F. Yasoos Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 05614024 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 June 2017

for

F. Yasoos Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

C E Nettlefold

SECRETARY:

J Lanyon

REGISTERED OFFICE:

Avebrick House

Marlborough Road

Pewsey

Wiltshire

SN9 5NT

REGISTERED NUMBER:

05614024 (England and Wales)

ACCOUNTANTS:

Sinden Thackeray Partnership

Stirling House

Sunderland Quay

Culpeper Close

Rochester

Kent

ME2 4HN

FIXED ASSETS

Tangible assets

3

516

688

CURRENT ASSETS

Debtors

4

2,795

4,419

Cash at bank

586

4,435

3,381

8,854

CREDITORS

Amounts falling due within one year

5

2,165

1,986

NET CURRENT ASSETS

1,216

6,868

TOTAL ASSETS LESS CURRENT LIABILITIES

1,732

7,556

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

7

1,632

7,456

SHAREHOLDERS' FUNDS

1,732

7,556

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 7 November 2017 and were signed by:

C E Nettlefold - Director

1.	STATUTORY INFORMATION

F. Yasoos Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the statement of financial position date.

Deferred tax

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

statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 July 2016

and 30 June 2017

917

DEPRECIATION

At 1 July 2016

229

Charge for year

172

At 30 June 2017

401

NET BOOK VALUE

At 30 June 2017

516

At 30 June 2016

688

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.17

30.6.16

£

£

Tax

2,795

4,419

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.17

30.6.16

£

£

Tax

46

575

Other creditors

547

-

Directors' current accounts

972

691

Accrued expenses

600

720

2,165

1,986

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.17

30.6.16

value:

£

£

100

Ordinary

£1

100

100

7.

RESERVES

Retained

earnings

£

At 1 July 2016

7,456

Deficit for the year

(824

)

Dividends

(5,000

)

At 30 June 2017

1,632

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is C E Nettlefold.

9.	FIRST YEAR ADOPTION

The Company has this year prepared its accounts under FRS 102 having previously prepared them under the

historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective

January 2015) as at 1st July 2016.