YM Projects Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08536702 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2019

for

YM Projects Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Y Majid

REGISTERED OFFICE:

67 Sinclair Road

London

W14 0NR

REGISTERED NUMBER:

08536702 (England and Wales)

ACCOUNTANTS:

Account Ability

Chartered Accountants

4 Gibbs Hill

Headcorn

Ashford

TN27 9UD

FIXED ASSETS

Tangible assets

4

-

15

CURRENT ASSETS

Debtors

5

14,363

-

Cash at bank

7,920

113,632

22,283

113,632

CREDITORS

Amounts falling due within one year

6

1,440

15,280

NET CURRENT ASSETS

20,843

98,352

TOTAL ASSETS LESS CURRENT LIABILITIES

20,843

98,367

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

20,842

98,366

SHAREHOLDERS' FUNDS

20,843

98,367

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2019.

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 her 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 25 January 2020 and were signed by:

Y Majid - Director

1.	STATUTORY INFORMATION

YM Projects Ltd is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

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

-

33% on cost

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2018 - 1 ).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2018

and 31 July 2019

1,810

DEPRECIATION

At 1 August 2018

1,795

Charge for year

15

At 31 July 2019

1,810

NET BOOK VALUE

At 31 July 2019

-

At 31 July 2018

15

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.19

31.7.18

£

£

Other debtors

14,363

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.19

31.7.18

£

£

Taxation and social security

-

11,078

Other creditors

1,440

4,202

1,440

15,280