Y K DEVELOPMENTS LIMITED

Company Registration Number:
07189775 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

Y K DEVELOPMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

Y K DEVELOPMENTS LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Current assets
Stocks: 502,501 502,501
Debtors:   0 5,002
Cash at bank and in hand: 12,806 18,411
Total current assets: 515,307 525,914
Creditors: amounts falling due within one year:   (261,922) (271,923)
Net current assets (liabilities): 253,385 253,991
Total assets less current liabilities: 253,385 253,991
Total net assets (liabilities): 253,385 253,991
Capital and reserves
Called up share capital: 9 9
Profit and loss account: 253,376 253,982
Shareholders funds: 253,385 253,991

The notes form part of these financial statements

Y K DEVELOPMENTS LIMITED

Balance sheet statements

For the year ending 31 March 2024 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 11 September 2024
and signed on behalf of the board by:

Name: A Kennerson
Status: Director

The notes form part of these financial statements

Y K DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

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

Other accounting policies

Stocks Stocks are the property purchase and redevelopment costs valued at the lower of cost and net realisable value.

Y K DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

Y K DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Related party transactions

During the year the company was controlled by Mr A Kennerson. The director, Mr A Kennerson, has provided the finance for the building development and at the year end was owed £239,072 by the company.