Company Registration No. 12281611 (England and Wales)
YOD LTD
Unaudited accounts
for the year ended 31 October 2021
YOD LTD
Unaudited accounts
Contents
YOD LTD
Company Information
for the year ended 31 October 2021
Director
Eugenia Adubea DAKWA
Company Number
12281611 (England and Wales)
Registered Office
SUITE 4.10 CENTRAL HOUSE
1 BALLARDS LANE
FINCHLEY
LONDON
N3 1LQ
UNITED KINGDOM
Accountants
WNR Associates Limited
63/66 Hatton Garden
Fifth Floor Suite 23
London
EC1N 8LE
YOD LTD
Statement of financial position
as at
31 October 2021
Cash at bank and in hand
10,536
11,297
Creditors: amounts falling due within one year
(3,258)
-
Net current assets
7,278
11,297
Total assets less current liabilities
7,278
39,144
Creditors: amounts falling due after more than one year
(59,867)
(46,702)
Net liabilities
(52,589)
(7,558)
Called up share capital
2
2
Profit and loss account
(52,591)
(7,560)
Shareholders' funds
(52,589)
(7,558)
For the year ending 31 October 2021 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 her 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 31 July 2022 and were signed on its behalf by
Eugenia Adubea DAKWA
Director
Company Registration No. 12281611
YOD LTD
Notes to the Accounts
for the year ended 31 October 2021
YOD LTD is a private company, limited by shares, registered in England and Wales, registration number 12281611. The registered office is SUITE 4.10 CENTRAL HOUSE, 1 BALLARDS LANE, FINCHLEY, LONDON, N3 1LQ, UNITED KINGDOM.
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.
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:
Land & buildings
15% Reducing Balance
Motor vehicles
25% Reducing Balance
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
YOD LTD
Notes to the Accounts
for the year ended 31 October 2021
4
Tangible fixed assets
Land & buildings
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 November 2020
28,350
5,000
33,350
Disposals
(28,350)
(5,000)
(33,350)
At 1 November 2020
4,253
1,250
5,503
On disposals
(4,253)
(1,250)
(5,503)
At 31 October 2020
24,097
3,750
27,847
5
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
788
-
6
Creditors: amounts falling due after more than one year
2021
2020
Loans from directors
44,600
46,702
Aggregate of amounts that fall due for payment after five years
44,600
46,702
7
Share capital
2021
2020
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 2 (2020: 2).