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Company Registration No. 13719240 (England and Wales)
YGO INVESTMENTS LTD Unaudited accounts for the year ended 30 November 2023
YGO INVESTMENTS LTD Unaudited accounts Contents
Page
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YGO INVESTMENTS LTD Company Information for the year ended 30 November 2023
Directors
G Bamberger J Bamberger
Company Number
13719240 (England and Wales)
Registered Office
15 ALBA GARDENS LONDON NW11 9NS ENGLAND
Accountants
SQK Accountancy Limited 275 Deansgate Manchester North West England M3 4EL
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YGO INVESTMENTS LTD Accountants' report
Accountants' report to the board of directors of YGO INVESTMENTS LTD on the preparation of the unaudited statutory accounts for the year ended 30 November 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of YGO INVESTMENTS LTD for the year ended 30 November 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of YGO INVESTMENTS LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of YGO INVESTMENTS LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than YGO INVESTMENTS LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that YGO INVESTMENTS LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of YGO INVESTMENTS LTD. You consider that YGO INVESTMENTS LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of YGO INVESTMENTS LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
SQK Accountancy Limited 275 Deansgate Manchester North West England M3 4EL 6 January 2024
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YGO INVESTMENTS LTD Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
550,000 
201,460 
Current assets
Debtors
76,457 
74,937 
Cash at bank and in hand
18,307 
51,548 
94,764 
126,485 
Creditors: amounts falling due within one year
(314,116)
(154,493)
Net current liabilities
(219,352)
(28,008)
Total assets less current liabilities
330,648 
173,452 
Creditors: amounts falling due after more than one year
(163,761)
(163,761)
Net assets
166,887 
9,691 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
151,503 
- 
Profit and loss account
15,284 
9,591 
Shareholders' funds
166,887 
9,691 
For the year ending 30 November 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 8 January 2024 and were signed on its behalf by
G Bamberger Director Company Registration No. 13719240
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YGO INVESTMENTS LTD Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
YGO INVESTMENTS LTD is a private company, limited by shares, registered in England and Wales, registration number 13719240. The registered office is 15 ALBA GARDENS, LONDON, NW11 9NS, 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
2023 
£ 
Fair value at 1 December 2022
201,460 
Additions
197,037 
Net gain from fair value adjustments
151,503 
At 30 November 2023
550,000 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
76,457 
74,937 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
1,702 
2,250 
Other creditors
312,414 
152,243 
314,116 
154,493 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
163,761 
163,761 
Aggregate of amounts that fall due for payment after five years
- 
163,761 
The amount of £163,761 is secured against the properties owned by the company.
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YGO INVESTMENTS LTD Notes to the Accounts for the year ended 30 November 2023
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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