Company registration number 3555436 (England and Wales)
YOGAMAYA LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
PAGES FOR FILING WITH REGISTRAR
YOGAMAYA LIMITED
COMPANY INFORMATION
Directors
C J D Mills
J Branfoot
Secretary
J Branfoot
Company number
3555436
Registered office
180 Great Portland Street
London
W1W 5QZ
Accountants
YMU Business Management Limited
180 Great Portland Street
London
W1W 5QZ
YOGAMAYA LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
YOGAMAYA LIMITED
BALANCE SHEET
AS AT 31 MARCH 2023
31 March 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
897
1,196
Investments
4
1
1
898
1,197
Current assets
Debtors
5
326
Cash at bank and in hand
33,759
53,001
33,759
53,327
Creditors: amounts falling due within one year
6
(27,752)
(9,225)
Net current assets
6,007
44,102
Net assets
6,905
45,299
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
6,903
45,297
Total equity
6,905
45,299
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 15 March 2024 and are signed on its behalf by:
C J D Mills
Director
Company registration number 3555436 (England and Wales)
YOGAMAYA LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
- 2 -
1
Accounting policies
Company information
Yogamaya Limited is a private company limited by shares incorporated in England and Wales. The registered office is .
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements have been prepared under the historical cost convention. The principle accounting policies adopted are set out below.
1.2
Turnover
Turnover represents amounts receivable for publishing income net of VAT.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures, fittings & equipment
at 25% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
1.4
Financial instruments
The company only has basic financial instruments.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction.
1.5
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
YOGAMAYA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
- 3 -
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
2
2
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2022 and 31 March 2023
13,713
Depreciation and impairment
At 1 April 2022
12,517
Depreciation charged in the year
299
At 31 March 2023
12,816
Carrying amount
At 31 March 2023
897
At 31 March 2022
1,196
4
Fixed asset investments
2023
2022
£
£
Investments
1
1
1
1
5
Debtors
2023
2022
Amounts falling due within one year:
£
£
Other debtors
326
YOGAMAYA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
- 4 -
6
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
1,372
1,625
Corporation tax
3,613
Other taxation and social security
5,593
61
Other creditors
17,174
7,539
27,752
9,225