Company registration number 4264450 (England and Wales)
INVESTMENT YIELD LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
INVESTMENT YIELD LIMITED
CONTENTS
Page
Director's report
1
Accountants' report
2
Profit and loss account
3
Balance sheet and notes to the financial statements
4
INVESTMENT YIELD LIMITED
DIRECTOR'S REPORT
FOR THE YEAR ENDED 31 JULY 2024
- 1 -
The director presents his annual report and financial statements for the year ended 31 July 2024.
Principal activities
The principal activity of the company continued to be that of consultancy and real estate.
Director
The director who held office during the year and up to the date of signature of the financial statements was as follows:
Mr D McGraw
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies' exemption.
On behalf of the board
Mr D McGraw
Director
7 October 2024
INVESTMENT YIELD LIMITED
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF INVESTMENT YIELD LIMITED FOR THE YEAR ENDED 31 JULY 2024
- 2 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Investment Yield Limited for the year ended 31 July 2024, which comprise the profit and loss account and the balance sheet, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.
This report is made solely to the board of directors of Investment Yield Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Investment Yield Limited and state those matters that we have agreed to state to the board of directors of Investment Yield Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Investment Yield Limited and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Investment Yield Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Investment Yield Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Investment Yield Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Jervis & Partners
7 October 2024
Chartered Accountants
30 Harborough Road
Kingsthorpe
Northampton
NN2 7AZ
INVESTMENT YIELD LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 JULY 2024
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2024
2023
£
£
Turnover
46,359
46,839
Other income
5,700
5,700
Staff costs
(46,000)
(48,875)
Depreciation and other amounts written off assets
(133)
Other charges
(3,330)
(3,481)
Profit
2,729
50
INVESTMENT YIELD LIMITED
BALANCE SHEET
AS AT 31 JULY 2024
31 July 2024
- 4 -
2024
2023
£
£
£
£
Fixed assets
100,000
100,000
Current assets
5,381
16,518
Creditors: amounts falling due within one year
(34,207)
(48,073)
Net current liabilities
(28,826)
(31,555)
Total assets less current liabilities
71,174
68,445
Net assets
71,174
68,445
Capital and reserves
71,174
68,445
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
1
1
Investment Yield Limited is a private company limited by shares incorporated in England and Wales. The registered office is 84 Limner Street, Market Harborough, Leicestershire, LE16 9HQ.
For the year ended 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 7 October 2024
Mr D McGraw
Director
Company registration number 4264450 (England and Wales)