Company Registration No. 11277744 (England and Wales)
YESCHI INVESTMENT LTD.
Unaudited accounts
for the year ended 30 April 2023
YESCHI INVESTMENT LTD.
Company Information
for the year ended 30 April 2023
Directors
Ebere Nicodemus Oduaro
Queen Oduaro
Company Number
11277744 (England and Wales)
Registered Office
59A QUEENS ROAD
KEYNSHAM
BRISTOL
BS31 2NQ
UNITED KINGDOM
Accountants
AL Accounting Solutions Limited
Chartered Certified Accountants
21A Brighton Road
South Croydon
Croydon
CR2 6EA
YESCHI INVESTMENT LTD.
Statement of financial position
as at 30 April 2023
Investment property
640,239
640,239
Cash at bank and in hand
875
2,325
Creditors: amounts falling due within one year
(1,823)
(1,110)
Net current (liabilities)/assets
(948)
1,215
Total assets less current liabilities
639,291
641,454
Creditors: amounts falling due after more than one year
(638,304)
(648,311)
Net assets/(liabilities)
987
(6,857)
Called up share capital
100
100
Profit and loss account
887
(6,957)
Shareholders' funds
987
(6,857)
For the year ending 30 April 2023 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 6 September 2023 and were signed on its behalf by
Queen Oduaro
Director
Company Registration No. 11277744
YESCHI INVESTMENT LTD.
Notes to the Accounts
for the year ended 30 April 2023
YESCHI INVESTMENT LTD. is a private company, limited by shares, registered in England and Wales, registration number 11277744. The registered office is 59A QUEENS ROAD, KEYNSHAM, BRISTOL, BS31 2NQ, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 May 2022
640,239
Investment is stated at cost including stamp duty for 3 residential properties
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
208
-
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
439,708
439,708
Loans from directors
198,596
208,603
Bank loans; represent three mortgage balances as provided nearest to report date
Loan from directors; represent funds injections by the two directors
YESCHI INVESTMENT LTD.
Notes to the Accounts
for the year ended 30 April 2023
Allotted, called up and fully paid:
60 Ordinary shares - E N Oduaro of £1 each
60
60
40 Ordinary shares - I Q Oduaro of £1 each
40
40
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).