YC SHAFTESBURY HOLDINGS LIMITED

Company Registration Number:
13671194 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 11 October 2021

End date: 31 December 2022

YC SHAFTESBURY HOLDINGS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

YC SHAFTESBURY HOLDINGS LIMITED

Balance sheet

As at 31 December 2022


Notes

15 months to 31 December 2022


£
Called up share capital not paid: 0
Fixed assets
Intangible assets:   0
Investments: 3 2,780,000
Total fixed assets: 2,780,000
Current assets
Debtors: 4 8,867,409
Total current assets: 8,867,409
Creditors: amounts falling due within one year: 5 (1,785,222)
Net current assets (liabilities): 7,082,187
Total assets less current liabilities: 9,862,187
Creditors: amounts falling due after more than one year: 6 (7,170,359)
Total net assets (liabilities): 2,691,828
Capital and reserves
Called up share capital: 2,725,000
Other reserves: (33,172)
Shareholders funds: 2,691,828

The notes form part of these financial statements

YC SHAFTESBURY HOLDINGS LIMITED

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 25 October 2023
and signed on behalf of the board by:

Name: Andrew Thorpe
Status: Director

The notes form part of these financial statements

YC SHAFTESBURY HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

YC SHAFTESBURY HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

15 months to 31 December 2022
Average number of employees during the period 2

YC SHAFTESBURY HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Fixed investments

Investment in associate of £2,780,000.

YC SHAFTESBURY HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Debtors

15 months to 31 December 2022
£
Debtors due after more than one year: 7,170,359

YC SHAFTESBURY HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Creditors: amounts falling due within one year note

As at 31 December 2022, a loan for the amount of £26,313 was outstanding between the Company and its parent. The settlement of the loan is expected within the next 12 months from the Statement of Financial Position date.

YC SHAFTESBURY HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

6. Creditors: amounts falling due after more than one year note

As at 31 December 2022, a loan for the amount of £6,591,668 was outstanding between the Parent Company and the Company. The loan accrues interest daily. Repayment of the loan is at realisation.

YC SHAFTESBURY HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

7. Post balance sheet events

There were no known post balance sheet events.