Company Registration No. 12622331 (England and Wales)
Y&O Virtual Tours Limited
Unaudited accounts
for the year ended 31 May 2025
Y&O Virtual Tours Limited
Unaudited accounts
Contents
Y&O Virtual Tours Limited
Company Information
for the year ended 31 May 2025
Director
Joshua Alexander Elliott
Company Number
12622331 (England and Wales)
Registered Office
3 School Bungalow
Candleby Lane
Cotgrave
Nottingham
Nottinghamshire
NG12 3JG
England
Accountants
Grace Heathfield + Co Ltd
13 Forest Close
Cotgrave
Nottinghamshire
NG12 3JN
Y&O Virtual Tours Limited
Statement of financial position
as at 31 May 2025
Tangible assets
1,619
2,089
Cash at bank and in hand
537
220
Creditors: amounts falling due within one year
(2,908)
(4,476)
Net current assets
6,562
6,261
Total assets less current liabilities
8,181
8,350
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
7,773
7,832
Shareholders' funds
7,873
7,932
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 24 August 2026 and were signed on its behalf by
Joshua Alexander Elliott
Director
Company Registration No. 12622331
Y&O Virtual Tours Limited
Notes to the Accounts
for the year ended 31 May 2025
Y&O Virtual Tours Limited is a private company, limited by shares, registered in England and Wales, registration number 12622331. The registered office is 3 School Bungalow, Candleby Lane, Cotgrave, Nottingham, Nottinghamshire, NG12 3JG, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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
15% RB
Y&O Virtual Tours Limited
Notes to the Accounts
for the year ended 31 May 2025
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2024
998
3,706
4,704
At 31 May 2025
998
3,706
4,704
At 1 June 2024
478
2,137
2,615
Charge for the year
78
392
470
At 31 May 2025
556
2,529
3,085
At 31 May 2025
442
1,177
1,619
At 31 May 2024
520
1,569
2,089
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
1,568
2,953
Loans from directors
665
1,053
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).