Yucel Investments Limited - Accounts to registrar (filleted) - small 18.2

Yucel Investments Limited - Accounts to registrar (filleted) - small 18.2

YUCEL INVESTMENTS LIMITED - Company Information

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REGISTERED NUMBER: 04547416 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2018

for

YUCEL INVESTMENTS LIMITED
YUCEL INVESTMENTS LIMITED (REGISTERED NUMBER: 04547416)

Contents of the Financial Statements
for the Year Ended 31 December 2018










Page

Company information 1

Balance sheet 2

Notes to the financial statements 3


YUCEL INVESTMENTS LIMITED

Company Information
for the Year Ended 31 December 2018







Directors: P Izzet
M H G Van Eijsden





Secretary: P Izzet





Registered office: New Derwent House
69-73 Theobalds Road
London
WC1X 8TA





Registered number: 04547416 (England and Wales)





Accountants: Haines Watts (Westbury) LLP
South Entrance
3rd Floor
37 - 41 Bedford Row
London
WC1R 4JH
Page 1
YUCEL INVESTMENTS LIMITED (REGISTERED NUMBER: 04547416)

Balance Sheet
31 December 2018

2018 2017
Notes £    £    £    £   
Fixed assets
Tangible assets 4 527,076 527,076

Current assets
Debtors 5 72,222 58,547
Cash at bank 1,416 657
73,638 59,204
Creditors
Amounts falling due within one year 6 379,380 381,131
Net current liabilities (305,742 ) (321,927 )
Total assets less current liabilities 221,334 205,149

Capital and reserves
Called up share capital 7 200 200
Retained earnings 221,134 204,949
Shareholders' funds 221,334 205,149

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2018 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 applicable to companies subject to the small companies regime.

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 13 September 2019 and were signed on its behalf
by:





P Izzet - Director


The notes form part of these financial statements

Page 2
YUCEL INVESTMENTS LIMITED (REGISTERED NUMBER: 04547416)

Notes to the Financial Statements
for the Year Ended 31 December 2018


1. Statutory information

Yucel Investments 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and
Retained Earnings, 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 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 NIL (2017 - 2 ).

4. Tangible fixed assets
Land and
buildings
£   
Cost
At 1 January 2018
and 31 December 2018 527,076
Net book value
At 31 December 2018 527,076
At 31 December 2017 527,076

Page 3
YUCEL INVESTMENTS LIMITED (REGISTERED NUMBER: 04547416)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2018


5. Debtors: amounts falling due within one year
2018 2017
£    £   
Trade debtors 64,618 53,118
Amounts owed by group undertakings 7,604 5,220
Other debtors - 209
72,222 58,547

6. Creditors: amounts falling due within one year
2018 2017
£    £   
Taxation and social security 4,192 8,456
Other creditors 375,188 372,675
379,380 381,131

7. Called up share capital



Allotted, issued and fully paid:
Number: Class: Nominal 2018 2017
value: £    £   
100 Ordinary £1 100 100
100 Ordinary A £1 100 100
200 200

Page 4