Company Registration No. 12488957 (England and Wales)
YBA Solutions Limited
Unaudited accounts
for the period from 28 February 2020 to 28 February 2021
YBA Solutions Limited
Unaudited accounts
Contents
YBA Solutions Limited
Company Information
for the period from 28 February 2020 to 28 February 2021
Company Number
12488957 (England and Wales)
Registered Office
36 The Ridgeway
London
NW11 8QS
Accountants
Clearfin Accountants Limited
Churchill House
137-139 Brent Street
London
NW4 4DJ
YBA Solutions Limited
Statement of financial position
as at 28 February 2021
Cash at bank and in hand
18,433
Creditors: amounts falling due within one year
(37,203)
Total assets less current liabilities
50,180
Creditors: amounts falling due after more than one year
(50,000)
Profit and loss account
179
For the period ending 28 February 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 his 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 25 November 2021 and were signed on its behalf by
D Schreiber
Director
Company Registration No. 12488957
YBA Solutions Limited
Notes to the Accounts
for the period from 28 February 2020 to 28 February 2021
YBA Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 12488957. The registered office is 36 The Ridgeway, London, NW11 8QS.
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 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.
Intangible fixed assets relating to trademarks are included at cost less accumulated amortisation.
Amortisation has been provided over the estimated useful life of 10 years.
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:
Computer equipment
25% on reducing value
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
YBA Solutions Limited
Notes to the Accounts
for the period from 28 February 2020 to 28 February 2021
4
Intangible fixed assets
Other
5
Tangible fixed assets
Computer equipment
7
Debtors: amounts falling due within one year
2021
YBA Solutions Limited
Notes to the Accounts
for the period from 28 February 2020 to 28 February 2021
8
Creditors: amounts falling due within one year
2021
Taxes and social security
193
9
Creditors: amounts falling due after more than one year
2021
10
Average number of employees
During the period the average number of employees was 1.
