OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2024-12-31-accounts

Registered number CE027537

Yellowsun

Report and Accounts

31 December 2024

Yellowsun Registered number: CE027537 Trustees' Report

The Trustees present their report and accounts for the year ended 31 December 2024.

Principal activities

The company's principal activity during the year continued to be The relief of the physical and mental sickness of persons in need by reason of depression and domestic violence, in particular by the provision of counselling and support, including signposting to other services, and by any other means as the trustees in their discretion shall determine. To promote social inclusion for the public benefit by preventing people from becoming socially excluded.

Trustees

The following persons served as Trustees during the year:

Maureen OKE Nicole VERDOES Ruth EBOLE

Political donations

None

Third party indemnity provisions

Not applicable

Employment of disabled persons

The CIO has an Equal Opportunities Policy

Small company provisions

This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board on 28 October 2025 and signed on its behalf.

Maureen OKE Trustee

1

Yellowsun Accountants' Report

Accountants' report to the directors of Yellowsun

You consider that the company is exempt from an audit for the year ended 31 December 2024. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.

In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.

We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

Crownking Accounting Services International Accountants

Breakspear Park (REGUS) 36 Breakspear Way Hemel Hempstead Herts HP2 4TZ

29 October 2025

2

Yellowsun

Profit and Loss Account for the year ended 31 December 2024

Turnover
Cost of sales
Gross loss
Distribution costs
Administrative expenses
Other operating income
Operating loss
Profit on the disposal of tangible fixed assets
Profit on the disposal of investments
Gain on revaluation of investments
Income from investments
Interest receivable
Interest payable
Loss before taxation
Tax on loss
Loss for the financial year
2024
£
-
(209)
(209)
-
(1,365)
1,400
(174)
-
-
-
-
-
-
(174)
-
(174)

3

CE027537

Yellowsun Registered number: Balance Sheet as at 31 December 2024

Notes
Fixed assets
Tangible assets
5
Current assets
Debtors
7
Cash at bank and in hand
Creditors: amounts falling due
within one year
9
Net current liabilities
Total assets less current
liabilities
Creditors: amounts falling due
after more than one year
10
Provisions for liabilities
Net liabilities
Capital and reserves
Profit and loss account
Shareholder's funds
-
1
2024
£
-
(174)
-
-
(174)
(174)
(174)

The Trustees are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The member has not required the company to obtain an audit in accordance with section 476 of the Act.

The Trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

Maureen OKE Director Approved by the board on 28 October 2025

4

Yellowsun Notes to the Accounts for the year ended 31 December 2024

1 Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Tangible fixed assets

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Plant and machinery over 5 years Fixtures, fittings, tools and equipment over 5 years

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Taxation

A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

5

Yellowsun Notes to the Accounts for the year ended 31 December 2024

Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Pensions

Contributions to defined contribution plans are expensed in the period to which they relate.

3
Employees
Average number of persons employed by the company
5
Tangible fixed assets
Land and
buildings
Plant and
machinery
etc
£
£
Cost
At 1 January 2024
-
-
Additions
-
-
Surplus on revaluation
-
-
Disposals
-
-
At 31 December 2024
-
-
Depreciation
At 1 January 2024
-
-
Charge for the year
-
-
Surplus on revaluation
-
-
On disposals
-
-
At 31 December 2024
-
-
Net book value
At 31 December 2024
-
-
At 31 December 2023
-
-
2024
Number
0
Motor
vehicles
Total
£
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-

6

Yellowsun

Notes to the Accounts for the year ended 31 December 2024

7
Debtors
Trade debtors
Deferred tax asset
Other debtors
Amounts due after more than one year included above
9
Creditors: amounts falling due within one year
Non-equity preference shares
Bank loans and overdrafts
Obligations under finance lease and hire purchase contracts
Trade creditors
Taxation and social security costs
Other creditors
10 Creditors: amounts falling due after one year
Non-equity preference shares
Bank loans
Obligations under finance lease and hire purchase contracts
Trade creditors
Other creditors
Amounts owed by group undertakings and undertakings in which
the company has a participating interest
Amounts owed to group undertakings and undertakings in which
the company has a participating interest
Amounts owed to group undertakings and undertakings in which
the company has a participating interest
2024
£
-
-
-
-
-
-
2024
£
-
-
-
-
-
-
175
175
2024
£
-
-
-
-
-
-
-

23 Other information

Yellowsun is a private company limited by shares and incorporated in England. Its registered office is:

20 Baxendale

Whetstone London N20 0EG

7

Yellowsun

Detailed profit and loss account for the year ended 31 December 2024

This schedule does not form part of the statutory accounts

Sales
Cost of sales
Gross loss
Distribution costs
Administrative expenses
Other operating income
Operating loss
Profit on the disposal of tangible fixed assets
Profit on the disposal of investments
Gain on revaluation of investments
Income from investments
Interest receivable
Interest payable
Loss before tax
2024
£
-
(209)
(209)
-
(1,365)
1,400
(174)
-
-
-
-
-
-
(174)

8

Yellowsun

Detailed profit and loss account for the year ended 31 December 2024

This schedule does not form part of the statutory accounts

Sales
Sales
Cost of sales
Purchases
Decrease/increase in stocks
Subcontractor costs
Direct labour
Carriage
Discounts allowed
Commissions payable
Other direct costs
Distribution costs
Distribution costs
Administrative expenses
Employee costs:
Wages and salaries
Directors' salaries
Pensions
Bonuses
Employer's NI
Temporary staff and recruitment
Staff training and welfare
Travel and subsistence
Motor expenses
Entertaining
Premises costs:
Rent
Rates
Service charges
Light and heat
Cleaning
Use of home
General administrative expenses:
Telephone and internet
Postage
Stationery and printing
Courier services
Information and publications
Subscriptions
Bank charges
Insurance
2024
£
-
-
209
-
-
-
-
-
-
-
209
-
-
-
-
-
-
-
-
-
368
-
-
368
-
-
-
-
-
156
156
96
-
122
-
42
-
-
-

