2022-04-012023-03-312023-03-31false10583093YMF ESTATES LTD2024-03-1268100iso4217:GBPxbrli:pure105830932022-04-01105830932023-03-31105830932022-04-012023-03-31105830932021-04-01105830932022-03-31105830932021-04-012022-03-3110583093bus:SmallEntities2022-04-012023-03-3110583093bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3110583093bus:FullAccounts2022-04-012023-03-3110583093bus:PrivateLimitedCompanyLtd2022-04-012023-03-3110583093core:WithinOneYear2023-03-3110583093core:AfterOneYear2023-03-3110583093core:WithinOneYear2022-03-3110583093core:AfterOneYear2022-03-3110583093core:ShareCapital2023-03-3110583093core:SharePremium2023-03-3110583093core:RevaluationReserve2023-03-3110583093core:OtherReservesSubtotal2023-03-3110583093core:RetainedEarningsAccumulatedLosses2023-03-3110583093core:ShareCapital2022-03-3110583093core:SharePremium2022-03-3110583093core:RevaluationReserve2022-03-3110583093core:OtherReservesSubtotal2022-03-3110583093core:RetainedEarningsAccumulatedLosses2022-03-3110583093core:LandBuildings2023-03-3110583093core:PlantMachinery2023-03-3110583093core:Vehicles2023-03-3110583093core:FurnitureFittings2023-03-3110583093core:OfficeEquipment2023-03-3110583093core:NetGoodwill2023-03-3110583093core:IntangibleAssetsOtherThanGoodwill2023-03-3110583093core:ListedExchangeTraded2023-03-3110583093core:UnlistedNon-exchangeTraded2023-03-3110583093core:LandBuildings2022-03-3110583093core:PlantMachinery2022-03-3110583093core:Vehicles2022-03-3110583093core:FurnitureFittings2022-03-3110583093core:OfficeEquipment2022-03-3110583093core:NetGoodwill2022-03-3110583093core:IntangibleAssetsOtherThanGoodwill2022-03-3110583093core:ListedExchangeTraded2022-03-3110583093core:UnlistedNon-exchangeTraded2022-03-3110583093core:LandBuildings2022-04-012023-03-3110583093core:PlantMachinery2022-04-012023-03-3110583093core:Vehicles2022-04-012023-03-3110583093core:FurnitureFittings2022-04-012023-03-3110583093core:OfficeEquipment2022-04-012023-03-3110583093core:NetGoodwill2022-04-012023-03-3110583093core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3110583093core:ListedExchangeTraded2022-04-012023-03-3110583093core:UnlistedNon-exchangeTraded2022-04-012023-03-3110583093core:MoreThanFiveYears2022-04-012023-03-3110583093core:Non-currentFinancialInstruments2023-03-3110583093core:Non-currentFinancialInstruments2022-03-3110583093dpl:CostSales2022-04-012023-03-3110583093dpl:DistributionCosts2022-04-012023-03-3110583093core:LandBuildings2022-04-012023-03-3110583093core:PlantMachinery2022-04-012023-03-3110583093core:Vehicles2022-04-012023-03-3110583093core:FurnitureFittings2022-04-012023-03-3110583093core:OfficeEquipment2022-04-012023-03-3110583093dpl:AdministrativeExpenses2022-04-012023-03-3110583093core:NetGoodwill2022-04-012023-03-3110583093core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3110583093dpl:GroupUndertakings2022-04-012023-03-3110583093dpl:ParticipatingInterests2022-04-012023-03-3110583093dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3110583093core:ListedExchangeTraded2022-04-012023-03-3110583093dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3110583093core:UnlistedNon-exchangeTraded2022-04-012023-03-3110583093dpl:CostSales2021-04-012022-03-3110583093dpl:DistributionCosts2021-04-012022-03-3110583093core:LandBuildings2021-04-012022-03-3110583093core:PlantMachinery2021-04-012022-03-3110583093core:Vehicles2021-04-012022-03-3110583093core:FurnitureFittings2021-04-012022-03-3110583093core:OfficeEquipment2021-04-012022-03-3110583093dpl:AdministrativeExpenses2021-04-012022-03-3110583093core:NetGoodwill2021-04-012022-03-3110583093core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3110583093dpl:GroupUndertakings2021-04-012022-03-3110583093dpl:ParticipatingInterests2021-04-012022-03-3110583093dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-3110583093core:ListedExchangeTraded2021-04-012022-03-3110583093dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-3110583093core:UnlistedNon-exchangeTraded2021-04-012022-03-3110583093core:NetGoodwill2023-03-3110583093core:IntangibleAssetsOtherThanGoodwill2023-03-3110583093core:LandBuildings2023-03-3110583093core:PlantMachinery2023-03-3110583093core:Vehicles2023-03-3110583093core:FurnitureFittings2023-03-3110583093core:OfficeEquipment2023-03-3110583093core:AfterOneYear2023-03-3110583093core:WithinOneYear2023-03-3110583093core:ListedExchangeTraded2023-03-3110583093core:UnlistedNon-exchangeTraded2023-03-3110583093core:ShareCapital2023-03-3110583093core:SharePremium2023-03-3110583093core:RevaluationReserve2023-03-3110583093core:OtherReservesSubtotal2023-03-3110583093core:RetainedEarningsAccumulatedLosses2023-03-3110583093core:NetGoodwill2022-03-3110583093core:IntangibleAssetsOtherThanGoodwill2022-03-3110583093core:LandBuildings2022-03-3110583093core:PlantMachinery2022-03-3110583093core:Vehicles2022-03-3110583093core:FurnitureFittings2022-03-3110583093core:OfficeEquipment2022-03-3110583093core:AfterOneYear2022-03-3110583093core:WithinOneYear2022-03-3110583093core:ListedExc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YMF ESTATES LTD

Registered Number
10583093
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

YMF ESTATES LTD
Company Information
for the year from 1 April 2022 to 31 March 2023

Director

BERGER, Moishe

Company Secretary

BERGER, Yoel

Registered Address

8 Brantwood Road
Salford
M7 4FL

Registered Number

10583093 (England and Wales)
YMF ESTATES LTD
Balance Sheet as at
31 March 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets3354,000354,000
354,000354,000
Current assets
Debtors89,20942,489
Cash at bank and on hand5,42737,682
94,63680,171
Creditors amounts falling due within one year4(457,683)(445,933)
Net current assets (liabilities)(363,047)(365,762)
Total assets less current liabilities(9,047)(11,762)
Creditors amounts falling due after one year5(10,499)(11,789)
Net assets(19,546)(23,551)
Capital and reserves
Called up share capital100100
Profit and loss account(19,646)(23,651)
Shareholders' funds(19,546)(23,551)
The financial statements were approved and authorised for issue by the Director on 12 March 2024, and are signed on its behalf by:
BERGER, Moishe
Director
Registered Company No. 10583093
YMF ESTATES LTD
Notes to the Financial Statements
for the year ended 31 March 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.Average number of employees

20232022
Average number of employees during the year00
3.Tangible fixed assets

Land & buildings

Total

££
Cost or valuation
At 01 April 22354,000354,000
At 31 March 23354,000354,000
Net book value
At 31 March 23354,000354,000
At 31 March 22354,000354,000
4.Creditors: amounts due within one year

2023

2022

££
Amounts owed to related parties441,176429,725
Taxation and social security5,5604,226
Other creditors2,7993,945
Accrued liabilities and deferred income8,1488,037
Total457,683445,933
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
5.Creditors: amounts due after one year

2023

2022

££
Bank borrowings and overdrafts10,49911,789
Total10,49911,789