2023-02-01 2024-01-31 false Capium Accounts Production 1.1 13110886 bus:FullAccounts 2023-02-01 2024-01-31 13110886 bus:FRS102 2023-02-01 2024-01-31 13110886 bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 13110886 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 13110886 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 13110886 2023-02-01 2024-01-31 13110886 2024-01-31 13110886 bus:RegisteredOffice 2023-02-01 2024-01-31 13110886 core:WithinOneYear 2024-01-31 13110886 core:AfterOneYear 2024-01-31 13110886 bus:Director1 2023-02-01 2024-01-31 13110886 bus:Director1 2024-01-31 13110886 bus:Director1 2022-02-01 2023-01-31 13110886 2022-02-01 13110886 bus:LeadAgentIfApplicable 2023-02-01 2024-01-31 13110886 2022-02-01 2023-01-31 13110886 2023-01-31 13110886 core:WithinOneYear 2023-01-31 13110886 core:AfterOneYear 2023-01-31 13110886 bus:EntityAccountantsOrAuditors 2022-02-01 2023-01-31 13110886 bus:OrdinaryShareClass1 2023-02-01 2024-01-31 13110886 bus:OrdinaryShareClass1 2024-01-31 13110886 bus:OrdinaryShareClass1 2022-02-01 2023-01-31 13110886 bus:OrdinaryShareClass1 2023-01-31 13110886 core:InvestmentProperties 2023-02-01 2024-01-31 13110886 core:InvestmentProperties 2024-01-31 13110886 core:InvestmentProperties 2023-01-31 13110886 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-01-31 13110886 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-01-31 13110886 core:CostValuation core:Non-currentFinancialInstruments 2024-01-31 13110886 core:CostValuation core:Non-currentFinancialInstruments 2023-01-31 13110886 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-01-31 13110886 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-01-31 13110886 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-01-31 13110886 core:Non-currentFinancialInstruments 2024-01-31 13110886 core:Non-currentFinancialInstruments 2023-01-31 13110886 core:ShareCapital 2024-01-31 13110886 core:ShareCapital 2023-01-31 13110886 core:RetainedEarningsAccumulatedLosses 2024-01-31 13110886 core:RetainedEarningsAccumulatedLosses 2023-01-31 13110886 dpl:Item1 2023-02-01 13110886 dpl:Item1 2024-01-31 13110886 dpl:Item1 2022-02-01 13110886 dpl:Item1 2023-01-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 13110886
England and Wales

 

 

 

YEMES 2021 LIMITED


Unaudited Financial Statements
 


Period of accounts

Start date: 01 February 2023

End date: 31 January 2024
Director Mayer Schreiber
Registered Number 13110886
Registered Office 147 STAMFORD HILL
LONDON
N16 5LG
1
Director's report and financial statements
The director presents his/her/their annual report and the financial statements for the year ended 31 January 2024.
Principal activities
Principal activity of the company during the financial year was that of investment in residential properties across the UK.
Director
The director who served the company throughout the year was as follows:
Mayer Schreiber
Statement of director's responsibilities
The director is responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (Financial Reporting Standard 102). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.
In preparing these financial statements, the director is required to :
  • select suitable accounting policies and then apply them consistently
  • make judgements and accounting estimates that are reasonable and prudent
  • state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The director is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

On behalf of the board.


----------------------------------
Mayer Schreiber
Director

Date approved: 14 October 2024
2
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 506,000    242,050 
506,000    242,050 
Current assets      
Debtors 4 10,426    1 
Cash at bank and in hand 719    6,114 
11,145    6,115 
Creditors: amount falling due within one year 5 (1)  
Net current assets 11,144    6,115 
 
Total assets less current liabilities 517,144    248,165 
Creditors: amount falling due after more than one year 6 (543,852)   (276,127)
Net assets (26,708)   (27,962)
 

Capital and reserves
     
Called up share capital 7 1    1 
Profit and loss account (26,709)   (27,963)
Shareholders' funds (26,708)   (27,962)
 


For the year ended 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 14 October 2024 and were signed by:


-------------------------------
Mayer Schreiber
Director
3
General Information
YEMES 2021 LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13110886, registration address 147 STAMFORD HILL, LONDON, N16 5LG.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors believe that the company is experiencing good levels of occupancy on the residential portfolio with a modest outlook for growth, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
2.

Average number of employees

Average number of employees during the year was 0 (2023 : 0).
3.

Tangible fixed assets

Cost or valuation Investment properties   Total
  £   £
At 01 February 2023 242,050    242,050 
Additions 232,370    232,370 
Disposals  
Revaluations 31,580    31,580 
At 31 January 2024 506,000    506,000 
Depreciation
At 01 February 2023  
Charge for year  
On disposals  
At 31 January 2024  
Net book values
Closing balance as at 31 January 2024 506,000    506,000 
Opening balance as at 01 February 2023 242,050    242,050 


4.

Debtors: amounts falling due within one year

2024
£
  2023
£
Called up Share Capital Not Paid 1    1 
1    1 

4.

Debtors: amounts falling due after one year

2024
£
  2023
£
Prepayments 10,425   
10,425   

5.

Creditors: amount falling due within one year

2024
£
  2023
£
Other Creditors 1   
1   

6.

Creditors: amount falling due after more than one year

2024
£
  2023
£
Bank Loans & Overdrafts (secured) 389,975   
Other Creditors  
Yemes Investments   21,500 
YMS Services   139,479 
DLA Mr. MS 45,680    7,050 
Yemes Holdings Ltd   108,098 
Yemes & Co 108,197   
543,852    276,127 

7.

Share Capital

Allotted, called up and fully paid
2024
£
  2023
£
1 Class A share of £1.00 each  
 

4