Y NOT RECYCLE LTD

Y NOT RECYCLE LTD

Y NOT RECYCLE LTD - Company Information

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Y NOT RECYCLE LTD

Company Registration Number:
NI051774 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 May 2022

Period of accounts

Start date: 01 June 2021

End date: 31 May 2022

Y NOT RECYCLE LTD

Contents of the Financial Statements

for the Period Ended 31 May 2022

Balance sheet
Notes

Y NOT RECYCLE LTD

Balance sheet

As at 31 May 2022


Notes
2022
2021


£
£
Fixed assets
Tangible assets: 3 626,689 596,961
Total fixed assets: 626,689 596,961
Current assets
Stocks: 122,789 106,905
Debtors:   295,152 272,994
Cash at bank and in hand: 76,808 196,539
Total current assets: 494,749 576,438
Creditors: amounts falling due within one year:   (280,805) (326,721)
Net current assets (liabilities): 213,944 249,717
Total assets less current liabilities: 840,633 846,678
Creditors: amounts falling due after more than one year:   (214,108) (250,320)
Provision for liabilities:   (29,837)
Total net assets (liabilities): 626,525 566,521
Capital and reserves
Called up share capital: 800 800
Other reserves: 200 200
Profit and loss account: 625,525 565,521
Shareholders funds: 626,525 566,521

The notes form part of these financial statements

Y NOT RECYCLE LTD

Balance sheet statements

For the year ending 31 May 2022 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 21 February 2023
and signed on behalf of the board by:

Name: Mr K Woodside
Status: Director

The notes form part of these financial statements

Y NOT RECYCLE LTD

Notes to the Financial Statements

for the Period Ended 31 May 2022

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 RECYCLE LTD

Notes to the Financial Statements

for the Period Ended 31 May 2022

2. Employees

2022 2021
Average number of employees during the period 34 31

Y NOT RECYCLE LTD

Notes to the Financial Statements

for the Period Ended 31 May 2022

3. Tangible Assets

Total
Cost £
At 01 June 2021 832,566
Additions 68,644
At 31 May 2022 901,210
Depreciation
At 01 June 2021 235,605
Charge for year 38,916
At 31 May 2022 274,521
Net book value
At 31 May 2022 626,689
At 31 May 2021 596,961