REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 December 2021 |
for |
YUPELET 2 LTD |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 December 2021 |
for |
YUPELET 2 LTD |
YUPELET 2 LTD (REGISTERED NUMBER: 06624281) |
Contents of the Financial Statements |
for the Year Ended 31 December 2021 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
YUPELET 2 LTD |
Company Information |
for the Year Ended 31 December 2021 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
trading as Graham & Company |
Chartered Certified Accountants |
& Business Advisers |
Cleveland House |
1-10 Sitwell Street |
KINGSTON UPON HULL |
East Yorkshire |
HU8 7BE |
YUPELET 2 LTD (REGISTERED NUMBER: 06624281) |
Balance Sheet |
31 December 2021 |
2021 | 2020 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 9 |
Revaluation reserve | 10 |
Capital redemption reserve | 10 |
Retained earnings | 10 |
SHAREHOLDERS' FUNDS |
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. |
YUPELET 2 LTD (REGISTERED NUMBER: 06624281) |
Balance Sheet - continued |
31 December 2021 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
YUPELET 2 LTD (REGISTERED NUMBER: 06624281) |
Notes to the Financial Statements |
for the Year Ended 31 December 2021 |
1. | STATUTORY INFORMATION |
YUPELET 2 LTD is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents net invoiced sales of goods and services, excluding value added tax. |
Tangible fixed assets |
Investment properties and their contents are reviewed on an annual basis and revalued, where appropriate, so that they are shown on the balance sheet at their open market value. The valuations are carried out by the company's director. In accordance with Statement of Standard Accounting Practice Number 19, depreciation is only provided in respect of a permanent fall in the value of the company's investment assets . These assets are held for their investment potential and the director considers that the adoption of this policy is necessary in order to give a true and fair view. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
Freehold | and |
property | fittings | Totals |
£ | £ | £ |
COST OR VALUATION |
At 1 January 2021 |
and 31 December 2021 |
DEPRECIATION |
At 1 January 2021 |
and 31 December 2021 |
NET BOOK VALUE |
At 31 December 2021 |
At 31 December 2020 |
YUPELET 2 LTD (REGISTERED NUMBER: 06624281) |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2021 |
4. | TANGIBLE FIXED ASSETS - continued |
Cost or valuation at 31 December 2021 is represented by: |
Fixtures |
Freehold | and |
property | fittings | Totals |
£ | £ | £ |
Valuation in 2017 | 452,326 | - | 452,326 |
Valuation in 2012 | 982,356 | - | 982,356 |
Cost | 2,495,318 | 195,540 | 2,690,858 |
3,930,000 | 195,540 | 4,125,540 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2021 | 2020 |
£ | £ |
Trade debtors |
Other debtors |
Prepayments |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2021 | 2020 |
£ | £ |
Bank loans and overdrafts (see note 8) |
Trade creditors |
Corporation tax |
Other creditors |
Accrued expenses |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2021 | 2020 |
£ | £ |
Bank loans (see note 8) |
Other loans (see note 8) |
Amounts falling due in more than five years: |
Repayable otherwise than by instalments |
Property mortgages |
Repayable by instalments |
Bank loans payable in more than five years |
- |
7,500 |
YUPELET 2 LTD (REGISTERED NUMBER: 06624281) |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2021 |
8. | LOANS |
An analysis of the maturity of loans is given below: |
2021 | 2020 |
£ | £ |
Amounts falling due within one year or on demand: |
Bank loans payable in less |
than one year |
Amounts falling due between one and two years: |
Bank loans payable in one to two years |
Amounts falling due between two and five years: |
Bank loans payable in two to five years |
Amounts falling due in more than five years: |
Repayable otherwise than by instalments |
Property mortgages | 2,633,569 | 2,633,553 |
Repayable by instalments |
Bank loans payable in more than five years |
- |
7,500 |
9. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2021 | 2020 |
value: | £ | £ |
Ordinary | £1 | 50 | 50 |
10. | RESERVES |
Capital |
Retained | Revaluation | redemption |
earnings | reserve | reserve | Totals |
£ | £ | £ | £ |
At 1 January 2021 | 1,465,868 |
Profit for the year |
Dividends | ( |
) | ( |
) |
At 31 December 2021 | 1,455,750 |