Yuva Consultants Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: SC369381 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2016

for

Yuva Consultants Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A T Pfaff

REGISTERED OFFICE:

505 Great Western Road

GLASGOW

G12 8HN

REGISTERED NUMBER:

SC369381 (Scotland)

ACCOUNTANTS:

The Kelvin Partnership Ltd

Chartered Accountants

The Cooper Building

505 Great Western Road

Glasgow

G12 8HN

FIXED ASSETS

Tangible assets

2

2,564

303

CURRENT ASSETS

Debtors

89,610

29,803

Cash at bank

11,513

24,308

101,123

54,111

CREDITORS

Amounts falling due within one year

40,182

43,790

NET CURRENT ASSETS

60,941

10,321

TOTAL ASSETS LESS CURRENT
LIABILITIES

63,505

10,624

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

63,405

10,524

SHAREHOLDERS' FUNDS

63,505

10,624

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end
of each financial year and of its profit or loss for each financial year in accordance with the requirements of
Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to
financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 28 August 2017 and were signed by:

A T Pfaff - Director

1.	ACCOUNTING POLICIES

Accounting convention

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).

Turnover

Turnover is the amount receivable for the provision of goods and services falling within the company's ordinary

activities, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date where transactions or events have occurred at that date that will result in an obligation to pay more

tax, or a right to pay less tax, or a right to receive repayments of tax.

Deferred tax assets are recognised only to the extent that the directors consider it more likely than not that there

will be suitable taxable profits from which the future reversal of the underlying timing differences can be

deducted.

Deferred tax is measured tax rates that are expected to apply in the periods in which timing differences reverse,

based on tax rates and laws enacted or substantively enacted at the balance sheet date.

balance sheet

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2015

6,998

Additions

3,671

At 30 November 2016

10,669

DEPRECIATION

At 1 December 2015

6,695

Charge for year

1,410

At 30 November 2016

8,105

NET BOOK VALUE

At 30 November 2016

2,564

At 30 November 2015

303

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.16

30.11.15

value:

£

100

Ordinary Share Capital

1

100