Company Registration No. 11441328 (England and Wales)
YASH INVESTMENTS LTD
Unaudited accounts
for the year ended 30 June 2024
YASH INVESTMENTS LTD
Unaudited accounts
Contents
YASH INVESTMENTS LTD
Company Information
for the year ended 30 June 2024
Directors
Nazia Khan
Shehr E Yar Khan
Yasir Mohiuddin
Company Number
11441328 (England and Wales)
Registered Office
5 CROWN HILL
CROYDON
CR0 1RY
UNITED KINGDOM
Accountants
I&I Accountants Limited
34-35 Hatton Garden
London
London
EC1N 8DX
YASH INVESTMENTS LTD
Statement of financial position
as at 30 June 2024
Investment property
1,100,000
1,000,000
Cash at bank and in hand
20,852
7,547
Creditors: amounts falling due within one year
(234,615)
(184,852)
Net current liabilities
(213,763)
(177,305)
Total assets less current liabilities
886,237
822,695
Creditors: amounts falling due after more than one year
(792,370)
(798,706)
Called up share capital
100
100
Revaluation reserve
210,715
110,715
Profit and loss account
(116,948)
(86,826)
Shareholders' funds
93,867
23,989
For the year ending 30 June 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 14 March 2025 and were signed on its behalf by
Shehr E Yar Khan
Director
Company Registration No. 11441328
YASH INVESTMENTS LTD
Notes to the Accounts
for the year ended 30 June 2024
YASH INVESTMENTS LTD is a private company, limited by shares, registered in England and Wales, registration number 11441328. The registered office is 5 CROWN HILL, CROYDON, CR0 1RY, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 July 2023
1,000,000
Net gain from fair value adjustments
100,000
The company’s investment properties are measured at fair value in accordance with IAS 40, with gains or losses recognized in the income statement. As of 30 Jun 2024, the investment property is valued at £1,100,000, reflecting a fair value gain of £100,000 during the year.
5
Creditors: amounts falling due within one year
2024
2023
Loans from directors
234,615
184,852
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
792,370
798,706
The company borrow £737,000 from bank to purchase the property. The loan is interest only mortgage loan and will not amortised. The repayment is the repayment of interest only.
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).