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Company Registration No. 12110810 (England and Wales)
NAM YANG PROPERTIES LTD Unaudited accounts for the year ended 31 July 2024
NAM YANG PROPERTIES LTD Unaudited accounts Contents
Page
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NAM YANG PROPERTIES LTD Company Information for the year ended 31 July 2024
Directors
Sing Yau Law Stephanie Law
Company Number
12110810 (England and Wales)
Registered Office
2 MILNER AVENUE BROADHEATH ALTRINCHAM WA14 5HP ENGLAND
Accountants
Lams Accountants 20 Burton Road Didsbury Manchester Greater Manchester M20 3ED
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NAM YANG PROPERTIES LTD Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
613,802 
613,802 
Current assets
Debtors
3,808 
3,808 
Cash at bank and in hand
9,659 
16,271 
13,467 
20,079 
Creditors: amounts falling due within one year
(173,045)
(192,912)
Net current liabilities
(159,578)
(172,833)
Total assets less current liabilities
454,224 
440,969 
Creditors: amounts falling due after more than one year
(437,377)
(437,372)
Net assets
16,847 
3,597 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
16,747 
3,497 
Shareholders' funds
16,847 
3,597 
For the year ending 31 July 2024 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 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 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 of Directors and authorised for issue on 20 November 2024 and were signed on its behalf by
Stephanie Law Director Company Registration No. 12110810
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NAM YANG PROPERTIES LTD Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
NAM YANG PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 12110810. The registered office is 2 MILNER AVENUE, BROADHEATH, ALTRINCHAM, WA14 5HP, ENGLAND.
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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2024 
£ 
Fair value at 1 August 2023
613,802 
At 31 July 2024
613,802 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,808 
3,808 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
2,078 
2,077 
Taxes and social security
3,108 
848 
Loans from directors
167,164 
189,938 
Accruals
695 
49 
173,045 
192,912 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
437,377 
437,372 
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NAM YANG PROPERTIES LTD Notes to the Accounts for the year ended 31 July 2024
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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