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YOUR.ONLINE UK FINACQ LIMITED
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Your.Online UK Finacq Limited is a private limited liability company incorporated in England and Wales. The Company's registered and business office address is at Units 4-5 Tristram Centre, Brown Lane West, Leeds, England, LS12 6BF
The principal activity of the company is that of a holding company.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The following principal accounting policies have been applied:
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Exemption from preparing consolidated financial statements
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The Company is a parent company that is also a subsidiary included in the consolidated financial statements of a larger group by a parent undertaking established under the law of a state other than the United Kingdom and is therefore exempt from the requirement to prepare consolidated financial statements under section 401 of the Companies Act 2006.
Based on their long term business plans the directors are confident the Company will trade profitably in future periods and generate sufficient cash flows to meet its obligations as they fall due for payment.
The Company is dependent on continued finance being made available by a fellow group company, which has confirmed that sufficient funds will continue to be made available to allow the Company to meet its liabilities as they fall due for a period of at least twelve months from the date of approval of these financial statements.
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Foreign currency translation
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The Company's functional and presentational currency is £ Sterling.
Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.
At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.
Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss.
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