Unaudited Financial Statements

for the Year Ended 31 December 2017

for

YDE Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs A Edwards

R A Young

Miss A E Ace

REGISTERED OFFICE:

8/10 South Street

Epsom

Surrey

KT18 7PF

REGISTERED NUMBER:

09204405 (England and Wales)

ACCOUNTANTS:

Williams & Co

Chartered Accountants

8-10 South Street

Epsom

Surrey

KT18 7PF

FIXED ASSETS

Investments

3

3,355,351

2,625,590

CURRENT ASSETS

Debtors

4

549

4,389

Cash at bank

161

-

710

4,389

CREDITORS

Amounts falling due within one year

5

745,260

679,318

NET CURRENT LIABILITIES

(744,550

)

(674,929

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,610,801

1,950,661

CAPITAL AND RESERVES

Called up share capital

6

730

730

Retained earnings

2,610,071

1,949,931

SHAREHOLDERS' FUNDS

2,610,801

1,950,661

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 12 April 2018 and were signed on its behalf by:

R A Young - Director

1.	STATUTORY INFORMATION

YDE 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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2017

2,625,590

Additions

729,761

At 31 December 2017

3,355,351

NET BOOK VALUE

At 31 December 2017

3,355,351

At 31 December 2016

2,625,590

The company's investments at the Statement of Financial Position date in the share capital of

companies include the following:

BIBRA Toxicology Advice & Consulting Limited

Registered office:

Nature of business: Consulting and research

%

Class of shares:

holding

Ordinary

77.00

2017

2016

£

£

Aggregate capital and reserves

730,761

772,585

Profit for the year

618,376

832,683

4.

DEBTORS

2017

2016

£

£

Amounts falling due within one year:

Amounts owed by group undertakings

-

3,659

Amounts falling due after more than one year:

Other debtors

549

730

Aggregate amounts

549

4,389

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Amounts owed to group undertakings

318,054

-

Other creditors

427,206

679,318

745,260

679,318

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

730

Ordinary

£1

730

730

7.	ULTIMATE CONTROLLING PARTY

The company is under the control of the the Board of Directors.