YAMINATION STUDIOS LIMITED
|
Registered Number
:
09144684
|
For the year ended 31 July 2019
England and Wales
Unaudited Financial Statements
YAMINATION STUDIOS LIMITED
Statement of Financial Position
2018
2019
Property
,
plant and equipment
|
14,599
4,946
2
14,599
4,946
Trade and other receivables
|
14,779
32,122
3
42,328
Cash and cash equivalents
|
48,478
80,600
57,107
Trade and other payables
:
amounts falling due within one
|
year
|
(45,964)
(29,660)
4
11,143
50,940
Net current assets
Total assets less current liabilities
|
65,539
16,089
(2,774)
(940)
Provisions for liabilities
|
62,765
Net assets
15,149
100
100
62,665
15,049
62,765
15,149
Shareholders' funds
For the year ended 31 July 2019 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 of its financial statements for the year ended 31 July 2019 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
|
b
)
preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
|
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
|
394
and
395
and which otherwise comply with the requirements of the Companies Act
2006
relating to financial
|
statements
,
so far as applicable to the company
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
Drew John Michael Roper Director
|
These financial statements were approved and authorised for issue by the Board on 26 September 2019 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 July 2019
YAMINATION STUDIOS LIMITED
Notes to the Financial Statements
Statutory Information
YAMINATION STUDIOS LIMITED is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
|
registration number
09144684
.
|
Principal place of business
:
|
Floodgate Street
Digbeth
Birmingham
B5 5SR
KLM Associates
Jaguar House
Cecil Street
Birmingham
B19 3ST
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial
|
Reporting Standard
102
'
The Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and the
|
Companies Act
2006
.
The financial statements have been prepared under the historical costs convention as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation . 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:
|
Fixtures and fittings
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
|
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For the year ended 31 July 2019
YAMINATION STUDIOS LIMITED
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
7,671
12,229
19,900
Provision for depreciation and impairment
|
2,725
Charge for year
2,576
5,301
14,599
4,946
3
.
Trade and other receivables
|
2018
2019
31,440
840
Prepayments and accrued income
|
682
13,939
14,779
32,122
4
.
Trade and other payables
:
amounts falling due within one year
|
2018
2019
9,373
5,062
Taxation and social security
|
16,356
14,486
Accruals and deferred income
|
1,030
980
Directors
'
loan accounts
|
2,901
25,436
29,660
45,964
5
.
Related party transactions
|
The ultimate controlling party during the year was Drew Roper
,
director
,
whom controls the company by virtue of
|
owning
99
%
of the share capital
.
|
6
.
Average number of persons employed
|
During the year the average number of employees was 2 (2018 : 2)
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