9YFN Limited
9YFN Limited
Company Registration No. 10819603 (England and Wales)
Page
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Directors
Company Number
Registered Office
Accountants
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Accountants' report to the board of directors on the preparation of the unaudited statutory statements of 9YFN Limited (The Company) for the year ended 30 June 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of the company for the year ended 30 June 2023 which comprises of the profit and loss account, the balance sheet, and explanatory notes from the company's accounting records and from information and explanations which you have provided us with.
As a member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.
This report is made solely to the board of directors of the company, as a body, in accordance with the terms of our letter of engagement dated 15 February 2024. Our work has been undertaken solely to prepare for your approval the financial statements of the company, and state those matters that we have agreed to state to the board of directors of the company as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its board of directors as a body for our work or for this report.
It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and financial performance of the company. You consider that the company is exempt from the requirement to have a statutory audit for the year ended 30 June 2023 .
We have not been instructed to carry out any assurance service on the financial statements of the company. 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 financial statements.
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2023
Notes
£
Fixed assets
Current assets
Cash at bank and in hand
Net current liabilities
(65,803 )
Total assets less current liabilities
Net assets
Capital and reserves
Called up share capital
Profit and loss account
Shareholders' funds
The financial statements were approved by the Board of Directors and authorised for issue on 15 February 2024 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 been consistently applied within the same accounts.
Basis of preparation
Presentation currency
Turnover
Tangible fixed assets and depreciation
Inventories
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 July 2022
Additions
At 30 June 2023
Depreciation
At 30 June 2023
Net book value
At 30 June 2023
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5
Creditors: amounts falling due within one year
2023
£
Taxes and social security
Loans from directors
Accruals
6
Creditors: amounts falling due after more than one year
2023
£
Bank loans
7
Average number of employees
During the year the average number of employees was 2 .
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