Y.Z.A PROPERTY LTD

Company Registration Number:
14145240 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 June 2022

End date: 30 June 2023

Y.Z.A PROPERTY LTD

Contents of the Financial Statements

for the Period Ended 30 June 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

Y.Z.A PROPERTY LTD

Company Information

for the Period Ended 30 June 2023




Registered office: 22
Larchwood Road
Hemel Hempstead
England
HP2 5NB
Company Registration Number: 14145240 (England and Wales)

Y.Z.A PROPERTY LTD

Balance sheet

As at 30 June 2023


Notes
13 months to
30 Jun 2023
£
Fixed assets
Tangible assets: 4 196,941
Total fixed assets: 196,941
Current assets
Cash at bank and in hand: 7,310
Total current assets: 7,310
Creditors: amounts falling due within one year: 5 ( 16,662 )
Net current assets (liabilities): ( 9,352 )
Total assets less current liabilities: 187,589
Creditors: amounts falling due after more than one year: 6 ( 185,000 )
Total net assets (liabilities): 2,589

The notes form part of these financial statements

Y.Z.A PROPERTY LTD

Balance sheet continued

As at 30 June 2023


Notes
13 months to
30 Jun 2023
£
Capital and reserves
Called up share capital: 1
Profit and loss account: 2,588
Shareholders funds: 2,589

For the year ending 30 June 2023 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.

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

This report was approved by the board of directors on 21 February 2024
And Signed On Behalf Of The Board By:

Name: Wahieda Khanom
Status: Director

The notes form part of these financial statements

Y.Z.A PROPERTY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

Y.Z.A PROPERTY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 2. Employees

    13 months to
    30 Jun 2023
    Average number of employees during the period 0

Y.Z.A PROPERTY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 3. Off balance sheet disclosure

    No

Y.Z.A PROPERTY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Tangible assets

Land & buildings Total
Cost £ £
Additions 196,941 196,941
Disposals - -
Revaluations - -
Transfers - -
At 30 June 2023 196,941 196,941
Depreciation
Charge for year - -
On disposals - -
Other adjustments - -
At 30 June 2023 - -
Net book value
At 30 June 2023 196,941 196,941

Investment property is included in the balance sheet at its open market value at the balance sheet date.
The resulting aggregate surplus or deficit is transferred to a revaluation reserve. Although this accounting policy is in accordance with the FRS for Smaller Entities (effective January 2015), it is a departure from the general
requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the director compliance with the legislation is necessary for the financial statements to give a true and fair view.
Depreciation or amortisation is only one of many factors reflected in the annual valuation and for the current period, the director is of the opinion that despite improvements to the property, there is no significant increase
or decrease in the fair valuation of the property.

Y.Z.A PROPERTY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

5.Creditors: amounts falling due within one year note

13 months to
30 Jun 2023
£
Taxation and social security 607
Accruals and deferred income 10,706
Other creditors 5,349
Total 16,662

Y.Z.A PROPERTY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

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

13 months to
30 Jun 2023
£
Other creditors 185,000
Total 185,000

Interest free unsecured loan from Mr. Ali, husband of the sole director and owner Mrs Wahieda Khanom

Y.Z.A PROPERTY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

7.1.Related party disclosures

Name of related party: Mr Ali
Description of relationship:
Mr Ali is the husband of the sole director and owner of the company
Description of the transaction:
Unsecured loan to the company
Balance at 30 June 2023 190,000