YS ESTATES LTD - Accounts 2013


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 30/11/2013

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 08280974


Registered Number: 08280974

BALANCE SHEET AT 30/11/2013

			2013
	Notes		£

FIXED ASSETS
Tangible assets	2		625,000

CURRENT ASSETS
Debtors (amounts falling due within one year)		1,235
Cash at bank and in hand		4,955
		6,190
CREDITORS: Amounts falling due within one year		433,216
NET CURRENT LIABILITIES			(427,026)
TOTAL ASSETS LESS CURRENT LIABILITIES			197,974

CAPITAL AND RESERVES

Called up share capital	3		100
Revaluation reserve	1e,4		208,517
Profit and loss account			(10,643)
SHAREHOLDERS' FUNDS			197,974

For the year ending 30/11/2013 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the board on 04/07/2014 and signed on their behalf by




Menachem Landau
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).




1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).




1c. Investment Properties

Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.




1d. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




1e. Revaluation Reserve
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 4).
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account.




3. SHARE CAPITAL				2013
				£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each				100
				100

New shares issued during period:
100 Ordinary shares of £1 each				100
				100