Y N Services Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05240214 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30th April 2014

for

Y N Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr M Vassiliou

SECRETARY:

Mr M Vassiliou

REGISTERED OFFICE:

Everlast House

1 Cranbrook Lane

New Southgate

London

N11 1PF

REGISTERED NUMBER:

05240214 (England and Wales)

ACCOUNTANTS:

Yianni, Neil & Co Ltd

Accountants and Tax Advisers

Everlast House

1 Cranbrook Lane

New Southgate

London

N11 1PF

FIXED ASSETS

Tangible assets

2

1,047

1,308

CURRENT ASSETS

Stocks

5,416

5,399

Debtors

64,519

75,821

Cash at bank and in hand

23,511

5,344

93,446

86,564

CREDITORS

Amounts falling due within one year

62,775

50,097

NET CURRENT ASSETS

30,671

36,467

TOTAL ASSETS LESS CURRENT LIABILITIES

31,718

37,775

CAPITAL AND RESERVES

Called up share capital

3

450

450

Profit and loss account

31,268

37,325

SHAREHOLDERS' FUNDS

31,718

37,775

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 30th January 2015 and were signed by:

Mr M Vassiliou - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

Work in progress

Work in progress is valued at the amounts to be invoiced taking into account the stage of completion.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st May 2013

and 30th April 2014

5,797

DEPRECIATION

At 1st May 2013

4,489

Charge for year

261

At 30th April 2014

4,750

NET BOOK VALUE

At 30th April 2014

1,047

At 30th April 2013

1,308

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.14

30.4.13

value:

£

£

300

Ordinary

£1.00

450

450