Abbreviated Company Accounts - YIP LIMITED
Abbreviated Company Accounts - YIP LIMITED
Registered Number 03305122
YIP LIMITED
Abbreviated Accounts
28 February 2015
YIP LIMITED Registered Number 03305122
Abbreviated Balance Sheet as at 28 February 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
( |
( |
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Total assets less current liabilities |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 3 |
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Profit and loss account |
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Shareholders' funds |
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For the year ending 28 February 2015 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
And signed on their behalf by:
YIP LIMITED Registered Number 03305122
Notes to the Abbreviated Accounts for the period ended 28 February 2015
1Accounting Policies
Basis of measurement and preparation of accounts
2Tangible fixed assets
£ | |
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Cost | |
At 1 March 2014 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 28 February 2015 |
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Depreciation | |
At 1 March 2014 |
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Charge for the year |
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On disposals |
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At 28 February 2015 |
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Net book values | |
At 28 February 2015 | 370,000 |
At 28 February 2014 | 370,000 |
4Transactions with directors
Name of director receiving advance or credit: | ||
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Description of the transaction: | ||
Balance at 1 March 2014: | £ |
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Advances or credits made: | ||
Advances or credits repaid: | ||
Balance at 28 February 2015: | £ |
Amount owned to director Chee Whye Yip, as at 28th February 2015 is £205,689 (2014: £205,689).