YZ Homes Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07226190

Abbreviated Unaudited Accounts for the Year Ended 30 April 2016

for

YZ Homes Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr Y Zubaidy

REGISTERED OFFICE:

No.2 Lawrence Avenue

New Malden

Surrey

KT3 5LY

REGISTERED NUMBER:

07226190

ACCOUNTANTS:

Williams Chartered Accountants

Jade House

67 Park Royal Road

London

NW10 7JJ

FIXED ASSETS

Tangible assets

2

17,536

9,915

CURRENT ASSETS

Debtors

78,774

34,198

Cash at bank and in hand

1,357

1,033

80,131

35,231

CREDITORS

Amounts falling due within one year

70,065

29,528

NET CURRENT ASSETS

10,066

5,703

TOTAL ASSETS LESS CURRENT
LIABILITIES

27,602

15,618

CREDITORS

Amounts falling due after more than one
year

11,781

-

NET ASSETS

15,821

15,618

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

15,820

15,617

SHAREHOLDERS' FUNDS

15,821

15,618

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 27 July 2016 and were signed by:

Mr Y Zubaidy - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

15% on reducing balance

Office equipment

-

15% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

18,604

Additions

20,974

Disposals

(18,744

)

At 30 April 2016

20,834

DEPRECIATION

At 1 May 2015

8,689

Charge for year

2,828

Eliminated on disposal

(8,219

)

At 30 April 2016

3,298

NET BOOK VALUE

At 30 April 2016

17,536

At 30 April 2015

9,915

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

1

Ordinary Share Capital

1