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REGISTERED NUMBER: 10614297 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JULY 2023 TO 31 MARCH 2024

FOR

YELLOW TREE CAPITAL (DEVELOPMENTS)
LIMITED

YELLOW TREE CAPITAL (DEVELOPMENTS)
LIMITED (REGISTERED NUMBER: 10614297)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JULY 2023 TO 31 MARCH 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


YELLOW TREE CAPITAL (DEVELOPMENTS)
LIMITED (REGISTERED NUMBER: 10614297)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £ £
FIXED ASSETS
Tangible assets 4 21,685 34,532
Investments 5 2 2
21,687 34,534

CURRENT ASSETS
Stocks - 580,514
Debtors: amounts falling due within one year 6 1,876,508 2,513,012
Cash at bank and in hand 54,753 235,984
1,931,261 3,329,510
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

7

(2,249,439

)

(3,731,811

)
NET CURRENT LIABILITIES (318,178 ) (402,301 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(296,491

)

(367,767

)

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (297,491 ) (368,767 )
(296,491 ) (367,767 )

YELLOW TREE CAPITAL (DEVELOPMENTS)
LIMITED (REGISTERED NUMBER: 10614297)

BALANCE SHEET - continued
31 MARCH 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 2 December 2024 and were signed on its behalf by:





J J Bateman - Director


YELLOW TREE CAPITAL (DEVELOPMENTS)
LIMITED (REGISTERED NUMBER: 10614297)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JULY 2023 TO 31 MARCH 2024

1. STATUTORY INFORMATION

Yellow Tree Capital (Developments) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10614297

Registered office: Old Coffee House Yard
London Road
Sevenoaks
Kent
TN13 1AH

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents the sale of properties which have been developed; the sale being recognised upon exchange, unless there are significant contingencies imposed.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

Investments in associates
Interest in associates are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has a significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stock are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Financial instruments
The company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.


YELLOW TREE CAPITAL (DEVELOPMENTS)
LIMITED (REGISTERED NUMBER: 10614297)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JULY 2023 TO 31 MARCH 2024

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Going concern
The financial statements have been prepared on a going concern basis. At the balance sheet date the company's liabilities exceeded its assets. The company has received assurances from its directors that they will continue to give the company financial support for the foreseeable future.

On this basis the directors consider it appropriate to prepare the accounts on a going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 7 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£ £ £ £
COST
At 1 July 2023 24,151 31,800 11,501 67,452
Additions - - 1,399 1,399
At 31 March 2024 24,151 31,800 12,900 68,851
DEPRECIATION
At 1 July 2023 10,660 15,900 6,360 32,920
Charge for period 5,059 5,962 3,225 14,246
At 31 March 2024 15,719 21,862 9,585 47,166
NET BOOK VALUE
At 31 March 2024 8,432 9,938 3,315 21,685
At 30 June 2023 13,491 15,900 5,141 34,532

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
2024 2023
£ £
Investments in LLPs 2 2

YELLOW TREE CAPITAL (DEVELOPMENTS)
LIMITED (REGISTERED NUMBER: 10614297)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JULY 2023 TO 31 MARCH 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 5,664 50
Other debtors 1,870,844 2,512,962
1,876,508 2,513,012

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 15,933 1,159
Taxation and social security 23,394 13,914
Other creditors 2,210,112 3,716,738
2,249,439 3,731,811