YATSON & CO LTD
YATSON & CO LTD
Company Registration No. 09168529 (England and Wales)
Page
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Director
Company Number
Registered Office
Accountants
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
YATSON & CO LTD
for the year ended 31 August 2022
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of YATSON & CO LTD , as a body, in accordance with the terms of our engagement letter dated 30 August 2019. Our work has been undertaken solely to prepare for your approval the accounts of YATSON & CO LTD and state those matters that we have agreed to state to the Board of Directors of YATSON & CO LTD , as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than YATSON & CO LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that YATSON & CO LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of YATSON & CO LTD . You consider that YATSON & CO LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of YATSON & CO LTD . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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2022
2021
Notes
£
£
Fixed assets
Current assets
Cash at bank and in hand
Net current liabilities
(775,123 )
(899,109 )
Total assets less current liabilities
Net liabilities
(224,096 )
(366,721 )
Capital and reserves
Called up share capital
Profit and loss account
(224,196 )
(366,821 )
Shareholders' funds
(224,096 )
(366,721 )
The financial statements were approved by the Board and authorised for issue on 6 February 2023 and were signed on its behalf by
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1
Statutory information
2
Compliance with accounting standards
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
Presentation currency
Tangible fixed assets and depreciation
Land & buildings
Plant & machinery
Fixtures & fittings
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 September 2021
Additions
At 31 August 2022
Depreciation
At 1 September 2021
Charge for the year
At 31 August 2022
Net book value
At 31 August 2022
At 31 August 2021
5
Debtors
2022
2021
£
£
Amounts falling due within one year
VAT
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6
Creditors: amounts falling due within one year
2022
2021
£
£
VAT
Trade creditors
Other creditors
Loans from directors
7
Creditors: amounts falling due after more than one year
2022
2021
£
£
Bank loans
8
Average number of employees
During the year the average number of employees was 13 (2021: 13 ).
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