YCP-UK Ltd

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—5

Registered number: 14934193

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		17,931		2,567

			17,931		2,567
CURRENT ASSETS
Stocks	5	3,360		-
Debtors	6	778		-

		4,138		-
Creditors: Amounts Falling Due Within One Year	7	(25,558 )		(7,075 )

NET CURRENT ASSETS (LIABILITIES)			(21,420 )		(7,075 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(3,489 )		(4,508 )

Creditors: Amounts Falling Due After More Than One Year	8		(13,797 )		-

NET LIABILITIES			(17,286 )		(4,508 )

CAPITAL AND RESERVES
Called up share capital	10		1		1
Income Statement			(17,287 )		(4,509 )

SHAREHOLDERS' FUNDS			(17,286)		(4,508)

Page 1

Page 2

YCP-UK Ltd

Statement of Financial Position (continued)

As At 30 June 2026

For the year ending 30 June 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mr Karolis Strumskis

Director

31/07/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

YCP-UK Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14934193 . The registered office is Alexandra House, 123 Priestsic Road, Sutton in Ashfield, Nottinghamshire, NG17 4EA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the entity.

2.2. Going Concern Disclosure

The accounts have been prepared on a going concern basis. The company had a balance sheet deficit of £17,286 at 30th June 2026 (2025 : £4,508). The company is therefore dependant on the continued support of the director. Should this support be withdrawn and the company be unable to continue trading, adjustments would have to be made to reduce the value of the assets to their net realisable value and to provide any further liabilities which may arise.

2.3. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	25% Reducing balance
Fixtures & Fittings	25% Reducing balance

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the income statement as incurred.

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

Page 3

Page 4

YCP-UK Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2026

2.7. Debtors and creditors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 3)

4. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 July 2025	4,173	-	4,173
Additions	42,807	646	43,453
Disposals	(22,112 )	-	(22,112 )

As at 30 June 2026	24,868	646	25,514

Depreciation
As at 1 July 2025	1,606	-	1,606
Provided during the period	7,659	161	7,820
Disposals	(1,843 )	-	(1,843 )

As at 30 June 2026	7,422	161	7,583

Net Book Value
As at 30 June 2026	17,446	485	17,931

As at 1 July 2025	2,567	-	2,567

5. Stocks

	2026	2025
	£	£
Work in progress	3,360	-

6. Debtors

	2026	2025
	£	£
Due within one year
Other debtors	778	-

Page 4

Page 5

YCP-UK Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2026

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	4,139	-
Bank loans and overdrafts	1,979	3,132
Other creditors	17,791	3,555
Taxation and social security	1,649	388

	25,558	7,075

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	13,797	-

Finance lease and hire purchase totalling £17,936 are secured on the asset to which they relate and bank loans totalling £1,979 (2025 : £3,132) are secured against certain assets of the company.

9. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	4,139	-
Later than one year and not later than five years	13,797	-

	17,936	-

	17,936	-

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	1	1

11. Directors Advances, Credits and Guarantees

At the balance sheet date, the directors were owed £10,791 (2025: £596) by the company.

Page 5