Love Yogi Ltd - Accounts to registrar - small 17.1

Love Yogi Ltd - Accounts to registrar - small 17.1


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REGISTERED NUMBER: 09572526(England and Wales)















Unaudited Financial Statements for the Year Ended 5 April 2017

for

Love Yogi Ltd

Love Yogi Ltd (Registered number: 09572526)






Contents of the Financial Statements
for the Year Ended 5 April 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Love Yogi Ltd

Company Information
for the Year Ended 5 April 2017







DIRECTOR: Ms J H Lewins





SECRETARY:





REGISTERED OFFICE: 73 Oldfield Drive
Vicars Cross
Chester
CH3 5LT





REGISTERED NUMBER: 09572526(England and Wales)





ACCOUNTANTS: Henderson-Smith Associates Limited
5 Granville Close
Havant
Hampshire
PO9 2TR

Love Yogi Ltd (Registered number: 09572526)

Balance Sheet
5 April 2017

5.4.17 5.4.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,200 1,500

CURRENT ASSETS
Debtors 5 - 1,500
Cash at bank 8,212 5,913
8,212 7,413
CREDITORS
Amounts falling due within one year 6 7,466 7,908
NET CURRENT ASSETS/(LIABILITIES) 746 (495 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,946

1,005

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 1,945 1,004
SHAREHOLDERS' FUNDS 1,946 1,005

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 11 April 2017and were signed by:





Ms J H Lewins- Director


Love Yogi Ltd (Registered number: 09572526)

Notes to the Financial Statements
for the Year Ended 5 April 2017

1. STATUTORY INFORMATION

Love Yogi Ltd 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.
Office furniture - 20% on reducing balance
Computer equipment - 20% 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 that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet 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. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2.

Love Yogi Ltd (Registered number: 09572526)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2017

4. TANGIBLE FIXED ASSETS
Office Computer
furniture equipment Totals
£    £    £   
COST
At 6 April 2016
and 5 April 2017 225 1,650 1,875
DEPRECIATION
At 6 April 2016 45 330 375
Charge for year 36 264 300
At 5 April 2017 81 594 675
NET BOOK VALUE
At 5 April 2017 144 1,056 1,200
At 5 April 2016 180 1,320 1,500

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.17 5.4.16
£    £   
Trade debtors - 1,500

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.17 5.4.16
£    £   
Tax 1,559 2,376
Directors' current accounts 5,582 5,419
Accrued expenses 325 113
7,466 7,908

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Ms J H Lewins.