Abbreviated Company Accounts - Y FACTOR LTD.

04199305 Y FACTOR LTD. 2016-04-30 false 2015-05-01 2016-04-30 true 04199305 2015-05-01 2016-04-30 04199305 2016-04-30 04199305 2015-04-30 04199305 uk-gaap-cd-bus:Director1 2015-05-01 2016-04-30 04199305 uk-gaap-cd-bus:Director2 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 iso4217:GBP shares

Registered Number 04199305

Y FACTOR LTD.

Abbreviated Accounts

30 April 2016

Y FACTOR LTD. Registered Number 04199305

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1,289	1,289
		1,289	1,289
Current assets
Cash at bank and in hand		468	531
		468	531
Creditors: amounts falling due within one year		(608)	(608)
Net current assets (liabilities)		(140)	(77)
Total assets less current liabilities		1,149	1,212
Accruals and deferred income		(958)	(956)
Total net assets (liabilities)		191	256
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		91	156
Shareholders' funds		191	256

For the year ending 30 April 2016 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 31 January 2017

And signed on their behalf by:
C W Farrier, Director

Y FACTOR LTD. Registered Number 04199305

Notes to the Abbreviated Accounts for the period ended 30 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Equipment - 25% straight line

2Tangible fixed assets

	£
Cost
At 1 May 2015	5,245
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	5,245
Depreciation
At 1 May 2015	3,956
Charge for the year	-
On disposals	-
At 30 April 2016	3,956
Net book values
At 30 April 2016	1,289
At 30 April 2015	1,289

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100