9

Yellowsun

Detailed profit and loss account for the year ended 31 December 2024

This schedule does not form part of the statutory accounts

Equipment expensed
Equipment hire
Software
Repairs and maintenance
Depreciation
Amortisation of goodwill
Bad debts
Sundry expenses
Legal and professional costs:
Audit fees
Accountancy fees
Solicitors fees
Consultancy fees
Management fees
Advertising and PR
Other legal and professional
Other operating income
Other operating income
2024
£
288
-
-
-
-
-
-
-
548
-
175
-
-
-
118
-
293
1,365
1,400
1,400

10

Yellowsun
Corporation tax computation
Tax reference
Period beginning
1/01/24
Period ending
31/12/24
Accounts period beginning
1/01/24
Accounts period ending
31/12/24
Adjustment of trading profits
£
Loss before tax per the accounts
(174)
Add back disallowable expenses
Entertainment
-
Legal & professional fees
-
Parking fines
-
Donations
-
Depreciation and (profit)/loss on sale of assets
-
Other
-
Capital allowances
-
Add back dividends payable on non-equity shares included in interest payable
-
Deduct non-trading income
Interest receivable
-
Property income
-
Loss on revaluation of investments
-
Exempt dividends/distributions received
-
Other income not taxable
-
Other adjustments
Finance lease adjustments
-
Leased cars
-
Other operating lease adjustments
-
Adjusted trading loss
(174)
Taxable profits
£
Trading loss
(174)
Losses utilised
-
(174)
Interest receivable
-
Rental income
-
Net chargeable gains
-
Less: qualifying donations to UK charities
-
Taxable loss
(174)
Yellowsun
Corporation tax computation
Tax reference
Period beginning
1/01/24
Period ending
31/12/24
Accounts period beginning
1/01/24
Accounts period ending
31/12/24
Adjustment of trading profits
£
Loss before tax per the accounts
(174)
Add back disallowable expenses
Entertainment
-
Legal & professional fees
-
Parking fines
-
Donations
-
Depreciation and (profit)/loss on sale of assets
-
Other
-
Capital allowances
-
Add back dividends payable on non-equity shares included in interest payable
-
Deduct non-trading income
Interest receivable
-
Property income
-
Loss on revaluation of investments
-
Exempt dividends/distributions received
-
Other income not taxable
-
Other adjustments
Finance lease adjustments
-
Leased cars
-
Other operating lease adjustments
-
Adjusted trading loss
(174)
Taxable profits
£
Trading loss
(174)
Losses utilised
-
(174)
Interest receivable
-
Rental income
-
Net chargeable gains
-
Less: qualifying donations to UK charities
-
Taxable loss
(174)
1/01/24
31/12/24
1/01/24
31/12/24
£
(174)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
(174)
(174)

Days in accounting period falling in each tax year

Tax year

Days falling in tax year Basis days

11

Yellowsun
Corporation tax computation
2023
2024
91
366
275
366
366
Marginal rate relief calculation
Ass Taxable Augmented
Tax year co's Fraction Lower Limit Upper Limit profit profit Relief
2023 0 3/200 12,431.69 62,158.47 - (43.26) -
2024 0 3/200 37,568.31 187,841.53 - (130.74) -
50,000.00 250,000.00 - (174.00) -

Corporation tax payable

Corporation tax payable
Tax year
2023
2024
Corporation tax payable
Marginal rate relief
Corporation tax payable net of marginal rate relief
Taxable
profit
Tax rate
Corp Tax
-
19%
-
-
19%
-
-
-
-
-
-
-
-

12

Yellowsun
Capital allowances
Tax reference
Period beginning
Period ending
Summary
General pool
Special rate pool
Short term asset pools
Total capital allowances
General Pool
Written down value brought forward
Disposal receipts
Balancing allowance
Balancing charge
Expenditure qualifying for writing down allowance
Relevant first year expenditure
Other expenditure qualifying for first year allowance
Expenditure qualifying for annual investment allowance
FYA in respect of relevant FYA expenditure
Other first year allowances
Annual investment allowance
Writing down allowance
Written down value carried forward
Special rate pool
Written down value brought forward
Disposal receipts
Balancing allowance
Balancing charge
Thermal installation expenditure
Integral feature expenditure
Expenditure on a car that is not a main rate car
Expenditure on cushion gas
Expenditure qualifying for annual investment allowance
Annual investment allowance
Writing down allowance
Written down value carried forward
Total of short life asset pools
Number of single asset pools
Written down value brought forward
Disposal receipts
-
-
-
-
1/01/24
31/12/24
£
-
-
-
-
£
-
-
-
-
-
-
-
-
-
-
-
-
-
£
-
-
-
-
-
-
-
-
-
-
-
-
-
£
-
-

13

Yellowsun
Capital allowances
Balancing allowances
Balancing charges
Expenditure qualifying for written down allowance
Relevant first year expenditure
Other expenditure qualifying for first year allowance
Expenditure qualifying for annual investment allowance
FYA in respect of relevant FYA expenditure
Other FYA
Annual investment allowances
Writing down allowances
Written down value carried forward
-
-
-
-
-
-
-
-
-
-
-
-
-

14