Registered number
12387164
YZ PROPERTIES LIMITED
Filleted Accounts
31 January 2023
YZ PROPERTIES LIMITED
Registered number: 12387164
Balance Sheet
as at 31 January 2023
Notes 2023 2022
£ £
Fixed assets
Investments 3 273,943 273,943
Current assets
Debtors 4 2,350 2,350
Cash at bank and in hand 548 5,619
2,898 7,969
Creditors: amounts falling due within one year 5 (266,581) (274,989)
Net current liabilities (263,683) (267,020)
Net assets 10,260 6,923
Capital and reserves
Called up share capital 100 100
Profit and loss account 10,160 6,823
Shareholder's funds 10,260 6,923
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Yang-Fan Zhou
Director
Approved by the board on 18 October 2023
YZ PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 January 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Investment property
Investment property is shown at most recent valuations. Any aggregagate surplus or deficit arising from changes in fair value is recognised in the profit and loss account.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Investment property
Other
investments
£
At cost
At 1 February 2022 273,943
At 31 January 2023 273,943
4 Debtors 2023 2022
£ £
Other debtors 2,350 2,350
5 Creditors: amounts falling due within one year 2023 2022
£ £
Taxation and social security costs 1,252 2,069
Director's Loan Account 262,259 269,970
Other creditors 2,350 2,350
Accruals 720 600
266,581 274,989
6 Other information
YZ PROPERTIES LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
15 Abbotsleigh Avenue,
Manchester
M23 9RP
YZ PROPERTIES LIMITED 12387164 false 2022-02-01 2023-01-31 2023-01-31 VT Final Accounts October 2023 Yang-Fan Zhou No description of principal activity 12387164 2021-02-01 2022-01-31 12387164 core:WithinOneYear 2022-01-31 12387164 core:ShareCapital 2022-01-31 12387164 core:RetainedEarningsAccumulatedLosses 2022-01-31 12387164 2022-02-01 2023-01-31 12387164 bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 12387164 bus:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 12387164 bus:Director40 2022-02-01 2023-01-31 12387164 countries:England 2022-02-01 2023-01-31 12387164 bus:FRS102 2022-02-01 2023-01-31 12387164 bus:FullAccounts 2022-02-01 2023-01-31 12387164 2023-01-31 12387164 core:WithinOneYear 2023-01-31 12387164 core:ShareCapital 2023-01-31 12387164 core:RetainedEarningsAccumulatedLosses 2023-01-31 12387164 2022-01-31 iso4217:GBP xbrli:pure