Y & R Investments Limited - Accounts to registrar (filleted) - small 18.2
Y & R Investments Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 4 MARCH 2019 TO 31 MAY 2020 |
FOR |
Y & R INVESTMENTS LIMITED |
Y & R INVESTMENTS LIMITED (REGISTERED NUMBER: 11857410) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 4 MARCH 2019 TO 31 MAY 2020 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
Y & R INVESTMENTS LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 4 MARCH 2019 TO 31 MAY 2020 |
DIRECTOR: |
REGISTERED OFFICE: |
BUSINESS ADDRESS: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
36 High Street |
Cleethorpes |
North East Lincs |
DN35 8JN |
Y & R INVESTMENTS LIMITED (REGISTERED NUMBER: 11857410) |
STATEMENT OF FINANCIAL POSITION |
31 MAY 2020 |
Notes | £ | £ |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Debtors | 5 |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
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 director and authorised for issue on |
Y & R INVESTMENTS LIMITED (REGISTERED NUMBER: 11857410) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 4 MARCH 2019 TO 31 MAY 2020 |
1. | STATUTORY INFORMATION |
Y & R Investments Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
Taxation |
Taxation for the period 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 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 period 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 period was |
Y & R INVESTMENTS LIMITED (REGISTERED NUMBER: 11857410) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 4 MARCH 2019 TO 31 MAY 2020 |
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
Additions |
At 31 May 2020 |
NET BOOK VALUE |
At 31 May 2020 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Amounts owed by associates |
VAT |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Directors' loan accounts | 387,080 |
Accrued expenses |
7. | RELATED PARTY DISCLOSURES |
As at 31 May 2020 the company owed the Director £387,080. No interest is payable on the loan. |