Y NOT FESTIVALS UK LIMITED

Y NOT FESTIVALS UK LIMITED

Y NOT FESTIVALS UK LIMITED - Company Information

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Y NOT FESTIVALS UK LIMITED

Company Registration Number:
08318496 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2019

Period of accounts

Start date: 01 April 2018

End date: 31 March 2019

Y NOT FESTIVALS UK LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2019

Balance sheet
Notes

Y NOT FESTIVALS UK LIMITED

Balance sheet

As at 31 March 2019


Notes
2019
2018


£
£
Fixed assets
Tangible assets: 3 128,299 0
Total fixed assets: 128,299 0
Current assets
Debtors:   1,600,811 3,514,788
Cash at bank and in hand: 1,357,588 937,497
Total current assets: 2,958,399 4,452,285
Creditors: amounts falling due within one year:   (1,252,624) (2,176,201)
Net current assets (liabilities): 1,705,775 2,276,084
Total assets less current liabilities: 1,834,074 2,276,084
Total net assets (liabilities): 1,834,074 2,276,084
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 1,834,073 2,276,083
Shareholders funds: 1,834,074 2,276,084

The notes form part of these financial statements

Y NOT FESTIVALS UK LIMITED

Balance sheet statements

For the year ending 31 March 2019 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 December 2019
and signed on behalf of the board by:

Name: Jason Oakley
Status: Director

The notes form part of these financial statements

Y NOT FESTIVALS UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Y NOT FESTIVALS UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

2. Employees

2019 2018
Average number of employees during the period 0 0

Y NOT FESTIVALS UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

3. Tangible Assets

Total
Cost £
At 01 April 2018 0
Additions 169,155
At 31 March 2019 169,155
Depreciation
At 01 April 2018 0
Charge for year 40,856
At 31 March 2019 40,856
Net book value
At 31 March 2019 128,299
At 31 March 2018 0

Y NOT FESTIVALS UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2019

4. Related party transactions

Name of the related party: Global Live Ltd
Relationship:
Parent company
Description of the Transaction: Y Not Festivals UK Limited has receivables from Global Live Ltd of £1,141,701
£
Balance at 01 April 2018 0
Balance at 31 March 2019 1,141,701