YOLSHY_LIMITED - Accounts

YOLSHY LIMITED - Company Information

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Company Registration No. 08661091 (England and Wales)

YOLSHY LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 AUGUST 2014

YOLSHY LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

YOLSHY LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 AUGUST 2014

- 1 -

2014

Notes

Fixed assets

Tangible assets

15,700

Current assets

Stocks

3,543

Debtors

3,440

6,983

Creditors: amounts falling due within one year

(29,349)

Net current liabilities

(22,366)

Total assets less current liabilities

(6,666)

Capital and reserves

Called up share capital

100

Profit and loss account

(6,766)

Shareholders' funds

(6,666)

For the financial Period ended 31 August 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 20 May 2015

Mr C Mills

Director

Company Registration No. 08661091

YOLSHY LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 31 AUGUST 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Fixtures, fittings & equipment

15% reducing balance

Motor vehicles

25% reducing balance

Fixed assets

Tangible assets

Cost

At 22 August 2013

Additions

18,000

At 31 August 2014

18,000

Depreciation

At 22 August 2013

Charge for the period

2,300

At 31 August 2014

2,300

Net book value

At 31 August 2014

15,700

Share capital

2014

Allotted, called up and fully paid

100 ordinary shares of £1 each

100