Company Registration No. 07627967 (England and Wales)
YUDOGLOBAL LIMITED
Abbreviated unaudited accounts
for the year ended 31 May 2016
YUDOGLOBAL LIMITED
Abbreviated Balance Sheet
as at
31 May 2016
Intangible assets
7,674
-
Tangible assets
2,121
3,593
Cash at bank and in hand
23,484
20,709
Creditors: amounts falling due within one year
(262,570)
(309,967)
Net current liabilities
(207,980)
(285,703)
Net liabilities
(198,185)
(282,110)
Called up share capital
20,114
16,901
Share premium
594,118
556,165
Profit and loss account
(812,417)
(855,176)
Total shareholders' funds
(198,185)
(282,110)
For the year ending 31 May 2016 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 in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 28 February 2017
Ludre Stevens
Director
Company Registration No. 07627967
YUDOGLOBAL LIMITED
Notes to the Abbreviated Accounts
for the year ended 31 May 2016
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
2
Intangible fixed assets
Charge for the year
1,493
YUDOGLOBAL LIMITED
Notes to the Abbreviated Accounts
for the year ended 31 May 2016
Charge for the year
1,472
4
Share capital
2016
2015
Allotted, called up and fully paid:
2,011,360 Ordinary shares of £0.01 each
20,113.60
16,900.65
Shares issued during the period:
321,295 Ordinary shares of £0.01 each
3,212.95