YPG DEVELOPMENTS LTD

YPG DEVELOPMENTS LTD

YPG DEVELOPMENTS LTD - Company Information

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YPG DEVELOPMENTS LTD

Company Registration Number:
09883699 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2017

Period of accounts

Start date: 01 December 2016

End date: 30 November 2017

YPG DEVELOPMENTS LTD

Contents of the Financial Statements

for the Period Ended 30 November 2017

Balance sheet
Notes

YPG DEVELOPMENTS LTD

Balance sheet

As at 30 November 2017


Notes
2017
2016


£
£
Fixed assets
Tangible assets: 2 12,328 16,438
Total fixed assets: 12,328 16,438
Current assets
Stocks: 11,900,000 570,000
Debtors:     433,639
Cash at bank and in hand: 16,449 1,979
Total current assets: 11,916,449 1,005,618
Creditors: amounts falling due within one year:   (10,899,857) (613,345)
Net current assets (liabilities): 1,016,592 392,273
Total assets less current liabilities: 1,028,920 408,711
Creditors: amounts falling due after more than one year:   (3,240) (3,288)
Total net assets (liabilities): 1,025,680 405,423
Capital and reserves
Called up share capital: 100 100
Revaluation reserve:31,025,580405,323
Shareholders funds: 1,025,680 405,423

The notes form part of these financial statements

YPG DEVELOPMENTS LTD

Balance sheet statements

For the year ending 30 November 2017 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 07 June 2018
and signed on behalf of the board by:

Name: Ming Yeung
Status: Director

The notes form part of these financial statements

YPG DEVELOPMENTS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

YPG DEVELOPMENTS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2017

2. Tangible Assets

Total
Cost £
At 01 December 2016 21,917
At 30 November 2017 21,917
Depreciation
At 01 December 2016 5,479
Charge for year 4,110
At 30 November 2017 9,589
Net book value
At 30 November 2017 12,328
At 30 November 2016 16,438

YPG DEVELOPMENTS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2017

3. Revaluation reserve

2017
£
Balance at 01 December 2016 405,323
Surplus or deficit after revaluation 620,257
Balance at 30 November 2017 1,025,580