Company Registration No. 09710290 (England and Wales)
Young Executive Services Limited
Unaudited accounts
for the year ended 31 July 2018
Young Executive Services Limited
Unaudited accounts
Contents
Young Executive Services Limited
Company Information
for the year ended 31 July 2018
Company Number
09710290 (England and Wales)
Registered Office
44 Lodge Road
Brereton
Rugeley
Staffordshire
WS15 1HG
Accountants
MBH Accounts Services Ltd
30 Lodge Road
Brereton
Rugeley
Staffordshire
WS15 1HG
Young Executive Services Limited
Statement of financial position
as at
31 July 2018
Tangible assets
7,263
9,685
Cash at bank and in hand
(19)
502
Creditors: amounts falling due within one year
(23,707)
(30,778)
Net current liabilities
(23,656)
(29,286)
Total assets less current liabilities
(16,393)
(19,601)
Creditors: amounts falling due after more than one year
-
(4,385)
Net liabilities
(16,393)
(23,986)
Called up share capital
1
1
Profit and loss account
(16,394)
(23,987)
Shareholders' funds
(16,393)
(23,986)
For the year ending 31 July 2018 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 29 April 2019.
Anthony Young
Director
Company Registration No. 09710290
Young Executive Services Limited
Notes to the Accounts
for the year ended 31 July 2018
Young Executive Services Limited is a private company, limited by shares, registered in England and Wales, registration number 09710290. The registered office is 44 Lodge Road, Brereton, Rugeley, Staffordshire, WS15 1HG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
Cost or valuation
At cost
Charge for the year
2,422
Accrued income and prepayments
70
674
Young Executive Services Limited
Notes to the Accounts
for the year ended 31 July 2018
6
Creditors: amounts falling due within one year
2018
2017
Obligations under finance leases and hire purchase contracts
3,068
2,027
Other creditors
10,740
10,790
Loans from directors
9,529
16,831
7
Creditors: amounts falling due after more than one year
2018
2017
Obligations under finance leases and hire purchase contracts
-
4,385
8
Average number of employees
During the year the average number of employees was 1 (2017: 1).