YPG Associates Ltd

YPG Associates Ltd
Statement of Financial Position
As at 31 January 2026

	Notes	2026 £	2025 £
Fixed assets
Intangible fixed assets	3	423	1,685
Tangible fixed assets	4	671	1,122
		1,094	2,807
Current assets
Debtors	5	1,597	7,048
Cash at bank and in hand		41,726	58,936
		43,323	65,984
Creditors: amount falling due within one year	6	(8,441)	(18,272)
Net current assets		34,882	47,712

Total assets less current liabilities		35,976	50,519
Creditors: amount falling due after more than one year	7	(15,081)	(15,253)
Accruals and deferred income		(770)	-
Provisions for liabilities	8	(127)	(213)
Net assets		19,998	35,053

Capital and reserves
Called up share capital	9	100	100
Profit and loss account		19,898	34,953
Shareholders' funds		19,998	35,053

For the year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the director on 17 June 2026 and were signed by:

-------------------------------
Chanelle Kirkum
Director

YPG Associates Ltd
Notes to the Financial Statements
For the year ended 31 January 2026

General Information

YPG Associates Ltd is a private company, limited by shares, registered in England and Wales, registration number 11762026, registration address 33 Quarry Road, Swindon, SN1 4EN.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable. Website costs are amortised on a straight line basis over 5 years, the expected useful economic life of the current website.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment	3 Straight Line
Fixtures and Fittings	5 Straight Line
Office Equipment	5 Straight Line

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 1 (2025 : 3).

Intangible fixed assets

Cost	Website Development	Total
	£	£
At 01 February 2025	6,313	6,313
Additions	-	-
Disposals	-	-
At 31 January 2026	6,313	6,313
Amortisation
At 01 February 2025	4,628	4,628
Charge for year	1,262	1,262
On disposals	-	-
At 31 January 2026	5,890	5,890
Net book values
At 31 January 2026	423	423
At 31 January 2025	1,685	1,685

Tangible fixed assets

Cost or valuation	Computer Equipment	Fixtures and Fittings	Office Equipment	Total
	£	£	£	£
At 01 February 2025	911	1,350	4,923	7,184
Additions	-	-	-	-
Disposals	-	-	-	-
At 31 January 2026	911	1,350	4,923	7,184
Depreciation
At 01 February 2025	625	910	4,527	6,062
Charge for year	118	270	63	451
On disposals	-	-	-	-
At 31 January 2026	743	1,180	4,590	6,513
Net book values
Closing balance as at 31 January 2026	168	170	333	671
Opening balance as at 01 February 2025	286	440	396	1,122

Debtors: amounts falling due within one year

	2026 £	2025 £
Trade Debtors	-	6,520
Prepayments & Accrued Income	889	-
Accrued Income	708	528
	1,597	7,048

Creditors: amount falling due within one year

	2026 £	2025 £
Trade Creditors	400	-
Bank Loans & Overdrafts	603	6,736
Corporation Tax	7,128	3,824
PAYE & Social Security	-	353
Directors' Current Accounts	3	326
VAT	307	7,033
	8,441	18,272

Creditors: amount falling due after more than one year

	2026 £	2025 £
Bank Loans & Overdrafts	15,080	15,252
Other Creditors	1	1
	15,081	15,253

Provisions for liabilities

	2026 £	2025 £
Deferred Tax	213	421
Charged to Profit & Loss	(86)	(208)
	127	213

Share Capital

Allotted, called up and fully paid	2026 £		2025 £
100 Class A shares of £1.00 each	100		100
	100		100