1 January 2022 false No description of principal activity Taxfiler 2023.9 12952632business:PrivateLimitedCompanyLtd2022-01-012022-12-31 129526322021-12-31 129526322022-01-012022-12-31 12952632business:AuditExempt-NoAccountantsReport2022-01-012022-12-31 12952632business:FilletedAccounts2022-01-012022-12-31 129526322022-12-31 12952632business:Director12022-01-012022-12-31 12952632business:RegisteredOffice2022-01-012022-12-31 129526322021-12-31 12952632core:WithinOneYear2022-12-31 12952632core:WithinOneYear2021-12-31 12952632core:AfterOneYear2022-12-31 12952632core:AfterOneYear2021-12-31 12952632core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 12952632core:ShareCapitalcore:PreviouslyStatedAmount2021-12-31 12952632core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 12952632core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2021-12-31 12952632core:PreviouslyStatedAmount2022-12-31 12952632core:PreviouslyStatedAmount2021-12-31 12952632business:SmallEntities2022-01-012022-12-31 12952632countries:EnglandWales2022-01-012022-12-31 129526322020-10-152021-12-31 iso4217:GBP xbrli:pure
Company Registration No. 12952632 (England and Wales)
10 YOUNGS ROAD LTD Unaudited accounts for the year ended 31 December 2022
10 YOUNGS ROAD LTD Unaudited accounts Contents
Page
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10 YOUNGS ROAD LTD Company Information for the year ended 31 December 2022
Director
Sutharsan Gopalan
Company Number
12952632 (England and Wales)
Registered Office
20-22 WENLOCK ROAD LONDON N1 7GU ENGLAND
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10 YOUNGS ROAD LTD Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Investment property
383,836 
383,836 
Current assets
Cash at bank and in hand
5,360 
5,965 
Creditors: amounts falling due within one year
(669)
(669)
Net current assets
4,691 
5,296 
Total assets less current liabilities
388,527 
389,132 
Creditors: amounts falling due after more than one year
(387,500)
(387,500)
Net assets
1,027 
1,632 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
1,026 
1,631 
Shareholders' funds
1,027 
1,632 
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 30 September 2023 and were signed on its behalf by
Sutharsan Gopalan Director Company Registration No. 12952632
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10 YOUNGS ROAD LTD Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
10 YOUNGS ROAD LTD is a private company, limited by shares, registered in England and Wales, registration number 12952632. The registered office is 20-22 WENLOCK ROAD, LONDON, N1 7GU, 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.
4
Investment property
2022 
£ 
Fair value at 1 January 2022
383,836 
At 31 December 2022
383,836 
5
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade creditors
- 
286 
Taxes and social security
- 
383 
Loans from directors
669 
- 
669 
669 
6
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
277,500 
277,500 
Loans from directors
110,000 
110,000 
387,500 
387,500 
7
Average number of employees
During the year the average number of employees was 1 (2021: 1).
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