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Company Registration No. 11218309 (England and Wales)
Youngman Lets Ltd Unaudited accounts for the year ended 30 April 2022
Youngman Lets Ltd Unaudited accounts Contents
Page
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Youngman Lets Ltd Company Information for the year ended 30 April 2022
Directors
Raymond Youngman Danielle Youngman
Company Number
11218309 (England and Wales)
Registered Office
15 HILL HALL THEYDON MOUNT EPPING CM16 7QQ ENGLAND
Accountants
JSM Partners Brightfield Business Hub Bakewell Road Peterborough Cambridgeshire PE2 6XU
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Youngman Lets Ltd Statement of financial position as at 30 April 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
569,763 
560,016 
Investments
461 
- 
570,224 
560,016 
Current assets
Debtors
18,130 
- 
Cash at bank and in hand
4,423 
14,962 
22,553 
14,962 
Creditors: amounts falling due within one year
(29,928)
(50,679)
Net current liabilities
(7,375)
(35,717)
Total assets less current liabilities
562,849 
524,299 
Creditors: amounts falling due after more than one year
(609,694)
(563,503)
Net liabilities
(46,845)
(39,204)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(46,847)
(39,206)
Shareholders' funds
(46,845)
(39,204)
For the year ending 30 April 2022 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 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 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 of Directors and authorised for issue on 10 August 2022 and were signed on its behalf by
Danielle Youngman Director Company Registration No. 11218309
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Youngman Lets Ltd Notes to the Accounts for the year ended 30 April 2022
1
Statutory information
Youngman Lets Ltd is a private company, limited by shares, registered in England and Wales, registration number 11218309. The registered office is 15 HILL HALL, THEYDON MOUNT, EPPING, CM16 7QQ, ENGLAND.
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:
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2021
552,933 
6,512 
1,280 
560,725 
Additions
10,874 
988 
- 
11,862 
At 30 April 2022
563,807 
7,500 
1,280 
572,587 
Depreciation
At 1 May 2021
- 
665 
44 
709 
Charge for the year
- 
1,795 
320 
2,115 
At 30 April 2022
- 
2,460 
364 
2,824 
Net book value
At 30 April 2022
563,807 
5,040 
916 
569,763 
At 30 April 2021
552,933 
5,847 
1,236 
560,016 
5
Investments
Other investments 
£ 
Valuation at 1 May 2021
- 
Additions
461 
Valuation at 30 April 2022
461 
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Youngman Lets Ltd Notes to the Accounts for the year ended 30 April 2022
6
Debtors: amounts falling due within one year
2022 
2021 
£ 
£ 
Accrued income and prepayments
1,130 
- 
Debtors: amounts falling due after more than one year
Other debtors
17,000 
- 
7
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Other creditors
8,666 
8,668 
Loans from directors
21,262 
42,011 
29,928 
50,679 
8
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
609,694 
538,503 
Other creditors
- 
25,000 
609,694 
563,503 
9
Loans to directors
During the year loans totalling £21,262.00 were received from the directors. These remain outstanding at the year end and are interest free and repayable on demand.
10
Average number of employees
During the year the average number of employees was 2 (2021: 2).
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