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Company Registration No. 12267345 (England and Wales)
YMY Investment Limited Unaudited accounts for the year ended 31 October 2023
YMY Investment Limited Unaudited accounts Contents
Page
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YMY Investment Limited Company Information for the year ended 31 October 2023
Director
Khwaja Merajuddin Siddiqi
Company Number
12267345 (England and Wales)
Registered Office
7 Torrington Drive Harrow London HA2 8ND United Kingdom
Accountants
Ratnam Accountants 203 Kilburn High Road London NW6 7HY
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YMY Investment Limited Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,360,691 
1,306,263 
Current assets
Cash at bank and in hand
21,117 
26,041 
Creditors: amounts falling due within one year
(614,787)
(544,527)
Net current liabilities
(593,670)
(518,486)
Total assets less current liabilities
767,021 
787,777 
Creditors: amounts falling due after more than one year
(761,874)
(807,134)
Net assets/(liabilities)
5,147 
(19,357)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
5,146 
(19,358)
Shareholders' funds
5,147 
(19,357)
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 25 July 2024 and were signed on its behalf by
Khwaja Merajuddin Siddiqi Director Company Registration No. 12267345
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YMY Investment Limited Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
YMY Investment Limited is a private company, limited by shares, registered in England and Wales, registration number 12267345. The registered office is 7 Torrington Drive, Harrow, London, HA2 8ND, United Kingdom.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 November 2022
1,360,691 
At 31 October 2023
1,360,691 
Depreciation
At 1 November 2022
54,428 
Charge for the year
(54,428)
At 31 October 2023
- 
Net book value
At 31 October 2023
1,360,691 
At 31 October 2022
1,306,263 
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YMY Investment Limited Notes to the Accounts for the year ended 31 October 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
45,260 
45,260 
VAT
(742)
1,150 
Trade creditors
4,638 
(1,250)
Amounts owed to group undertakings and other participating interests
449,006 
374,274 
Taxes and social security
- 
5,069 
Loans from directors
116,125 
119,324 
Accruals
500 
700 
614,787 
544,527 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
761,874 
807,134 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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