YA Property Ltd.

YA Property Ltd.

YA PROPERTY LTD. - Company Information

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1 April 2019 false No description of principal activity Taxfiler 2020.10 10067805business:PrivateLimitedCompanyLtd2019-04-012020-03-31 100678052019-03-31 100678052019-04-012020-03-31 10067805business:AuditExemptWithAccountantsReport2019-04-012020-03-31 10067805business:FullAccounts2019-04-012020-03-31 100678052020-03-31 10067805business:Director12019-04-012020-03-31 10067805business:CompanySecretary12019-04-012020-03-31 10067805business:RegisteredOffice2019-04-012020-03-31 100678052019-03-31 10067805core:WithinOneYear2020-03-31 10067805core:WithinOneYear2019-03-31 10067805core:ShareCapital2020-03-31 10067805core:ShareCapital2019-03-31 10067805core:RetainedEarningsAccumulatedLosses2020-03-31 10067805core:RetainedEarningsAccumulatedLosses2019-03-31 10067805business:SmallEntities2019-04-012020-03-31 10067805countries:EnglandWales2019-04-012020-03-31 10067805core:ComputerEquipment2019-04-012020-03-31 10067805core:PlantMachinery2019-03-31 10067805core:PlantMachinery2019-04-012020-03-31 10067805core:PlantMachinery2020-03-31 100678052018-04-012019-03-31 iso4217:GBP xbrli:pure
Company Registration No. 10067805 (England and Wales)
YA Property Ltd. Unaudited accounts for the year ended 31 March 2020
YA Property Ltd. Unaudited accounts Contents
Page
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YA Property Ltd. Company Information for the year ended 31 March 2020
Director
Ian Young
Secretary
Mrs Wendy Young
Company Number
10067805 (England and Wales)
Registered Office
PO BOX 6272 NEWBURY BERKSHIRE RG14 9PF UNITED KINGDOM
Accountants
Juliette Tompson Juliette Tompson Accounting Limited 23 Prospect Street Caversham Reading RG4 8JB
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of YA Property Ltd. for the year ended 31 March 2020
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of YA Property Ltd. for the year ended 31 March 2020 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Juliette Tompson Chartered Management Accountants Juliette Tompson Accounting Limited 23 Prospect Street Caversham Reading RG4 8JB 28 July 2020
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YA Property Ltd. Statement of financial position as at 31 March 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
326 
1,014 
Current assets
Debtors
5
7,824 
9,132 
Cash at bank and in hand
45,754 
47,260 
53,578 
56,392 
Creditors: amounts falling due within one year
6
(54,721)
(54,127)
Net current (liabilities)/assets
(1,143)
2,265 
Net (liabilities)/assets
(817)
3,279 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
(821)
3,275 
Shareholders' funds
(817)
3,279 
For the year ending 31 March 2020 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 July 2020 and were signed on its behalf by
Ian Young Director Company Registration No. 10067805
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YA Property Ltd. Notes to the Accounts for the year ended 31 March 2020
1
Statutory information
YA Property Ltd. is a private company, limited by shares, registered in England and Wales, registration number 10067805. The registered office is PO BOX 6272, NEWBURY, BERKSHIRE, RG14 9PF, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33.3% Straight Line
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2019
2,545 
Additions
217 
At 31 March 2020
2,762 
Depreciation
At 1 April 2019
1,531 
Charge for the year
905 
At 31 March 2020
2,436 
Net book value
At 31 March 2020
326 
At 31 March 2019
1,014 
5
Debtors
2020 
2019 
£ 
£ 
Trade debtors
6,435 
7,856 
Accrued income and prepayments
1,389 
1,276 
7,824 
9,132 
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YA Property Ltd. Notes to the Accounts for the year ended 31 March 2020
6
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
Trade creditors
304 
1,231 
Taxes and social security
10,279 
9,812 
Other creditors
27,075 
37,535 
Loans from directors
16,113 
4,599 
Accruals
950 
950 
54,721 
54,127 
7
Average number of employees
During the year the average number of employees was 1 (2019: 2).
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